The Swiss stock exchange operator named a new chief executive as successor for Christian Katz, who departed half a year ago. The new CEO is a stock exchange veteran.
SIX named Christoph Landis CEO of the stock exchange division and member of the group's executive board, the company said in a statement on Thursday.
«With Christoph Landis we have a division CEO who is experienced and has strong leadership qualities, who is highly familiar with the stock exchange business, and who has made a crucial contribution to the successful positioning and development of SIX Swiss Exchange,» said Urs Ruegsegger, group CEO of Six.
Departure Following Dispute
With the appointment, SIX managed to fill the vacancy at an important position in the Swiss financial market. Christian Katz abruptly left the job in April due to a dispute about the strategy of the stock exchange division, which Katz successfully positioned on the European market.
Katz' departure stunned the community not least because the head of payment services, Niklaus Santschi, downed his tools ten days earlier.
Veteran of 23 Years
Ruegsegger in April replaced Katz ad interim with Christoph Landis, the then deputy. This appointment has now been made permanent and the 56-year-old Landis has now been confirmed by the board.
Landis has been at the Swiss stock exchange for 23 years and was appointed to the executive board of SIX Swiss Exchange (formerly known as SWX) in 2003. Starting in 2010, Landis was in charge of operations and as of 2012 he acted as deputy CEO.
