Talacker 41, 8001 Zurich, Switzerland, Phone: +41 43 443 72 00, Fax: +41 43 497 22 70, [email protected], www.amcham.ch, October 2020 / No. 400

Last quarter of a very special year: What is ahead? The latest events (more pictures on pages 4/5) Dear members and friends 2020 started with a boom and had a strongly positive outlook. 20/20 vision is the perfect vision, after all! But as we all know, the year turned out differently. The Swiss-American business relationship had a roaring start. After Q4, 2019, the first quarter of 2020 again saw the US market #1 for Swiss exports, ahead of the German market! Exports to the US grew CHF 974 mio, four times the growth to the EU, while exports to the BRIC countries posted a negative growth of CHF 470 mio. Again, the exports to the USA proved to be the locomotive of the Swiss export industry. As we all know, Q2 Lugano, Annual Dinner, September 17: Franco Polloni Zurich, September 29: J. Erik Fyrwald, saw exports to the US crashing down 22% (EFG Bank / former Ticino Chapter Board Chairman), CEO, Syngenta Group and Board due to the Covid crisis in general and logistics Silvio Napoli (Schindler Holding / Swiss Amcham Member Swiss Amcham [MS] problems as a specific issue. But in the last Chairman), Demis Stucki (EFG Bank / Ticino Chapter months, progress came much faster than Board Chairman) expected and in August, the US market was again the top export market for Switzerland. The Swiss-US Business relationship has everything to flourish in the future. A “Hot Fall” Ahead! In the USA, multiple crises unfold. Economy, In the coming months, our members, all active in international business, will come under pandemic, protests against police violence increased pressure. In Switzerland, after the successful result of the Limitation Initia- and racism, China-US tensions and congres- tive, we are facing new hurdles: the very dogmatic Corporate Responsibility Initiative, sional paralysis over Covid aid package looming issues with the EU (data equivalency, multilateral recognition agreements, are eagerly followed by the whole world, participation in the Erasmus and Horizon programs, energy and health agreements and in many places with much glee. The situa- the Framework Agreement) and reform of corporate taxes in response to the OECD tion is overshadowed by a messy and loud efforts will challenge the operations of our members. On top, parliamentary initiatives election campaign, epitomized by a chaotic under the innocently sounding motto of “making companies more resilient” will push school-yard brawl named “first Presidential age-old dreams of redistribution, green economy and renationalization, targeting debate” with each side playing exclusively salaries, boni, dividends, share buybacks, corporate taxes, additional environmental to their own constituency. But beneath gun fees, special regulations of all kind, protectionism in many sectors and many other smoke and fog, we discover first signs of unappealing measures. In the USA, depending on the election outcome, we might see progress. The economy is rebounding well, the Covid curve nicely trends down, there increased hurdles to the free movement of goods, services, people and investment, or were fewer riots in the main cities and the alternatively much higher fiscal charges and restricted freedom of operations. election period will be behind us soon. The The post-Covid times will be a treacherous environment. Swiss Amcham will be ready House of Representative will likely remain to inform on such matters, to gather the members to act in their best common interest under Democratic control. Majority in the and to directly influence politicians and the government, and to work with the media. Senate can go either way. And the race to For these tasks, we need the support of all companies concerned, more than ever. the White House is far from decided. But in You will hopefully remain a part of this group, jointly financing these very important spite of the alarmist press, I expect regular tasks. Swiss Amcham needs you – you need Swiss Amcham! settlement of the election results – albeit with more noise than in other years. And life will Thank you for your kind consideration and your continued support. go on. For more details, please tune in to Swiss TV on Wednesday November 4 from 06:00 to 10:00 where I will comment on the results of the US election (SF1). In Switzerland, we will experience a fall that Swiss Amcham’s favorite carrier will not be as noisy as in the USA, but just as interesting and trendsetting for the future. See article on the right. The Chinese proverb “May you live in interest- ing times” is normally hurled at the enemy, but I would propose to take this proverb Content positively and “enjoy an interesting time”. Business News from the United States. ...2 The Chamber & You...... 6/7 Martin Naville Business News from Switzerland...... 3 Masthead ...... 7 CEO Chamber Events...... 4/5 Chamber Events Plan ...... 8 ★★★★★★ ★★★★★ ★★★★★★ ★★★★★ ★★★★★★ ★★★★★ ★★★★★★ ★★★★★ ★★★★★★ Business News from the United States

