U.S. investor Steven Wood renewed his campaign to overhaul the board of Swatch Group, publishing six proposals to amend the Swiss watchmaker's corporate governance, his firm GreenWood Investors said on Monday.

The proposals include allowing so-called bearer shareholders to elect three representatives to the board, said GreenWood, which says it holds about 0.5% of Swatch's share capital. The bearer shareholders hold a majority of the firm's share capital, but not of voting rights.

Wood has been pressing Swatch to focus more on its luxury brands such as Breguet and Blancpain in an attempt to turn around the fortunes of the Swiss company, whose shares have roughly halved in value since early 2023.

Unlike with earlier plans, GreenWood will not call an extraordinary meeting but seek a

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