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Swatch Group Veteran, Lionel a Marca To Take CEO Position of Breguet

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Lionel a Marca, CEO Breguet
Picture: Breguet

Breguet welcomes Lionel a Marca, a veteran from the Swatch Group, as its new CEO. The Home of Breguet introduced in a press statement {that a} Marca will succeed Marc A. Hayek, the scion of the Group whereas nonetheless remaining because the model’s president.

The succession comes after Hayek took over the place in 2020 when the then CEO, Thierry Esslinger left the corporate. A Marca began his profession with the Group over 30 years in the past and has held quite a few positions inside the firm, together with working for its ETA Manufacture Horlogère and as a advisor for the totally different manufacturers beneath the Group. He has been working with Breguet since 2019.

A Marca joined the Swatch Group as an apprentice in 1992 at movement-maker Frédéric Piguet then he moved to ETA to work and develop watchmaking issues. Subsequently, a Marca was appointed to the manager boards of Blancpain in 2004 and Harry Winston in 2014. 5 years later, he joined the Prolonged Govt Board of the Swatch Group.

“If at present Lionel a Marca is among the uncommon watchmakers on the helm of a famend watch model, then he’ll undoubtedly have the ability to steer Breguet towards the brightest of futures on the eve of its 250th anniversary,” stated the high-end watchmaker, which was based in 1775.

The Swatch Group is dwelling to a variety of manufacturers comparable to Blancpain, Jaquet Droz, Harry Winston, Omega, Longines and different extra accessible labels like Swatch and Hamilton. Within the Half-Year financial report launched by the Group, the watchmaker recorded an roughly 54 per cent improve in its internet gross sales when in comparison with 2020. Moreover, the Group is anticipating additional progress within the second half of the yr, with gross sales above its 2019 ranges. 

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