Swatch activist lambasts Omega owner’s ‘worst-in-class’ governance
Steven Wood pushes for board overhaul after giving up hope of constructive relations with controlling Hayek family
Steven Wood pushes for board overhaul after giving up hope of constructive relations with controlling Hayek family

Watchmaker’s controlling shareholders use dominant voting stake to block Steven Wood’s fresh bid to win seat

Fresh push by shareholder activist raises debate over board

Co-chief appointed to quell dispute quietly resigned last month citing ‘ongoing governance challenges’

Move could consolidate power for co-chairs including BlackRock CEO Larry Fink

Decline driven by fall in environmental and social initiatives amid backlash against activist campaigns

A legal fight revealed the disgraced financier’s thinking — and fresh allegations of misconduct