Investors brace for months pects going forward, according to a survey current account deficit, which measures the of big market swings released by the New York Federal Reserve flow of goods, services and investments Investors are bracing for an extended pe- in the second half of September. Some into and out of the country, jumped 52.9% riod of market volatility as worries over a 10.5% of consumers surveyed said they to USD 170.5 billion last quarter. That was potential resurgence of coronavirus cases had become unemployed between March the highest level since the third quarter of and political uncertainty loom. Market par- and July of this year, up from 2.8% in July 2008. Data for the first quarter was revised ticipants are not expecting the turbulence to 2019 and reaching a series high for the higher to show a USD 111.5 billion shortfall, die down any time soon. VIX futures show survey, which started in March 2014. The instead of USD 104.2 billion as previously that investors are betting that market swings average expected likelihood of becoming reported. Economists had forecast the cur- will persist beyond the November 3 U.S. unemployed also rose to 3.7% in July from rent account gap increasing to USD 157.9 presidential election and into December, 2% a year earlier. Consumers also faced billion in the April-June quarter. reflecting worries about the possibility of more challenges finding new jobs. The share a contested election and concerns that a of people who changed employers dropped U.S. consumer sentiment improves deeply divided government will fail to agree to 4.4% in July from 6.2% a year earlier. in early September on providing more fiscal stimulus to support U.S. consumer sentiment improved in early the U.S. economy. Other possible stumbling U.S. corporate board gender September, according to a survey, which blocks for U.S. stocks include re-escalating diversity lags also showed the upcoming November tensions between the United States and Publicly traded U.S. companies have been presidential election was starting to have China, as well as a potential increase of slow to add minority directors over the past an impact on expectations about future global coronavirus cases that could once five years even as women grabbed a greater economic prospects. The University of again lead to broad economic shutdowns. share of board seats during that period, a Michigan said its consumer sentiment index comprehensive study released in late Sep- rose to 78.9 in the first half of September Federal Reserve starts effort tember shows. Across the Russell 3000, a from a final reading of 74.1 in August. to update bank fair lending rules broad index of U.S. companies, 29% now Economists had forecast the index edging In late September, the Federal Reserve have two or more ethnically diverse direc- up to a reading of 75. kicked off its own effort to update community tors, 7 percentage points more than in 2016, lending standards for banks. The move by according to the new data from Institutional U.S. passenger airline traffic rising, the central bank to solicit input on potential Shareholder Services. By contrast 66% of but still down sharply over 2019 rule changes for the Community Reinvest- those boards now have 2 or more women, U.S. passenger airline traffic continues to ment Act comes after other U.S. bank 27 percentage points more than in 2016. rebound over historic lows after the coro- regulators already put forward separate rule The few minorities who become corporate navirus pandemic, but is still down sharply updates. The Fed is soliciting feedback on directors are then in demand, with 30% of over 2019 levels. The U.S. Transportation how to update the rules to ensure lower- the 817 individual black directors within Department said airlines carried 21.4 million income communities are still supported by the index serving on more than one board, passengers in July, up from 16.5 million in banks while reflecting the ways technology compared to a rate of 19% for the 17,810 June, but still down 73% over July 2019 has changed banking in recent years. The white directors counted for the study. Top levels. proposed rules would expand the act and asset managers have previously focused more of their diversity efforts on gender, not clarify the aspects of the act that support Citigroup’s Fraser to be first woman race, although that has begun to change. minority depository institutions, community CEO of Wall Street bank development financial institutions, women- Minority business leaders have long urged Citigroup named consumer banking head owned financial institutions and low-income boards to seek candidates from nontradi- Jane Fraser as its next chief executive, mak- credit unions. tional backgrounds. ing her the first woman to lead a major Wall Street bank. Fraser has been a rising star Americans grew more pessimistic U.S. current account deficit surges 52.9% in second quarter in the financial industry, with a career that about job prospects amid pandemic spans investment banking, wealth mana- Americans faced a tougher labor market The U.S. current account deficit soared to its gement, troubled mortgage workouts and in early summer as more people lost jobs highest level in nearly 12 years in the second strategy in Latin America, a key geography during the pandemic and became more quarter as the Covid19 pandemic weighed for Citigroup. She will take the reins from pessimistic about their employment pros- on the exports of goods and services. Ac- CEO Michael Corbat in February 2021. cording to the Commerce Department, the

