Alex Krauer
 Alex Krauer     (businessman) | |||||||||||||||||||||||
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| Born | June 1931 | ||||||||||||||||||||||
| Died | 5 December 2021 (Age 90) | ||||||||||||||||||||||
| Nationality | Swiss | ||||||||||||||||||||||
| Alma mater | University of Basel, International Management Institute | ||||||||||||||||||||||
| Member of | Bilderberg/Steering committee, Georgetown Leadership Seminar/1984 | ||||||||||||||||||||||
Former Bilderberg Steering committee, Honorary Chairman of Novartis AG.
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Dr. Alexander "Alex" Krauer was a Swiss chemical company executive and Bilderberg Steering committee member. Krauer was one of the most influential business leaders in the region at the end of the 20th century.[1]
Background
Krauer was educated at the University of Basel and the International Management Institute in Geneva. He attended a Georgetown Leadership Seminar in 1984.
Career
He mainly had influence through the Basel-based chemical company Ciba-Geigy, for which he worked for 43 years. His grandfather and his father worked for the same company.[1]
After 19 years at the company, he rose to the Group Executive Board. In 1987, he succeeded Louis von Planta as president of Ciba.[2]
At the beginning of the 1990s, things were no longer going too smoothly for Ciba - and thus also for Krauer. Although he was still appreciated as a good communicator with a cooperative management style, the pharmaceutical division weakened. That's why Krauer decided to merge with local rival Sandoz, into what became Novartis. However it was less of a merger and more of a de facto takeover of Ciba by Sandoz. Three years after the merger, Krauer retired and handed over to Daniel Vasella.[1]
Krauer then started working for UBS. Shortly after the merger between the banking association and the banking company, a billion-dollar scandal broke out. Krauer stepped in for the then chairman of the Board of Directors Mathis Cabiallavetta, who had to resign. [1]
After that job, Krauer largely withdrew from the public.[1] Until the beginning of 2005 he was President of the University Council of the University of Basel.[3]
In 2017 he was a Honorary Chairman of Novartis AG.[1]
Events Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1989 | 12 May 1989 | 14 May 1989 | Spain Galicia La Toja Island | 37th Bilderberg meeting, 110 guests |
| Bilderberg/1990 | 10 May 1990 | 13 May 1990 | New York US Glen Cove | 38th Bilderberg meeting, 119 guests |
| Bilderberg/1991 | 6 June 1991 | 9 June 1991 | Germany Baden-Baden Steigenberger Hotel Badischer Hof | The 39th Bilderberg, 114 guests |
| Bilderberg/1992 | 21 May 1992 | 24 May 1992 | France Royal Club Evian Evian-les-Bains | The 40th Bilderberg. It had 121 participants. |
| Bilderberg/1995 | 8 June 1995 | 11 June 1995 | Greece Nafsika Astir Palace Hotel Vouliagmeni | The 43rd Bilderberg. Held at the Burgenstock Hotel in Burgenstock, Switzerland. |
