The board of the Swatch Group has appointed Nayla Hayek as chairman to succeed her late father Nicolas Hayek, who died of heart failure on June 28 at the age of 82. The Hayek children are teaming up to lead the company, with Nicolas Hayek Jr. who has been filling the role of chief executive officer since 2003, and now Nayla Hayek chairwoman.
The Swatch Group has has actually been preparing Nayla Hayek for the position over the past years. She was voted in unanimously, and has become the only woman to chair a company of the Swiss benchmark SMI index. Nayla became vice chairman of Swatch Group in May and runs its Tiffany Watch unit, and also joined the watchmaker's board of directors in 1995.
The Swatch Group has definitely been left in good hands, and with this great family duo, they will have great success in this fashion industry.
~XOXO FashionHustler
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