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Study: No wave of Covid’s severe impact on The eponymously named capital of Zug coronavirus bankruptcies so far Zurich airport’s operations has accepted Bitcoin for government ser- According to a survey by the Swiss associa- Switzerland’s largest international airport vices since 2016, but only up to a value of tion of creditors Creditreform, government posted a loss of CHF 27.5 million for the CHF 200. According to the canton’s finance credits and employment support measures first six months of 2020. This compares director, Heinz Tännler, as the home of have helped stave off a wave of bankrupt- to a profit of CHF 143.4 million in the first the Crypto Valley, it is important to further cies, but they could rise over the longer term. half of 2019. In the first six months of 2020, promote and simplify the use of crypto cur- Between January and August 2020, which 5.3 million passengers used Zurich airport, rencies in everyday life. Both companies includes the lockdown period, 2,800 firms a decrease of 64.3% compared with the and private individuals will be able to use in Switzerland declared bankruptcy. This is same period in 2019. The number of flight either Bitcoin or Ether for payments up to actually 621 fewer than in the same period movements went down by 55.5% between CHF 100,000. last year. The study puts this down to govern- January and June 2020. The airport stayed ment support measures such as emergency open during the spring - the height of the Red Cross to cut interest free loans for companies hit by the pandemic when Switzerland went into almost 100 posts in Geneva crisis and employment support such as short nationwide lockdown and air traffic was The Swiss-run International Committee of time working subsidies. But the study also almost at a standstill - to accommodate air the Red Cross (ICRC) will cut 95 posts owing warns of a possible rise in bankruptcies over freight, repatriation and ambulance flights, to financial pressures linked to the Covid19 the longer term amid a tougher economic alongside a few passenger flights. pandemic. The deficit is expected to be climate. In mid-September, government ex- CHF 130 million for 2020, ICRC announced perts at the Swiss Secretariat for Economic Swiss private banks brace in mid-September. Cost cutting measures Affairs forecasted GDP to fall by 5% this for coronavirus impact of CHF 25 million are being planned. Jobs year. This was slightly revised downwards The Swiss private banking sector saw a are at risk - the organization employs more from a previous forecast of -6.2%. resurgence in fortunes last year but faces an than 20,000 people worldwide. In total, uncertain future as the Covid19 pandemic there should be around 60 redundancies, Swiss law reforms make continues to play havoc with financial mar- taking into account retirements and other crypto respectable kets. Favourable market conditions in 2019 factors among the 95 posts concerned, the Parliamentarians in the Senate rapidly allowed the 84 banks surveyed by KPMG organization said. passed a wide-ranging set of financial and to grow client assets by 14%, according corporate law reforms in September. The so- to a recently published report by the audit Switzerland is everywhere called “Blockchain Act” had sailed through firm. The situation so far this year is proving in space research the House of Representatives unopposed hard to judge. While the report suggests that Whether it is on Mars with the Europeans, in the summer session, meaning the law some banks have leveraged the Swiss safe the Americans or the Chinese, on the Moon will likely come into effect early next year. haven status to attract new funds, others with the Russians, on satellites orbiting Ju- The legislation could open the doors not are clearly struggling as clients bailed out piter, on comets or peering into the infinite, just to decentralised finance but also to the of investments. KPMG predicts that private Swiss technology is everywhere in space. creation of digital company shares and a banks will struggle to attract new clients for A new report by the Academy of Natural range of other tradeable assets. Several the rest of the year as travel restrictions Science sums this all up. It highlights 60 existing laws have been updated, ranging continue to hinder the all-important face-to- instruments deployed to 50 different space from company bankruptcy to securities trad- face meetings usually required to persuade missions. Of those 50 missions, a good ing. Neighboring Liechtenstein has already people to open new accounts. third are chartered by the European Space enacted extensive blockchain legislation, Agency (ESA). This makes sense as Swit- but it chose to create new laws rather than “Crypto Valley” canton to accept zerland is a founding member of ESA and amend the current code. The growing Bitcoin for tax payments contributes some CHF 170 million a year Swiss blockchain industry has welcomed Canton Zug, the heart of Switzerland’s to the EUR 4.7 billion budget. Switzerland the legislation. Heinz Tännler, President “Crypto Valley”, says it will accept Bitcoin or also contributes to nine NASA (U.S.), three of the Swiss Blockchain Federation said Ether as tax payments from February 2021. Roscosmos (Russian), two JAXA (Japa- that as of next year, Switzerland will have The move will make it the first Swiss Canton nese) and five CNSA (Chinese) missions, a regulatory framework that is among the to accept payment with cryptocurrencies. as well as various international consortiums. most advanced in the world.

