Change in the Board of Directors of Le Temps: Walder replaces Garelli
Professor Stéphane Garelli has decided to step down as Chairman of the Board of Directors of the French-speaking Swiss daily newspaper Le Temps after more than 15 years. He will be succeeded by Ringier CEO Marc Walder.
Ringier CEO Marc Walder (left) will join the Board of Directors of Le Temps as Chairman next month. Stéphane Garelli (right) will retain his shareholding of around 3 percent in Le Temps and will continue to work as a columnist for the reference daily newspaper.
Stéphane Garelli is Professor Emeritus of Competitiveness at IMD and the University of Lausanne. He is the founder of the "World Competitiveness Center". In addition to his academic activities, Stéphane Garelli is also very familiar with the business world: among other things, he was Managing Director of the World Economic Forum and the annual event in Davos, Chairman of the Board of Directors of Sandoz FF Holding and has chaired the Board of Directors of Le Temps since 2002.
Stéphane Garelli in a press release: "After 15 years as Chairman of the Board of Directors and shortly before the 20th anniversary of Le Temps, I would like to hand over this important task to new hands. I am delighted that Marc Walder is taking over from me and I am convinced that he will ensure that Le Temps remains the reference medium in French-speaking Switzerland. I would like to thank all current and former employees for making Le Temps such a success and one of the few Swiss newspapers that is also well-known abroad."
