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Baselworld Owner Gets New Chief

Feb 17, 2019 5:55 AM   By Rapaport News
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 MCH Group has appointed Bernd Stadlwieser CEO, as the Baselworld parent company works to reinvigorate interest in its annual fair.

“[Stadlwieser] has a great deal of experience in sectors of industry that are of importance to us, as well as for taking forward the transformation process that has been launched,” MCH chairman Ulrich Vischer said last week.

A 20-year veteran of the watch and jewelry industries, Stadlwieser has previously served as group CEO of Mondaine Watch and Thomas Sabo.

MCH has been attempting to reignite the Baselworld show following the exit of several large exhibitors, including Swatch Group, Maurice Lacroix, Corum and Audemars Piguet.

The group has since made changes to its program, reducing exhibitor prices and negotiating cheaper deals with local hotels and restaurants. Most recently, it teamed up with Salon International de la Haute Horlogerie (SIHH) to synchronize show dates to allow exhibitors and visitors to attend both Swiss shows consecutively, starting in 2020.

“The MCH Group has a strong market position in a fascinating business segment that I am very familiar with from my work to date, and [from] my relations with Baselworld and Art Basel,” Stadlwieser said, referring to another show that MCH organizes. “The company is facing major challenges and opportunities. I have seen for myself that the necessary transformation and innovation process has already been launched, and that, together with the employees, key steps have been taken to realign the business for the future, ensuring that the MCH Group will emerge stronger than before.”

MCH has yet to determine Stadlwieser’s start date. Interim CEO Hans-Kristian Hoejsgaard will continue to run the company until he begins, the group noted.

Image: Bernd Stadlwieser. (MCH Group)
Tags: Art Basel, Audemars Piguet, Baselworld, Bernd Stadlwieser, corum, Hans-Kristian Hoejsgaard, Maurice Lacroix, MCH Group, Mondaine Watch, Rapaport News, Salon International de la Haute Horlogerie, SIHH, swatch group, Thomas sabo, Ulrich Vischer
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