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3 Chamber Events

Andreas Müller (Georg Fischer), Lars van der Haegen (Belimo Holding), Heinz O. Kiyan Nouchirvani (IMD), Bruno Wirz (IMD) (1) Baumgartner (Schweiter Technologies), Thomas Ebinger (PwC), Matthias P. Huenerwadel (Zehnder Group) (1)

1. Zurich, Sept. 16: Hidden Swiss Champions - Profitable Nachhaltigkeit als Erfolgsmodell 2. Lugano, Sept. 17: Ticino Annual Dinner with Guest of Honor Silvio Napoli, Chairman Schindler Group and Chairman Swiss Amcham 3. Zurich, Sept. 29: J. Erik Fyrwald, CEO, Syngenta Group. Topic: “Syngenta – 256 years of Swiss innovation to safely nourish the world and address climate change”

Pictures: [MS] Markus Senn

Robert Itschner (ABB Schweiz), Thomas Bertschinger (Helbling Business Advisors) (1)

Martin Naville (Swiss Amcham), Silvio Napoli (Schindler Holding / Daniel Moos (International Music Productions), Natalia Ferrara, Martin Lenke (KPMG), Swiss Amcham), Demis Stucki (EFG Bank / Ticino Chapter Board) Lorenzo Job (KPMG) (2) (2)

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4 Chamber Events

Simone Leonardi (KPMG), Marco Netzer (Banque Cramer & Cie), Luigi Lorena Cedillo, Luca di Fede (Ashenden Finance), Piermichele Bernardo Campagna (Goldberg & Partner), Reinhard Oertli (Meyerlustenberger (IBC), Laura Poggioli Maraniello (2) Lachenal) (2)

J. Erik Fyrwald (Syngenta Group), Andreas Björn Johansson (Dr. Björn Johansson Associates), Alberto Logiudice (Dow Europe), Elzbieta Czetwertynska Staubli (PwC) [MS] (3) Sam de Boo (Ecolab Europe) [MS] (3) (Citibank), Olga Nieto (Citibank) [MS] (3)

Aloys Hirzel (Hirzel.Neef.Schmid.Konsulenten), Rolf Matthias Schulthess (Schulthess Zimmermann & Doris Albisser (EVALUGLOBE), Marianne Schläpfer (Hirzel.Neef.Schmid.Konsulenten) [MS] (3) Jauch), Xavier Schops (Sonova Holding) [MS] (3) Petitpierre (SBS Swiss Business School) [MS] (3) Accenture. All rights reseved. © 201 9

