Mr. Markus Spreng, currently General Manager of SID Sokymat IDent Component GmbH, will continue to head operations for the new Swatch Group subsidiary in Reichshof-Wehnrath as General Manager. Mr. Herbert Thyssen, General Manager of Sokymat SA in Switzerland, will become a member of the Board of Directors of SID Sokymat IDent Component GmbH, and will support the activities of SID Sokymat on an assignment basis.