Monday, June 28, 2010

Mysore Mallige Chethna

NICOLAS HAYEK IS MORE BLESSED TO

Nicolas Hayek is more

President of the Swiss group Swatch, d Lebanese origin, died of cardiac arrest.

President colorful Swiss Swatch Group, Nicolas Hayek, died yesterday of cardiac arrest at the offices of the company he had raised to the rank of world number one of watch. "Nicolas G. Hayek, President and Director Delegate of the Board of Directors of Swatch Group, died today, unexpectedly, of a heart attack while working in his company affectionate, "the company said in a statement. Contacted by AFP, the global leader in watchmaking, with headquarters in Biel (center), declined to further comment.
A native of Beirut, age 82, was a leading figure in the world of Swiss watches and Swiss leaders of the most known and appreciated in monde.Il was the head of an empire grouping brands Luxury Omega, Breguet, Blancpain and Tissot watches but also more entry level, which provided equity capital to 6 billion francs suisses.Le group, which remains tight-lipped about the circumstances of death, said the "vast services the rescue of the Swiss Watch Industry "Mr. Hayek has made, recalling that he had also contributed significantly" to the creation and development of the Swatch Group. He "was able, with Swatch Group, its vision of a watch company powerful, important creative value of Swiss origin and establish a sustainable manner. He is rightly regarded as a Contractor pioneer of this country, "insists the communiqué.Le group also ensures that Mr. Hayek was able to" guarantee also by personal decisions, that his ideas and his ideas remain, and continuity, both in terms of shareholding that the board of directors and senior management, are met. "iconic leader, group president since 2006, was still very active in the company where his son, Nick, took over as CEO in 2003.Dans his last speech at the general meeting of the group, the president had announced that 2010 would be marked by a new fiscal year "record", a sign of vitality of the Swiss watchmaker that has overcome the financial crisis without too much damage. "The first four months, from January to April 2010 show an operating profit growth and strong sales records nearly every month and as a result of record operating results," then found Mr. Hayek.

Source: L'Orient Lejour

hilda.barhoum @ wanadoo.fr

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