U.S. investor Wood lambastes Swatch, proposes overhaul to company’s board, FT reports

Swatch external store sign Peter Dazeley | Getty Images News | Getty Images U.S. investor Steven Wood accused Swatch Group of “worst-in-class governance”, proposing changes to the Swiss watchmaker’s board and governance reforms, the Financial Times reported on Saturday. Wood, the founder of GreenWood Investors, which says it holds about 0.5% of Swatch‘s share capital, has…

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