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Yahoo boss gets the boot, via phone

GenevaLunch News GENEVA, SWITZERLAND – Carol Bartz, the woman who promised to turn around Yahoo after replacing founder Jerry Yang as CEO in 2008, has been fired, apparently for failing to live up to...

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Steve Jobs, founder of Apple, dies

GenevaLunch News GENEVA, SWITZERLAND – Steve Jobs, co-founder of Apple, died Wednesday, age 56. The news was announced by Apple in a brief tribute on the company’s home page: “Apple has lost a...

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UBS gets new boss, Credit Suisse gets Moody’s warning

GenevaLunch News ZURICH, SWITZERLAND – UBS will have a new boss: Sergio Ermotti, 51, who has been the ad interim chief executive of Switzerland’s largest bank since 24 September, has been named to the...

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Strikes and protests in Geneva area: Hug calls for calm, Novartis boss visits

GenevaLunch News GENEVA, SWITZERLAND – The Hug university hospitals in Geneva late Friday pleaded for everyone involved in its lab workers strike to get the situation back to normal, in the wake of the...

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Ricola boss commits suicide

GenevaLunch News BASEL, SWITZERLAND – Adrian Kohler, 53, chief executive of Ricola, the Swiss herbal sweets company, committed suicide Thursday 24 November, the company announced Friday. He sent a...

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WWF Switzerland gets ex-corporate man as new leader

GenevaLunch News BERN, SWITZERLAND – WWF Switzerland will have Thomas Vellacott, 41, as its chief executive officer in mid-May 2012, when Hans-Peter Fricker retires. Vellacott won out over nearly 300...

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Jaton named new head of Montreux Jazz Festival

GenevaLunch News Series of memorial events for Claude Nobs announced by MJF board MONTREUX, SWITZERLAND – Mathieu Jaton was named the new general director/chief executive of the Montreux Jazz Festival...

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Vasella leaving Novartis after 17 yrs, ex-no. 2 brought in

GenevaLunch News Company expects 2013 to solidly match 2012 despite generics fight BASEL, SWITZERLAND – Daniel Vasella, who has led Novartis for 17 years to its position today as Europe’s largest...

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Credit Suisse’s Dougan gets CHF2m more, bank sets aside

GenevaLunch News ZURICH, SWITZERLAND – Brady Dougan isn’t the person who sets his pay, as chief executive officer and not chairman of the board of Credit Suisse. But his 34 percent increased...

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Former UK foreign secretary Miliband leaves politics

GenevaLunch News GENEVA, SWITZERLAND – David Miliband, former British foreign secretary and brother of Labour leader Ed Miliband, is stepping down as a member of Parliament in order to head a US-based...

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