Dear Alumni and Guests,
You are invited to the first INSEAD Private Equity Club (IPEC) event of the New Year. It is a panel discussion that is relevant for anyone considering working at a PE-owned company, as well as PE industry professionals.
Executive in a PE-owned company: General or Soldier?
January 18, 2017, Zurich
Private equity professionals believe that a portfolio company’s probability of success is largely driven by a smart, pragmatic, hardworking and loyal management team. In the due diligence process, management comes under as much scrutiny as the market, the competition and the production facilities. If one manager drops out, his or her replacement will be examined at the highest levels of the PE firm because a good manager not only contributes to the prosperity of the business, he or she also provides confidence to the next owner, which in turn drives the portfolio company valuation.
Selecting the right person is a challenge, as is establishing a remuneration scheme that incentivizes growth and minimizes risk. There is also a need to strike a balance between laissez-faire, giving management the freedom to act, and rigorous supervision. Private equity needs a “general” with a well-thought out strategy and clever tactics, while respecting the interests of shareholders, as devotedly as a “soldier”.
IPEC has put together a great panel with rich experience that will be moderated by Martin Spirig, IPEC President. The discussion covers requirements, selection, supervision and incentivizing of managers in PE companies. Join us for an insightful and enjoyable evening!
Tomas Aubell, Head of Investments, Jacobs Holding AG Born in Sweden, Tomas Aubell heads up the new investment activities of Jacobs Holding since April 2015. Before, he was a Partner at EQT Partners where he co-led the DACH equity team, playing a key role in transactions, such as Tognum, Sirona and Leybold Optics. He also had global responsibility for healthcare and the industrial sector teams. Prior to EQT, he worked as a management consultant at McKinsey & Company and Bain & Company. Tomas holds a M.Sc. in Engineering Physics from the Royal Institute of Technology in Stockholm and an MBA from INSEAD. He also studied business administration at the Stockholm School of Economics.
Bernd Kessler, Board Member,
Former CEO and C-level executive of several PE-owned companies Based in Munich, Bernd Kessler currently serves on several publicly traded, as well as PE owned company boards in Europe, USA and Middle East. Amongst others, he is a board member of Polaris Industries Inc. a NYSE listed company based in Minneapolis, as well as Chairman of RENA Technologies GmbH in Germany, a PE owned company. He was CEO at Swiss SRTechnics during its ownership by Mubadala and he was President & CEO of MTU Maintenance in Munich. He was a member of the MTU executive leadership team, which took the KKR-owned company public at the FSE. Before that he spent 20 years at Honeywell Inc. Bernd holds a Dipl.Ing. degree from FH Constance and an MBA from City University in Bellevue, USA.
Head of German Division, Directorbank,
an executive search firm focusing on C-level functions in PE portfolio companies Dorothea Kronenberghs has 16 years international experience in the PE industry. Prior to Directorbank, she spent 8 years at 3i, leading the Business Leaders Network across German speaking countries and Scandinavia. She also recruited an investment team and built a network of industry experts and advisors for Swedish venture capital player Speed Ventures in Germany, as well as working for Odgers Berndtson where she gained extensive executive search experience. Dorothea has a degree in Business Administration with special focus on media and communication from Berufsakademie Ravensburg.
When: Wednesday January 18, 2017 18:00 to 21:00 Where: Restaurant Spitz at Landesmuseum, Museumstrasse 2, 8001 Zürich (next to Zurich HB) Tickets: NAA Members CHF 50 for / Non-member Alumni and Guests CHF 70
You are invited to join us for fun after-work Holiday Season drinks get-together.
Christmas Season Drinks at Imagine Zurich HB, December 14, 2016, Zurich
Join us for the annual get-together before the holiday season at the convivial and stylish Imagine Bar, centrally located in the Zurich main train station. This year the Zurich Chapter event includes drinks and snacks for only CHF 30. Don’t miss a chance to relax and get together with friendly alumni living and working in Zurich. We hope you’ll join us!
Dear Alumni & Guests,
Join us for an evening business event featuring INSEAD Professor Ludo Van der Heyden.
Napoléon Bonaparte & Fair Process Leadership, December 7, 2016
A lot can be learned from successful leaders of the past and Professor Van der Heyden finds rich insights in Napoléon Bonaparte’s experiences. His CASE study on the topic is a bestseller. The focus of his talk will be Napoléon Bonaparte: de la guerre morale à la guerre impérial(ist)e – effets du Fair Process Leadership et de sa négation. We hope to see you and other lifelong learners in December. Register to participate in the discussion and enjoy an apéro riche and networking afterwards.
Ludo Van der Heyden INSEAD Chaired Professor of Corporate Governance,
Academic Director INSEAD Corporate Governance Initiative,
Ludo Van der Heyden was co-Dean of INSEAD from 1990-1995. He holds an Engineering Degree in Applied Mathematics from the Université Catholique de Louvain and a Ph.D. in Administrative Sciences from Yale University. He lectures on governance, leadership, team dynamics, fairness in business and society, and innovation.
You are invited to join us for a breakfast meeting with INSEAD Dean Ilian Mihov in Geneva.
INSEAD Dean Ilian Mihov:Q&A Session, December 1, 2016
We are pleased to welcome Dean Ilian Mihov to Geneva where he will discuss with us INSEAD’s strategy as a global business school and his plans for the alumni community. Join us for this interactive and engaging event, free for INSEAD alumni, thanks to the sponsorship from the Geneva Chapter of the INSEAD Alumni Association Switzerland. Join us, participate and give feedback directly to the Dean.
When: Thursday December 1, 2016, 07:30 to 09:00 Where: Hotel Warwick, Rue de Lausanne 14, 1201 Genève (in front of Gare Cornavin)
Price: Free for INSEAD Alumni
Registration: Please sign up by sending an email to events [at] insead.ch, including your full name and coordinates. Please register by the Monday before the event. Kindly let us know in advance if you have to cancel your reservation.
INSEAD Alumni Association Switzerland
Ludovic Choppin, MBA’12D, Geneva Chapter President email@example.com
Dear INSEAD Alumni, You are invited to hear about the Digital Transformation experience of the Swiss market leader for media, Ex Libris, a subsidiary of Migros.
Ex Libris’ Digital Transformation: Daniel Röthlin, CEO, November 30, 2016 Zurich
Join fellow alumni in welcoming, Daniel Röthlin, CEO of Ex Libris at a premium INSEAD Alumni business event. Find out how a Swiss chain of bookshops is being transformed to be a leading consumer cross-channel platform for books, movies, games, ebooks and music. Learn what it is like for Swiss retailers to compete with giants like Amazon, Apple iTunes, or Google Play and hear how Ex Libris manages to keep the lead. After the speech, there will be a Q&A session, followed by a fine apéro riche. The event takes place at the historical Haus zum Rüden in German, with English slides. Don’t miss this chance to see fellow alumni and other lifelong learners.
Daniel Röthlin, CEO, Ex Libris
Daniel Röthlin has built his career on a broad set of experiences in the retail arena. He gathered in-depth knowledge at leading companies like Jelmoli, Globus, Charles Vögele and Diax Communications before he joined Ex Libris’ executive board in 2007 as Head of Retail. In 2010 Daniel was appointed CEO. Ex Libris is the largest Swiss online-shop for books, music, movies, games, and electronics, with 78 outlets, 1 million shoppers per month, and employing 362 people.