Categories: Market

Fallen captains: What are former CS bosses doing today?

class = “sc-cffd1e67-0 iQNQmc”>

1/7
The last CS CEO, Axel Lehmann (64), had canceled the already guaranteed chairmanship of the CS board at Helvetia.
Dirk Schütz

It’s been a year since the historic CS debut, and it can be solemnly stated: It wasn’t a career booster. The last chairman, Axel Lehmann (64), had bypassed the already guaranteed chairmanship at Helvetia for the CS board.

He has no new role on the board but is still listed at two well-known addresses: At the IMD in Lausanne, he is listed as one of 31 “Directors in Residence” who “donate some of their time,” according to its website. ” to the executive training center.

The school he graduated from is St. Gallen appoints him as an adjunct professor because he worked as a lecturer there before joining CS. However, he is not currently teaching. You see him mostly at the Baur au Lac club in Zurich, and he also appears in small groups, telling his version of the collapse: It was the bankruptcy of Silicon Valley Bank in faraway California that broke CS’s neck. Own responsibility? Not on the contrary.

Urs Rohner became an advisor

According to those close to him, his predecessor Urs Rohner (64) has an explanation for why he is innocent in CS’s death; Ultimately, the board approved all decisions. But unlike Lehmann, he avoids the public.

After a two-year stay in tax-friendly Wilen SZ, he moved back to Zumikon’s converted home on the Gold Coast last year. Consulting firm Urs Rohner & Co. AG is currently registered at Seefeld in Zurich. He currently spends a lot of time in the more anonymous London. But his last major role there, a board seat at the multinational pharmaceutical company GlaxoSmithKline, ends in April.

More about the CS agreement
Where is he?
UBS demands correction of Comco report
Ueli Maurer about CS and Covid
“Is the state responsible for everything?”
After UBS made billions
Now savings are made and money is distributed to shareholders

Scandals make it difficult to serve on boards

Resocialization of managers was also difficult for the penultimate CS CEO, Thomas Gottstein (60). The fact that Finma is now taking enforcement action against him over Greensill makes his VR career almost impossible.

Advert

The golf enthusiast was at least able to compensate for his weight loss during the CS crisis. Like Rohner, he recently started running his own consulting firm in Seefeld, called Topago Advisory AG, bearing his own name: Thomas Patrick Gottstein.

Thiam wants to become president of Ivory Coast

The two foreigners at the top suffered the least damage. Short-term president António Horta-Osório, 60, commutes between Lisbon and London. His roster of posts is quite impressive: senior advisor to Italy’s Mediobanca and US private equity firm Cerberus, as well as mandates from beer billionaire Jorge Paolo Lemann and Portuguese companies Impresa and Bial.

And former CEO Tidjane Thiam, 61, is on a big mission: running for president of Ivory Coast. He resigned from French luxury group Kering. In London, he runs financial firm Freedom Acquisition, which is currently being sued over a SPAC by a former business partner.

He still makes occasional appearances in Switzerland, where he was accused of racism when he left: He is currently a member of the IOC in Lausanne.

Advert
external content
Would you like to see this additional content (Tweet, Instagram, etc.)? If you agree to the setting of cookies and the transmission of data to external providers, you can allow all cookies and view external content directly.

Source :Blick

Share
Published by
Tim

Recent Posts

Terror suspect Chechen ‘hanged himself’ in Russian custody Egyptian President al-Sisi has been sworn in for a third term

On the same day of the terrorist attack on the Krokus City Hall in Moscow,…

1 year ago

Locals demand tourist tax for Tenerife: “Like a cancer consuming the island”

class="sc-cffd1e67-0 iQNQmc">1/4Residents of Tenerife have had enough of noisy and dirty tourists.It's too loud, the…

1 year ago

Agreement reached: this is how much Tuchel will receive for his departure from Bayern

class="sc-cffd1e67-0 iQNQmc">1/7Packing his things in Munich in the summer: Thomas Tuchel.After just over a year,…

1 year ago

Worst earthquake in 25 years in Taiwan +++ Number of deaths increased Is Russia running out of tanks? Now ‘Chinese coffins’ are used

At least seven people have been killed and 57 injured in severe earthquakes in the…

1 year ago

Now the moon should also have its own time (and its own clocks). These 11 photos and videos show just how intense the Taiwan earthquake was

The American space agency NASA would establish a uniform lunar time on behalf of the…

1 year ago

This is how the Swiss experienced the earthquake in Taiwan: “I saw a crack in the wall”

class="sc-cffd1e67-0 iQNQmc">1/8Bode Obwegeser was surprised by the earthquake while he was sleeping. “It was a…

1 year ago