• Switzerland edition
 
CEO's suicide jolts largest Swiss telecom
Carsten Schloter. Photo: Swisscom

CEO's suicide jolts largest Swiss telecom

Published: 23 Jul 2013 17:02 GMT+02:00

"Swisscom is in mourning following the death of its CEO Carsten Schloter," the company said in a statement, adding that the 49-year-old German national was found dead at his home in central Switzerland on Tuesday morning.

"The police are assuming it was a case of suicide," Swisscom said.

"An investigation into the exact circumstances is under way."
   
The company said the current head of Swisscom Switzerland, Urs Schaeppi, would take over the CEO chair temporarily.
   
"The board of directors, group executive board and the entire workforce are deeply saddened and pass on their condolences to the family and relatives," board chairman Hansueli Loosli said in the statement.
   
Schloter, who is reportedly the separated father of three, joined Swisscom in 2000 as head of its mobile phone unit, and took over the helm of the company six years later.
   
Before Swisscom, he held various positions at Mercedes-Benz France and debitel.

Schloter's death was greeted with shock and consternation in Swiss business and political circles.

Doris Leuthard, Swiss communications minister, paid tribute to Schloter, saying he had successfully positioned Swisscom "in a highly competitive and rapidly changing market".

Peter Grütter, president of the Swiss telecom association, told the SDA news agency he was shocked when he learned the news.

"In my experience Carsten Schloter was a dynamic person," Grütter said, adding that the Swisscom chief was "direct, open and friendly". 

Schloter was credited with promoting the modernization of telecommunications infrastructure in Switzerland.

AFP/The Local (news@thelocal.ch)

Your comments about this article

Today's headlines
Napoleon's locks to be put in Geneva watches
Detail of portrait of Napoleon by painter Jacques-Louis David (1812).

Napoleon's locks to be put in Geneva watches

Napoleon's admirers will be able to carry his DNA on their wrists after a Swiss company announced Tuesday its plans to sell watches containing a fragment of the emperor's hair. READ  

HSBC Swiss unit fined for unregistered US biz
Photo: AFP/File

HSBC Swiss unit fined for unregistered US biz

A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services, the Securities and Exchange Commission announced on Tuesday. READ  

Cuban Ebola patient in Geneva 'improving'
Jérôme Pugin (left), chief medical officer of the intensive care unit at the Geneva University Hospital (HUG) next to HUG General Director Bertrand Levrat. Photo: Fabrice Coffrini/AFP

Cuban Ebola patient in Geneva 'improving'

A Cuban doctor infected with the deadly Ebola virus in Sierra Leone is improving after treatment with experimental drugs, the Geneva hospital where he is being treated said on Tuesday. READ  

Activists call for ban on eating cats and dogs
Some Swiss dogs are spared the threat of becoming dinner. Photo: AFP

Activists call for ban on eating cats and dogs

Hundreds of thousands of Swiss eat cats and dogs, according to an animal rights group that has demanded the government make it illegal for man to bite dog. READ  

Opinion
Why the Swiss central bank needs more gold
Photo: AFP/File

Why the Swiss central bank needs more gold

Eric Schreiber, an independent asset manager based near Morges in the canton of Vaud, argues why Swiss voters should say "yes" to a referendum initiative that calls on the Swiss National Bank to hold more gold. READ  

Federer to face Hewitt in new tennis format
Federer and Hewitt together at a tournament in Shanghai in 2012. Photo: Peter Parks/AFP

Federer to face Hewitt in new tennis format

Roger Federer and Lleyton Hewitt will clash in a new shortened, faster form of the game ahead of the Australian Open that organizers on Tuesday said they hope will revolutionize tennis. READ  

National ban sought for late-night booze shops
Photo: AFP/File

National ban sought for late-night booze shops

Politicians in Bern want to shut down takeaway and convenience shops across the country that sell booze late at night. READ  

'Sex boxes' eyed to control Basel prostitutes
Photo: City of Zurich

'Sex boxes' eyed to control Basel prostitutes

Basel could be ready to follow in the footsteps of Zurich by establishing “sex boxes”, a drive-in zone for clients to meet prostitutes. READ  

