Olaf Swantee, former CEO of Swiss telco Sunrise, has joined US financial investor Warburg Pincus as a “strategic advisor”.
Uwe Schiller, Senior Vice President Finance and Investor Relations at Sunrise, will become the Swiss telecommunications company’s new CFO with immediate effect.
Olaf Swantee, CEO of Swiss telecommunications company Sunrise, steps back and will be replaced by André Krause, currently CFO, with immediate effect.
After an in-depth examination, Swiss competition commission WEKO has decided to raise no objections against the acquisition of Liberty Global subsidiary UPC Switzerland by Sunrise and has approved the transaction.
Swiss telecommunications company Sunrise has agreed to acquire cable operator UPC Switzerland, a wholly-owned subsidiary of Liberty Global, for an enterprise value of CHF6.3 billion (€5.5 billion).
Sunrise Communications Group has announced that Karin Schmidt, Chief Human Resources Officer and Member of the Executive Leadership Team, has decided to leave the company to pursue new challenges.