Bloomberg News

Credit Suisse Chairman Plans to Replace CEO, Tages-Anzeiger Says

May 26, 2012

Credit Suisse Group AG (CSGN)’s Chairman Urs Rohner would have already replaced Chief Executive Officer Brady Dougan if a suitable successor was available, Tages-Anzeiger reported, citing unidentified people.

The Zurich-based newspaper said potential candidates for the post including Hans-Ulrich Meister, the bank’s head of private banking, Walter Berchtold and Deutsche Bank (DBK)’s Hugo Baenziger don’t stand a chance of appointment to the role.

Andres Luther, a spokesman for Credit Suisse, declined to comment, referring to an interview with Rohner in Swiss newspaper Le Temps on April 21, in which the chairman said “Brady Dougan is the man for the job at Credit Suisse, there’s no doubt in my mind.”

To contact the reporter on this story: Carolyn Bandel in Zurich at cbandel@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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