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Why the top managers often come across love stories – SonntagsZeitung

It also. The love story of retired Raiffeisen boss Patrick Gisel with the former member of the group's governing council triggers an incredible shake of the head in the economy. This is the last anecdote in a series of inconveniences that the former chief of the third largest Swiss bank has done in recent months. Gisel first read about his relationship with his foster foster father Pierino Vincenzo. Then, too late, he realized he had become unsustainable about the scandal surrounding Raiffeisen Bank. And now he's doing a love affair with a former member of the supervisory board. Although Laurence de la Serna resigned at Raiffeisen's administration in mid-June. But how long the relationship lasted unclear. Gisel seems too late to put the cards on the table.

He is not the only one who risks his head and neck for love. Only in June Brian Krzanich, the chipmaker of Intel's US chip maker, left the place because he had a relationship with his associate. The same fate was last year's Priceline's head Darren Huston. In the US, the rule of non-repudiation is stricter than here. And in Switzerland, business leaders are involved in love stories in their own company.

Other bills apply to the bosses

Some are open to the company, and others are even institutionalized: for example, husband Pierin Vincenz ran the legal service of Raiffeisen. Dominique Biedermann, former chairman of the investment fund Ethos, also worked with his wife in the same company. Both were later criticized – right. Although the workplace is one of the most common places, couples get to know each other. However, for executive directors, other laws apply. They are well paid. And they have to make limits: for example, not engaging in business in the business because they lead to conflicts of interest.

Patrik Gisel's case is most obvious: the seat of a member of the Supervisory Board is a deathly sin. "Relationships to dependence are non-go," says Matthias Mölleney, head of the Human Resource Management Center and head of the Faculty of Economics in Zurich. Mölleney has been tracking such sensitive cases during his career as a manager of large corporate affairs. He remembers the same pattern of behavior among managers when faced with afer. "In the third step, executives are convinced that they are able to separate their professional role and private love story and have everything under control." However, in practice, there is only one solution: one of the two sides involved They are looking for a job where there is no subordinate relationship – and fast.

"Affair is sometimes seen as part of power"

Since bosses fear such consequences, they usually try to keep the affair underneath the lid instead of immediately discovering it would be right. They often feel supported by business entrepreneurship, which discreetly deals with understanding matters. "Closed Circuit where executive directors promote such behavior, sometimes things are seen as part of power," says Bernhard Bauhofer, a reputation management expert. In the age of transparency, it's harder to keep a secret love story.

In addition: Shareholders and public days CEOs today morally much more stringent than before. For example, the share of executives who have been dismissed for ethical reasons has increased considerably both globally and in Europe. This has been shown by the consulting giant PWC study. For international management consultant and author Sonja A. Buholzer, it is clear: "If there are no humble humble senior managers, their personal standards are set against themselves. Therefore, the only right is to make the company more and more measurable if their executives operate with integrity. "

(Sunday newspaper)

Created on: 10.11.2018, 21:26

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