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| Horological world loses a great leader | Rate Topic |
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| Posted: Mon Jun 28th, 2010 02:40 pm |
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1st Post |
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Graham 3T WIS 
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 Press Release Biel/Bienne, 28 June 2010 - With deep sadness and regret we inform you that Mr. Nicolas G. Hayek, Chairman and Delegate of the Board of Directors of The Swatch Group Ltd. unexpectedly passed away today due to heart failure during work at his beloved Swatch Group. 
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| Posted: Mon Jun 28th, 2010 03:49 pm |
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2nd Post |
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aujang 3T WIS 
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RIP.
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| Posted: Mon Jun 28th, 2010 03:54 pm |
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3rd Post |
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ndburley 3T WIS 
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Always sad to hear this news, he had a good run by the looks of it. May he rest in peace.
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| Posted: Mon Jun 28th, 2010 03:58 pm |
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4th Post |
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Nabco 3T WIS 
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That's horrible, he definitely built a little empire
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| Posted: Mon Jun 28th, 2010 04:11 pm |
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5th Post |
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Hammerfjord Moderator 
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He made so many trades and wis pissed when he decided to stop the sourcing of ETA mvts to trades out of Swatch group. BUT! Look: He boosted the inhouse production with that. It was about time that Pany and Breitly use them huge profits made on selling eta mvts at gold price, to give the change with well deserved inhouse work. May the man rest in peace.
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| Posted: Mon Jun 28th, 2010 04:54 pm |
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6th Post |
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tenbosch 3T WIS 
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Very sad... RIP
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| Posted: Mon Jun 28th, 2010 04:54 pm |
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7th Post |
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Paxman 3T WIS 
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Say what you will the man made a huge impact on the watch world. He will be missed!
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| Posted: Wed Jun 30th, 2010 04:50 am |
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8th Post |
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IanM 3T WIS 
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I have no doubt that Mr Hayek Sr will be missed, but that his influence will continue. His son (Nicolas Hayek Jr) may take over the reigns, from what I read. It is ludicrous to say that he single-handedly saved the Swiss auto watch industry through the "quartz crisis" (their words, not mine) - but he had a helluva strong influence in it, and many of the brands we wear or covet today reflect a heritage that he was strongly involved in continuing. RIP Mr Hayek.
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| Posted: Wed Jun 30th, 2010 12:25 pm |
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9th Post |
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murphy j 3T WIS 
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Well, I saw Tony's post about this before I saw this thread. He definately built an empire and will be missed.
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| Posted: Wed Jun 30th, 2010 02:28 pm |
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10th Post |
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oagaspar Site Founder 
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sad day for all watch enthusiasts imho....it was Mr. Hayek who single handed resurrected the Swiss Watch industry and mechanical/automatic watches when the Quartz revolution took over in the late 60'scausing many,many Swiss/German watch companies to go under...he was a true WIS and will be missed by many!
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