Peter Steiger - Swatch Member of the Extended Management Board

SWGNF Stock  USD 35.02  1.58  4.32%   

Executive

Dr. Peter Steiger was Member of the Extended Management Board at The Swatch Group Ltd since 2002. He is responsible for Corporationrationrate Controlling and for Logistics at Swatch Group, Swatch Group United States, Swatch Group Caribbean, Swatch Group Malaysia, Swatch Group Singapore. He started his career with the Group in 1989 as Head of Finance and Administration with PC Quartz. Later, he held leading financial posts with various Group companies . Before joining Swatch Group, he had worked with international groups in Switzerland and abroad . He has a doctorate in Public Economics. since 2002.
Tenure 23 years
Professional MarksPh.D
Phone41 32 343 68 11
Webhttps://www.swatchgroup.com

Swatch Management Efficiency

The company has return on total asset (ROA) of 0.0525 % which means that it generated a profit of $0.0525 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0696 %, meaning that it generated $0.0696 on every $100 dollars invested by stockholders. Swatch's management efficiency ratios could be used to measure how well Swatch manages its routine affairs as well as how well it operates its assets and liabilities.
The Swatch Group has accumulated 2 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Swatch Group has a current ratio of 7.77, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Swatch until it has trouble settling it off, either with new capital or with free cash flow. So, Swatch's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Swatch Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Swatch to invest in growth at high rates of return. When we think about Swatch's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 3 records

EXECUTIVE Age

Swen GrundmannCompagnie Financiere Richemont
49
Paola PecciariniSalvatore Ferragamo SpA
N/A
Sophie CagnardCompagnie Financiere Richemont
N/A
The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The Swatch Group AG was founded in 1983 and is headquartered in BielBienne, Switzerland. Swatch Grp operates under Luxury Goods classification in the United States and is traded on OTC Exchange. It employs 31405 people. The Swatch Group [SWGNF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Swatch Group Leadership Team

Elected by the shareholders, the Swatch's board of directors comprises two types of representatives: Swatch inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Swatch. The board's role is to monitor Swatch's management team and ensure that shareholders' interests are well served. Swatch's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Swatch's outside directors are responsible for providing unbiased perspectives on the board's policies.
PierreAndre Buhler, Member Board
Peter Steiger, Member of the Extended Management Board
HansRudolf Gottier, Member of the Extended Management Board
Marc Hayek, Member of the Management Board
Francois Thiebaud, Member of the Management Board
Thierry Kenel, CFO and Member of Executive Group Management Board
Matthias Breschan, Member of the Extended Management Board
Florence OllivierLamarque, Member of the Management Board
Georges Hayek, CEO and President of Executive Group Management Board, Director, Member of Audit Committee and Member of Compensation Committee
Raynald Aeschlimann, Member of the Extended Management Board

Swatch Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Swatch a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Swatch Pink Sheet

Swatch financial ratios help investors to determine whether Swatch Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Swatch with respect to the benefits of owning Swatch security.