Ringier: "No bad feelings" about Unger's departure
The sudden and immediate change in Ringier’s leadership, along with the terse press release that makes no mention of Christian Unger, suggests that the German CEO’s departure was not entirely amicable.
Ringier spokesman Edi Estermann tried to smooth the waters as best he could. In response to an inquiry from Werbewoche, he spoke of a "completely normal departure" and said that the communiqué was merely the "final announcement. In any case, Christian Unger's departure was on good terms. "No bad feelings," Estermann said literally. There were also no differences between the CEO and the publisher in terms of corporate strategy and the implementation of goals. For Michael Ringier, Unger's departure was in any case not all that surprising, the spokesman said, but he could not or would not say when the publisher had first been informed by Unger of his departure from Ringier.
It would be "wrong" if the media release, which was "deliberately brief and sec", gave the impression that Unger's separation from Ringier was accompanied by discord. "It was the publisher's wish that there should be no fuss about this departure," said Estermann.
"No big fuss" and deliberately before Easter
Unger is also leaving on his own initiative, Estermann emphasized. The former CEO had expanded Ringier's business in Eastern Europe and also provided some impetus in the Far East. With these few words, Estermann tried to make up for what had been omitted from the communiqué - a brief tribute to Unger. Estermann also added that there would definitely be a farewell to Unger within Ringier.
The fact that the change would be communicated 14 days before Ringier's annual media conference (and shortly before the Easter holidays) had been chosen by the Ringier/Unger/Walder trio. Unger would vacate his office in the week after Easter and successively also step down from all board mandates at Ringier, and Marc Walder would already present the annual report at the press conference as the new CEO of the entire Ringier company. At the same time, however, Walder will remain CEO of Ringier Switzerland and Germany, he said. "We are not looking for a successor for this area," Estermann said.
By the way: Michael Ringier himself was not available in his office on Thursday. Christian Unger, on the other hand, was at his workplace. "But he's not available," his secretary confirmed. He also did not respond to e-mails.
Underwhelmed with Ringier's Far East business?
There are indications that Unger received a new, more interesting job offer at short notice. Was he actively looking around because he was dissatisfied - or more precisely, underchallenged - in his current job? One thing is clear: He did not have many tasks in Ringier's core business in Switzerland and Germany; Marc Walder was already responsible for this. And he also had less and less to do with the Eastern European business since Florian Fels took over as CEO of the joint venture Ringier Axel Springer Media - a man Unger had brought in himself. So "only" the activities in China and Vietnam remained for Unger - possibly "peanuts" for the busy manager. The fact that the new CEO Marc Walder is now responsible for the Far East and the Group as a whole, while at the same time remaining in charge of Switzerland and Germany, points in this direction. In addition, the chemistry between the publisher and Walder is probably better than between Ringier and Unger. At least, that's what the meager communiqué suggests, which contains more words about Walder than about the previous CEO.
Markus Knöpfli
