The Swiss Times - Swiss News in English

Lonza brings in former Siegfried boss Wolfgang Wienand as new CEO

Lonza has filled the vacancy at the top of the Executive Committee. Wolfgang Wienand, the former Siegfried CEO, will become the new CEO from summer 2024, as Lonza announced on Tuesday.

He will leave Siegfried at the end of April after 14 years with the company, as the pharmaceutical supplier announced the same day. Siegfried CFO Reto Suter will lead the company ad interim from May.

Albert Baehny, the current head of ad-interim at Lonza, will step down from his position in the summer and leave the company, Lonza announced on Tuesday. Baehny has held the position since October 2023, when former CEO Pierre-Alain Ruffieux stepped down. The former Roche manager took over the reins at Lonza in November 2020.

At Lonza, the CEOs have been in and out of office over the past five years: Long-time CEO Richard Ridinger left at the beginning of 2019, Marc Funk only nine months later and Pierre-Alain Ruffieux stayed in office for just under three years. Chairman Baehny acted as interim solution twice.

©Keystone/SDA

Most Read

Huge Rain Falls in Certain Regions of Ticino

1 April 2024
Over 200 litres of rain and snow per square meter inundated Ticino and neighbouring areas during the Easter weekend.

Sunday, March 31 – Weekend Round-Up

31 March 2024
The top Swiss municipalities for cost of living, Switzerland's diplomatic approach on international issues, and the healthcare sector's challenges.

The Park Hyatt Zurich Has Been Sold

4 April 2024
Trinity Investments, Oaktree Capital Management, and UBS Asset Management acquire Park Hyatt Zurich.

Swiss Francs Will Lose Value Against The Euro This Year – BOA Analysis Claims

1 April 2024
US banks foresee the Swiss Franc reaching parity with the Euro this year, with further appreciation expected by 2025.

Stay in Touch!

Noteworthy

Barry Callebaut Beats Market Trends with Sales Increase
10 April 2024
Zug Leads Swiss Purchasing Power: GfK Study Insights
9 April 2024