Nicolas Hayek

See also: Hayek

Nicolas George Hayek (1928 -) is a contractor Libanais. President of the clock making group Swatch Group, it has much work to safeguard clock making know-how and to save the Horlogerie low and Moyen of range in Suisse. He is also the inventor of the concept of the Minivoiture Smart.

Its life

  • 1928, birth with Beirut with the Lebanon of a Jewish Lebanese mother and an American father, dentist and professor at the American university of Beirut
  • Rocked by the French culture, it attends the school of the sisters
  • 1940, his/her parents move in France
  • 1948, license in mathematics and physics at the university of Lyon
  • 1949, training course in the actuary profession in professor Jecklin with the company of reinsurance of Zurich.

First experiments of contractor

  • 1949, meets his woman, whose father had a small specialized foundry, inter alia, in the manufacture of the brake shoes of the coaches CF, employing 20 persons, installed with Kallnach
  • his/her father-in-law, Edouard Mezger, was victim of an brain attack, the family requires of him to manage the businesses.
  • It learns the " Switzerland-allemand".
  • Thanks to a daring marketing strategy, it made a success of a sale of brake shoes to the CF, which makes it possible the company to buy its buildings.
  • 1957, the father-in-law is cured and takes again the direction of the businesses.

Specialist in the steel-works and foundries

  • Thanks to a contract with a foundry of parts for Mercedes, which recommends it to the others, he becomes the world specialist in the problems of steel-works and foundries.

Analyzes of company

  • 1963, foundation of the consultancy Hayek Engineering Inc. with Zurich
    • Employs 250 specialists experienced in a great number of sectors.
    • It will be requested much to analyze the state of many administrations, public or deprived: CF, television, town of Zurich, Ringier, Edipresse, Tages-Anzeiger, Swiss army (tank Leopard 2), Nestlé, Brown Boveri, CF, SR, Polytechnic school, Renault, BMW, Siemens, Hitachi.

Clock industry

  • Analysis of the state of the clock making group SSIH
  • Analysis of the state of the clock making group ASUAG

  • 1983, it proposes to amalgamate two clock and watch makers then dying men, SSIH, holder of the marks Omega and Tissot and Asuag, holder of the marks Longines, Rado, ETA (components),…

  • 1986, fusion under the name of Swiss Société of micro-electronics and clock industry (SMH)
  • 1986, president and director of Swatch Group
  • 1995, the German chancellor Helmut Kohl names it member of the Council for Research, Technology and future Innovation for the off Germany and Europe
  • 1996, the French government appoints it president of the “Think tank ” of France, which studies the future economic strategies of the country.
  • 1996, Doctor honoris causa in economy of the university of Neuchâtel
  • 1998, Doctor honoris causa in economy of the university of Bologna
  • 1998, the SMH takes the name of Swatch Group
  • 2003, it transmits the direction of the Swatch Group to his/her son G. Nicolas Hayek (Nick), but remains chairman of the board.

Car

  • 1991, Co-founds SwatchVolksWagen in order to market the concept of Minivoiture SwatchMobile
  • 1998, lance in collaboration with Mercedes-Benz, the Smart Fortwo

Family

  • His/her brother Sam G. Hayek, former director of the group Sibra (beer Cardinal)
  • His/her son, G. Nicolas Hayek (Nick Hayek), current director of Swatch Group, member of the board of directors
  • His daughter, Nayla, member of the board of directors
    • Its grandson, Marc A. Hayek, member of the Extended Management Board of the Swatch Group

Books

  • Beyond the saga Swatch: talks with an authentic contractor with Friedemann Bartu , Nicolas Hayek, 2006, ED. Albin Michel (ISBN 2-22-617079-0)

External bond

  • Account of its life

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