Sunrise Switzerland CEO Olaf Swante has resigned from his role as the CEO. CFO of the Company André Krause will be taking over from him.
André succeeds Olaf with immediate effect and Olaf will support André until the Annual General Meeting 2020 in April to ensure a smooth leadership transition.
During the last 4 years under the leadership of Olaf Swantee as CEO and André Krause as CFO, Sunrise has gained true momentum as the leading quality challenger in Switzerland, consistently outperforming its competitors after transforming its network, brand, services, company culture and routes to market. As a result, Sunrise gained share across key product areas, achieved the great place to work award and delivered a total shareholder return of 55%. The company said it has outperformed its peers and delivered on its key KPIs each quarter.
André Krause joined Sunrise in 2011 and has been instrumental in its transformation. As CFO, he drove the company through its successful IPO in 2015, and the subsequent sale of its tower assets. André has deep telecom industry expertise gained during his time at Sunrise, and at Telefónica O2 Germany, where he was CFO from 2006-2011. Prior to that, he held consulting roles with McKinsey and Arthur Andersen. He is a German national, and holds a bachelor of arts in economics from FH Bielefeld.
