World's 100 Most Powerful Arabs 2014
Wed 26 Mar 2014 03:56 PM
Nayla Hayek

Company: Swatch Group

Designation: Chairwoman

Country: Switzerland (Lebanon)

Nayla Hayek is one of the world’s most powerful corporate leaders. Last year, Swatch, the world’s biggest watch firm, posted a 20 percent increase in annual profits to $2bn, with overall revenues coming in at just under $10bn. Hayek, whose father co-founded the company, has been an active member of the board ever since her appointment in 1995.

Swatch’s importance lies not just in the fact that it is such a huge manufacturer; it makes most of the parts that make other Swiss watches tick. The firm’s stable of brands includes Breguet, Blancpain, Omega, Longines and Tissot. Last January, the watch giant announced it had acquired the Harry Winston Diamond Corp’s luxury goods operation in a deal valued at as much as $1bn. Hayek is now the firm’s CEO.

Time is gold

Nayla Hayek has been an active member of the board ever since her appointment in 1995.