corporate executives feel the heat from small investors' fiery activism
In the heart of Zug, Switzerland, the Bossard Arena played host to Holcim's general assembly, which attracted an audience of over 1000 people. This annual event brings together shareholders, employees, and other stakeholders to discuss the company's performance and future plans.
This year, the CEO attending the meeting is Miljan Gutovic. Holcim's former CEO, Jan Jenisch, is now leading Holcim's North American spinoff. It was proposed that Kim Fausing would succeed Jenisch as Holcim's chairman.
Comparatively, the general assemblies of Swiss global corporations like Novartis and UBS have seen larger audiences in the past. In a previous year, Novartis's general assembly had an audience of 1700 people, while UBS's general assembly attracted 1600 people. The exact number of people at Nestlé's general assembly in a previous year was not specified, but it was over 1000.
As the event unfolded, an activist expressed a unique interest. They believe that one can tell if someone is telling the truth by looking into their eyes. With this in mind, the activist chose to sit near the front, eager to catch a glimpse of the bosses' eyes during the proceedings.
Beyond the corporate world, the article also provided tips on how to plant a raised bed correctly and offered book recommendations for this decade. These additional topics added a touch of variety to the informative piece.
General assemblies of Swiss global corporations are mass events, drawing attention from various corners. This year's Holcim general assembly was no exception, marking another significant gathering in the Swiss corporate landscape.
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