BREAKING NEWS: Cygnett Chairman & Owner Killed
Tim Swann the Chairman and major shareholder of accessories Company Cygnett has died in a weekend motor bike accident on his property South of Melbourne.
The father of three children under ten was apparently riding a bike when he went to jump a hill and came off, according to Company sources.
Brother and sister team Tim and Sophie Swann established Cygnett in 2003.
Today, Cygnett products are sold in over 200,000 retail outlets through 42 countries.
Tim was the son of David Swann, the founder of Melbourne based Swann Communications.
For 10 years, between January 1995 and 2005, he was the Managing Director Swann Communications USA.
At this stage Cygnett have not issued a formal statement.