9/27/2023 0 Comments List of boards and beyond videosThe company, which is based in Wattens, Austria, is working toward separating “control and management roles,” which have historically been run by the descendants of founder Daniel Swarovski.Īs a result of the new strategy, Buchbauer and Margreiter, both of whom are members of the family, withdrew from day-to-day operations, but are continuing “to help shape the future of the company” as members of the board.Īs a result of the sweeping governance changes, Swarovski’s next CEO and CFO could well be executives from outside the founding family for the first time in the company’s 126-year history. ![]() Tiffany Unveils Most Expensive Design In Its History: See The World’s Fair NecklaceĪs reported last month, Swarovski confirmed that Buchbauer, who took up the CEO role in 2020 following a company-wide shakeup, and Margreiter, the former CFO, were resigning, and the search for their respective successors had begun.
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