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The Lucerne Festival faces a funding crisis as main sponsor Sibylla and Christoph M. Müller withdraw support over the retention of Walter Kielholz on the Board of Trustees, citing his role in the Credit Suisse scandals. The festival defends Kielholz, emphasizing his contributions, while asserting its financial stability and finding a replacement sponsor.
The Lucerne Festival faces a sponsorship crisis as private sponsors Sibylla and Christoph M. Müller withdraw support over the presence of former Credit Suisse executives on the Board of Trustees. While Urs Rohner resigned, Walter Kielholz remains, prompting criticism from Müller, who emphasizes the importance of social accountability in cultural sponsorship. The Müllers plan to redirect their funding to other institutions, as the festival seeks new sponsors to replace them.
The Lucerne Festival faces a significant setback as main sponsors Christoph and Sibylla M. Müller withdraw their support over a dispute regarding former Credit Suisse executives Urs Rohner and Walter Kielholz. The couple, who have backed the festival for 25 years, demand a reevaluation of values in cultural sponsorship, citing concerns over reputation-washing. Despite Rohner's resignation, the Müllers remain firm in their decision, redirecting their funding to other institutions.
Beate Eckhardt has been appointed as the first external member of the ZKB Philanthropy Foundation's Board of Trustees, bringing over 25 years of experience in philanthropy. Meanwhile, the UBS Cultural Foundation is undergoing a personnel renewal, with Katrin Renz and René Scheu joining its Board of Trustees, replacing outgoing members.
Michael Haefliger
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Lucerne Festival faces funding crisis amid board dispute and sponsor withdrawal
Credit Suisse High Yield Bond Fund, Inc.
Swiss Re AG
Hoffmann-La Roche AG
CHE
Michael Haefliger
Christoph Franz
Urs Rohner
Walter Kielholz
Thomas Schinecker
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20:22 16.02.2025
lucerne festival faces sponsor withdrawal amid controversy over former cs executives
Credit Suisse High Yield Bond Fund, Inc.
B. Braun Ambulantes Herzzentrum Kassel MVZ GmbH
CHE
Urs Rohner
Michael Haefliger
Walter Kielholz
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13:30 16.02.2025
dispute leads major sponsors to withdraw support from lucerne festival
B. Braun Ambulantes Herzzentrum Kassel MVZ GmbH
Swiss Re AG
DEUTSCHE LUFTHANSA
Swiss Life Holding AG
Credit Suisse High Yield Bond Fund, Inc.
Hoffmann-La Roche AG
CHE
Michael Haefliger
Markus Hongler
Urs Rohner
Walter Kielholz
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11:11 16.02.2025
ZKB Philanthropy Foundation appoints Beate Eckhardt as first external board member
Swiss Franc
CHE
DEU
Michael Haefliger
Florence Moser
Roger Liebi
Katrin Renz
Martin Meyer
Roger Claude Von Mentlen
Roman Bucheli
Karin Oertlin
Beate Eckhardt
Seraina Rohrer
Tomas Fischer
Urs Baumann
Michel Fuchs
Claudia Steinfels
René Scheuer
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10:38 13.02.2025
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