5 The Chamber & You

Chamber Members in the News ceeds Daniel Hunziker, who will head the Institutional Clients business area from ABB October 1. Martin Mende has many years New Members On August 1, Theodor Swedjemark joined of experience in the banking sector and EFG International AG, Zurich the Executive Committee of ABB as the has held various management positions in Wealth & asset management company’s Chief Communications Officer. business development and consulting for He has been holding the position on an more than 25 years. FELFEL AG, Zurich interim basis since March 1, 2020. Theodor Food tech Swedjemark will be functionally responsible Dormakaba Jonas Fischer GmbH, Zug for external and internal communications, The Board of Directors of dormakaba Dispute resolution experts brand management, ABB Formula E, Holding has appointed Sabrina Soussan as new Chief Executive Officer of the Group LKQ Europe GmbH, Zug government relations & public affairs as effective April 1, 2021. She will succeed Importer and distributor of spare parts well as sustainability & HSE. Swedjemark Riet Cadonau, who will focus on his role as and accessories for passenger cars, holds a master’s degree in business ad- vans, trucks and motorcycles ministration and economics from Linköping Chairman, in line with previous communica- University in Sweden. tions. Furthermore, the Board of Directors Park Hyatt Zurich GmbH, Zurich is proposing John Liu as a new member of Hotel company ABB is investing about CHF 40 million in the Board at the upcoming Annual General RUAG MRO Holding AG, Bern new research and development facilities Meeting, while Rolf Dörig, Board member Supplier, support provider and inte- and office space for its Motion and Indus- since 2004, will not stand for re-election, grator of systems and components for trial Automation Business Areas at the as previously announced. civil and military aviation company’s largest Swiss location in Turgi in the Canton of Aargau. The investment Firmenich Sensirion AG, Stäfa will enable ABB to strengthen its position Firmenich has appointed Benoit Fouilland Manufacturer of digital microsensors in a number of high-growth areas while as Chief Financial Officer, effective Septem- and systems also enabling the company to expand its ber 1. Benoit will report directly to Firmenich Stiftung Synapsis Alzheimer innovation capabilities. CEO Gilbert Ghostine, as a member of the Forschung Schweiz, Zurich Company’s Executive Committee. He will Health care and social assistance Coca-Cola HBC also be the Secretary of the Finance, Audit Vanguard Properties, Mill Valley, CA Thomas Krennbauer is the new Country & Risk Committee of the Board of Direc- Real estate brokerage General Manager of Coca-Cola HBC Swit- tors. Having most recently served as Chief zerland since April 1, 2020. He already Financial Officer at Criteo, Benoit joins Fir- worked for Coca-Cola HBC in a variety menich with extensive experience as CFO of roles in the past and knows the Swiss in rapidly changing market environments market. He took over from Nigel Davis, who and publicly-listed companies. had held this position since 2016. Julius Baer Credit Suisse Bank Julius Baer will create a new unit Martin Mende heads the Strategy & Initia- and launch a dedicated offering for direct tive area at Credit Suisse (Switzerland) Ltd. private investments such as Private Equity October 1, 2020. He will thus become a and Private Debt for its UHNW clients. The member of the Management Committee unit will be led by Giuseppe De Filippo, who of the Swiss Universal Bank division and has joined the Bank together with a team of will take a seat on the Executive Board of several experts on October 1. This unit will Credit Suisse (Switzerland) Ltd. He suc- offer access to private market transactions

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6 169777 Make you impact campaign vg.indd 1 9/20/2018 2:44:09 PM The Chamber & You across all its regions via professionals in its Board. Ian Wood, currently Chief Supply major booking centres; it will complement Chain Officer, will become Chief Techno- Julius Baer’s current product range and will logy Officer and, in addition to his current be embedded in its Markets division. responsibilities, will assume leadership of the global technology and R&D functions. Lindt Samuel Sigrist, Chief Financial Officer, will With a spectacular inauguration on Sep- assume overall responsibility for commer- tember 10, the curtain was raised on the cial operations, including filler investments Switzerland and solutions pricing, in addition to his Talacker 41, 8001 Zurich new Lindt Home of Chocolate in Kilchberg Phone 043 443 72 00, Fax 043 497 22 70 (Canton of Zurich). The unique Chocolate current responsibilities. Consequently, the www.amcham.ch Competence Center with interactive mu- number of Group Executive Board members CEO: Martin Naville seum, research plant, open-view production will be six instead of seven. Editor Business News: Bettina Asaf E-mail: [email protected] line and many other highlights is delighting Publisher: Ileana Garriga visitors from Switzerland and across the Sulzer E-mail: [email protected] world. Swiss Federal Councillor Ueli Maurer, Sulzer has agreed to acquire Swiss-German President of the Foundation’s Board Ernst privately held drug delivery device deve- Boston Chapter 420 Broadway Tanner and brand ambassador Roger loper and manufacturer Haselmeier for an Cambridge, MA 02138 Federer unveiled the centerpiece of the new enterprise value of EUR 100 million. With E-mail: [email protected] Lindt Home of Chocolate - the over 9-meter this acquisition, Sulzer will complement its high chocolate fountain. healthcare portfolio and leverage its APS California - Los Angeles Chapter 9461 Charleville Boulevard, #537 expertise in precision injection molding Beverly Hills, CA 90212 Siemens to seize growth opportunities in the fast- Phone 626/252-2834 Klaus Helmrich, the Managing Board growing drug delivery devices market. E-mail: [email protected] member responsible for Digital Industries, UBS California - San Francisco Chapter will retire upon expiration of his contract at 601 Montgomery Street, STE 1400 the end of March 2021 after 35 years at the Forbes/Shook recently released their 2020 San Francisco, CA 94111 company. Cedrik Neike, the Managing Board “America’s Top 250 Wealth Advisors” list Phone 415/433-6679 E-mail: [email protected] member currently responsible for Smart In- and recognized 50 UBS Advisors - up from 40 in 2019. They were among 250 talented frastructure, will succeed him as of October New York Chapter 1, 2020. Matthias Rebellius, currently Chief Advisors who represent the best minds of the 500 Fifth Avenue, Room 1800 Operating Officer of Smart Infrastructure, wealth management industry. The Advisors New York, NY 10110 on the 2020 list have a minimum of seven Phone 212/246-7789, Fax 212/246-1366 has been appointed to the Managing Board E-mail: [email protected] and will assume responsibility for this unit. years’ experience, and factors such as revenue trends, asset under management, Southeast USA Chapter SIG Combibloc Group compliance records and industry experience E-mail: [email protected] SIG announced that Markus Boehm, Chief are considered. Market Officer and member of the Group Carolina Division E-mail: [email protected] Executive Board, has decided to leave Vontobel After 12 years as Vontobel CFO, Dr. Martin the company at his own request in view of Florida Division upcoming organisational changes. Certain Sieg Castagnola has handed over the role E-mail: [email protected] responsibilities of the Chief Market Officer to Thomas Heinzl at the presentation of the will be devolved to the regional heads in half-year results on July 28. Sieg Castagnola Europe, Asia Pacific and the Americas, will support Dr. Hans-Dieter Vontobel in the while the remainder will be redistributed management of his investments and real Opinions expressed do not necessarily reflect those of the Chamber‘s Board of Directors. to other members of the Group Executive estate in the future. 5 issues p.a.; membership publication

