Nicolas Hayek

About Nicolas Hayek

Birth Day: February 19, 1928
Birth Place: Switzerland
Occupation: Businessman
Title: Swatch Group, Founder/Chairman

Nicolas Hayek

Nicolas Hayek was bornon February 19, 1928 in Switzerland. Orchestrated merger of troubled Swiss watchmakers SSIH (Omega, Tissot) and ASUAG 1983; introduced popular low-cost "Second Watch." Company renamed The Swatch Group 1998. Acquired luxury time-piece brand Breguet a year later. Struck licensing deal with Tiffany 2007. Swatch Group's sales in 2009: $5 billion, down 6.3% (holding exchange rates constant). Shares up 160% in 12 months. Son Nick Jr. serves as chief executive; Hayek still advises on major decisions.

Does Nicolas Hayek Dead or Alive?

As per our current Database, Nicolas Hayek has been died on 28 June 2010(2010-06-28) (aged 82)\nBiel/Bienne, Switzerland.

🎂 Nicolas Hayek - Age, Bio, Faces and Birthday

When Nicolas Hayek die, Nicolas Hayek was 82 years old.

🌙 Zodiac

Nicolas Hayek’s zodiac sign is Pisces. According to astrologers, Pisces are very friendly, so they often find themselves in a company of very different people. Pisces are selfless, they are always willing to help others, without hoping to get anything back. Pisces is a Water sign and as such this zodiac sign is characterized by empathy and expressed emotional capacity.

🌙 Chinese Zodiac Signs

Nicolas Hayek was born in the Year of the Dragon. A powerful sign, those born under the Chinese Zodiac sign of the Dragon are energetic and warm-hearted, charismatic, lucky at love and egotistic. They’re natural born leaders, good at giving orders and doing what’s necessary to remain on top. Compatible with Monkey and Rat.

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Biography/Timeline

1963

In 1963, Hayek founded his own management consulting firm, the Zurich-based Hayek Engineering. Hayek made his mark quickly on the Swiss and European Business scene by consulting and effecting successful turnarounds at several of the largest European multinationals. One of his management credos was: "The rarest resources are entrepreneurial types in top management." By 1979, Hayek Engineering had over 300 clients in 30 countries. Hayek was Chairman of the Board and CEO of Hayek Engineering from its founding until his death.

1980

In the early 1980s, Hayek was asked by a group of Swiss Bankers to oversee a liquidation of ASUAG and SSIH, two Swiss watch-making firms which were in turmoil due to heavy competition from Japanese watch manufacturers such as Seiko and Citizen Watch. Hayek believed that the Swiss watch Manufacturing industry could remain competitive and that ASUAG/SSIH could recover after a restructuring of operations and a repositioning of the different brands.

2010

Hayek died unexpectedly on 28 June 2010 of cardiac arrest during work at the Swatch Group headquarters in Biel.

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