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CEO Olaf Swantee leaves Sunrise

January 3, 2020 10.39 Europe/London By Jörn Krieger

Olaf Swantee, CEO of Swiss telecommunications company Sunrise, steps back and will be replaced by André Krause, currently CFO, with immediate effect.

No details were given on the reason for the resignation, but it is likely that the failed takeover of cable operator UPC Switzerland from Liberty Global played a role in the decision. Swantee will support Krause until the annual general meeting in April 2020 to ensure a smooth leadership transition.

Furthermore, Peter Kurer and Peter Schöpfer have decided not to stand for re-election as chairman and vice-chairman of the company at the 2020 annual general meeting.

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Filed Under: Cable, Editor's Choice, Finance, Newsline, People Tagged With: André Krause, Liberty Global, Olaf Swantee, Peter Kurer, Peter Schöpfer, Sunrise, UPC Switzerland Edited: 7 January 2020 11:58

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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