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7 Chamber Events Plan

Geneva Nov. 4, Wednesday, 6:00 am - 9:00 am Oct. 28, Wednesday, 11:30 am - 2:00 pm U.S. Presidential Election Breakfast Boris Collardi, Managing Partner, Banque Join us to watch CNN coverage on big Pictet & Cie screen TVs and to discuss the outcome of the U.S. Presidential Election 2020 Dec. 10, Thursday, 11:45 am - 2:00 pm Claudio Bozzo, Chief Operating Officer, Nov. 16, Monday, 5:00 pm - 7:00 pm MSC Mediterranean Shipping Company Composition of Executive Boards of Swiss SA, In Cooperation with AIC American Companies in USA International Club of Geneva Steven Baert, Chief People & Organization Officer, Novartis; Dr. Björn Johansson, Jan. 21, Thursday, 11:45 am - 2:00 pm Chairman & CEO, Dr. Björn Johansson The future of Geneva, In Cooperation with Associates Inc Global Board Advisors; AIC American International Club of Geneva Grégoire Poux-Guillaume, CEO, Sulzer; Antonio Hodgers, Conseiller d‘Etat, Dr. Stefan Seiler, Group Head Human Département du territoire (DT), Canton of Resources, UBS; Dr. Dieter Weisskopf, Geneva; David Montalba, AIA Founding CEO, Lindt & Sprüngli Principal, Montalba Architects, Inc.; Mark Muller, Avocat au Barreau de Genève et Nov. 26, Thursday, 11:30 am - 2:00 pm Ancien Président du Conseil d‘Etat, Muller Peter Voser, Chairman & CEO, ABB & Fabjan Real estate law Florida Zurich Oct. 21, Wednesday (virtual) Oct. 20, Tuesday, 11:30 am - 2:00 pm Swiss Peer to Peer Conference in Miami, Tej Tadi, Founder & CEO, MindMaze October 21-22 Oct. 29, Thursday, 5:30 pm - 7:30 pm Oct. 28, Wednesday (virtual) HR Personnel Forum, UBS Compensation Outlook for the Cruise Line Industry Survey Outlook 2021 and Panel Discussion Los Angeles Dr. Daniel Kalt, Chief Economist Switzer- land, UBS; Ralf Brinkmann, Area President Quarterly D/A/CH, Greece, Israel, Italy, Central Orange County Swiss Business Mixer Europe, and Greater Russia, Dow Europe; Monica Dell‘Anna, CEO The Adecco Group Switzerland & Austria, The Adecco Group; Alexander Senn, Head Human Resources, See www.amcham.ch for more event details Siemens Schweiz Smart Infrastructure Global Headquarters

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