Federer legend grows with Davis Cup win
Federer poses for a selfie with supporters in Lausanne. Photo: Fabrice Coffrini/AFP

Federer legend grows with Davis Cup win

It's taken him 16 years as a pro, but Roger Federer finally has won all there is to win in tennis — well almost. READ  

Davis Cup tennis finals
Fans give Davis Cup heroes rousing reception
Swiss Davis Cup team captain Severin Luethi hoists the Davis Cup as confetti rains down during Lausanne ceremony. Photo: Fabrice Coffrini/AFP

Fans give Davis Cup heroes rousing reception

Switzerland’s tennis team received a heroes' welcome in Lausanne on Monday upon their return from Lille, France after winning the country’s first Davis Cup title. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
National
Switzerland's Christmas market season gets into full swing
Business & Money
University of Zurich study finds 'banker's oath' could spur honesty
Sponsored Article
Exclusive offer: Try out home exchange
National
Swiss National Bank chief calls proposal to boost gold reserves 'fatal'
National
Mudslides kill four people in Ticino and neighbouring Italy
Culture
British X Factor star seeks internet support for Swiss Eurovision place
National
Court overturns ban by backing right for schoolgirl to wear scarf
National
Swiss ranking for English skills worsens among non-Anglo countries
Culture
Swiss model and French TV star Nabilla held for 'attempted murder'
Travel
Switzerland's Zermatt voted best ski resort in the Alps by skiers
Sport
VIDEO: FC Zurich claims crime after 'vicious' tackle hospitalizes player
Tech
Federal government announces new '.swiss' internet domain name
National
Zany emergency: Basel firefighters rescue ass stuck in manhole
Business & Money
American jury clears former UBS top executive of tax fraud
International
Switzerland ranks second to Norway in global 'prosperity' index
National
Financial regulator bans former Coop Bank CEO for three years
International
Switzerland slips in World Economic Forum's gender equality rankings
National
Job candidates unhappy with hiring process in Switzerland
National
Glacier 3000 opens new foot bridge spanning two mountains in Vaud
National
Swiss seek special Unesco heritage listing for yodelling and watchmaking
International
Switzerland regarded as best place in world for expats: global survey
National
Red faces at Migros over Hitler and Mussolini coffee cream pots
National
Quarter of workers in Switzerland 'stressed out': new survey
Travel
Lonely Planet ranks Zermatt among top places to visit in 2015
National
Majority of Swiss back proposed new immigration curbs: poll
Features
Eritrean asylum seekers find refuge in Swiss monastery town
National
Expat American professor disputes 'unjust' Swiss citizenship rejection
National
Sputtering eurozone drags down Swiss economic growth forecast
Features
Swiss-based English expat writer lauds immigrant 'brains and brawn'
International
Our survey: Switzerland third priciest for food and drink from back home
National
Zurich market gardener sets world 'record' for heaviest pumpkin
National
Report: Switzerland's residents richer than before economic crash
Features
Geneva lab sleuths use high tech to help art world uncover fakes
National
Father of Scot missing since early September fears Swiss trauma
National
Foreign women give birth to rising share of newborns: latest figures
National
'Giant's penis' bloom in Basel uni botanical garden bigger than ever
National
Switzerland's voters reject public health insurance proposal
National
Zooming foreign immigration continues to boost Swiss population
National
Scientific study rings alarm over wellbeing of Swiss cows with bells
National
Geneva MP seeks ban on charging for tap water in restaurants
Business & Money
Switzerland's residents top world financial wealth list: Allianz report
National
Saint Maurice abbey in Valais celebrates 1,500 years of history
National
Streaming movie video service Netflix arrives in Switzerland
National
Professional Chilean base jumper dives to death in Swiss Alps
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

1,991
jobs available
The Local Spain is hiring!
The Local is seeking a new editor for our site in Spain to join our growing team of internationally-minded, driven, ambitious and clued-up journalists.
Details and how to apply