Swatch Shareholders Reject Activist's Board Bid Again
Ehemaliges Hauptgebäude OMEGA, 6, Faubourg du Lac / Seevorstadt, Neustadt / Nouvelle ville, Biel/Bienne, Verwaltungskreis Biel/Bienne, Verwaltungsregion Seeland, Bern/Berne, 2502, Schweiz/Suisse/Svizzera/Svizra
Swatch Group
CONFIRMED86% CONFIDENCEThe article dates the annual general meeting to 'Tuesday, May 12, 2026' and quotes Swatch's statement that shareholders 'clearly rejected his election' 'for the second time.'[1]
Swatch Group shareholders voted 79.6% against seating US investor Steven Wood on the board at their annual meeting, even after proxy advisers Glass Lewis and ISS backed him and the company's own bearer shareholders separately elected him with 80.4% support.
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