Heritage
Patek Philippe, a Geneva family company
How a Polish émigré and a French watchmaker founded a house in Geneva, and how the Stern family has run it since 1932.
In 1839 Antoine Norbert de Patek, a Polish émigré living in Geneva, and the watchmaker François Czapek founded Patek, Czapek & Cie to make fine pocket watches. A few years later the French watchmaker Jean Adrien Philippe won a bronze medal at the 1844 Industrial Exposition in Paris for a system that wound and set a watch through the crown instead of with a key. He patented it in 1845, and by 1851 the business was called Patek, Philippe & Cie.
In 1868 the company made the first Swiss wristwatch, for Countess Koscowicz of Hungary. During the Depression, in 1932, the brothers Jean and Charles Henri Stern, who supplied its dials, invested in the company. The same year saw the first Calatrava, Reference 96, and in 1933 Patek Philippe completed a supercomplication pocket watch for the American banker Henry Graves Jr.
The Stern family still owns and runs the company. In 1996 it moved production to a new manufacture in Plan-les-Ouates, on the edge of Geneva, and Thierry Stern, the fourth generation of the family to lead it, has been president since 2009. Patek Philippe remains independent and makes its watches in Geneva.
Timeline
1839
Patek, Czapek & Cie founded in Geneva
1845
Philippe patents keyless winding
1851
The name becomes Patek, Philippe & Cie
1868
The first Swiss wristwatch
1932
The Stern brothers invest; the first Calatrava
1933
The Graves supercomplication
1996
New manufacture in Plan-les-Ouates
2009
Thierry Stern becomes president
Patek Philippe is No. 31 in the Swiss Lions 100.


