Executive Interviews

Our Executive Interviews feature top leaders from across the disciplines that we specialise in, sharing their career advice and experience with candidates seeking success in those sectors.

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Daniel Kellenberger - Group Finance Director - Veldhoven

As someone who has had over 27 years' experience within the Swiss market-place, how have you found the Swiss market & working environment has changed over these years?

I would say the changes came from the European Union, as Switzerland didn’t join the EU this had a big impact on our economy. Bilateral agreements were made resulting in pressure on the Swiss Market companies and industries to be more competitive, suddenly you had a group with demands and regulations that we were not part of but still we export to the EU with 60% going to the German market. We must be competitive on the price. Switzerland is a country which people will relocate to for work which gives us an excellent quality of employees, making CH more flexible which is key to surviving as an individual and company. As a company, currency is a worry, before Brexit the Swiss Bank froze its currency which gave pressure to export and import in turn adding to costs with the revenue of the company which in turn adds costs across the board.

What, in your opinion, have been the drivers for these changes?

The recession in 2008 definitely made an impact on the retail industry, from that we have learnt and are still learning how to recover and how to regain our status. Migration has grown as a direct result of the recession impacting on the workforce.

What advice would you offer to someone moving to Switzerland?

Be open to new experiences, as things will be different, Switzerland is an open country that embraces people. Do research and make yourself aware of the cost of living, this can come as a surprise to some who relocate. Make yourself aware of the language skills you will require also.

What challenges await your business and how do you hope to overcome them?

One challenge we had was to reduce costs. We were aware that 70% of our revenue was coming from Europe and we needed to balance this with ensuring staffing costs were met. We reviewed the efficiency of our staff and found that now staff are 20-30% more efficient. We have achieved this by hiring teams that work well together and not by just looking at a fashion background.

What excites you about working for Veldhoven?

The fashion industry it is a very dynamic sector to work in and Veldhoven is no exception. Being in the Finance department of this sector it is not always easy to predict retail forecasts, due to weather, economy and trend influences. The life time of a style is very short as this governed by the seasons, once the stock has been removed from the shops it will then go to an outlet which leads to larger amounts of stock. We pride ourselves on producing sophisticated products which means we hire skilled people, which makes for a very interesting workplace.

What are your personal motivators?

I personally get great satisfaction from following business processes, I also enjoy the social aspect of the fashion industry and the influences by our Dutch shareholders.

When did you decide to explore a career in this area and why?

To be very honest I had a colleague who introduced me to someone in his network who knew of the position as Veldhoven. The fascination for me is how the products are made and being able to test them, I genuinely like fashion.

What was the worst / best interview experience you have had?

I believe that within the first 10 minutes of an interview you gain a good or bad feeling of that person, I don’t believe you need 2 hours. I like people that listen, and are direct with their answers. It is a lot to do with intuition, I believe in content, if I’m interviewing a controller I will cover their analysis, what is important to them, how they manage a business case and listen to their approach. Maybe offer half a day in the office to gain a clear insight into the business. Always check references, and communication skills. Team fit is everything.

Describe yourself in 3 words

straight, engaged, trustworthy

 

*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*

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Romain Raimann - Senior Manager Corporate Audit - Baxter International Inc

As someone who is interested in sports in general, what can Switzerland offer?

Due to its topography, Switzerland offers a wide change of outdoor opportunities. As you may be aware, we have a lot of lakes, rivers, mountains, forests and open areas that are all easily accessible due to their proximity from our main cities and the excellent transportation system that this country offers. In addition, the seasonal weather increases the variety of options that are available to all outdoor fans. Last but not least, I haven’t heard anyone complaining about some of the amazing landscapes that are definitely worth exploring!

What advice would you give to someone looking to move here at the current time?

First of all to ensure that the company has a medium/long term plan in place to keep its presence in Switzerland. As all other countries do, we are subject to economic and political factors/decisions that may justify reconsidering the needs to set up/keep local operations. However, Switzerland has been and remains a very attractive place to do business and invest in due to its stability, safety, know-how and qualitative workforce which will always be favourable elements. I would also mention to assess if the Swiss lifestyle is something that matches the expectations of people coming from abroad – We have a very high quality of life but are quite different from our neighbour countries. Finally I would definitely recommend learning the local language which will be an asset for the rest of your life.

What is the best advice you have ever been given?

To make sure that you learn new skills or develop new ones every 6 months as part of your private and professional development and that you make a difference in your current role before moving too quickly to the next one. A career is something that should be built with patience and decisions should be taken considering the long run.

Who do you look at for sources of inspiration?

People and leaders that are able to balance their life (work life balance) and manage their time efficiently. By definition time is limited which makes it very precious. I always believed that we all beneficiate from being able to switch off from work regardless of how busy and how much responsibilities we have. With the development of technology and the endless increasing completion and pressure, we are all required to be more connected and flexible. Being able to add skills and perspective that come from our private life into our professional live is key. Similar to the previous question, this is something that will contribute to the long term success and stability.   

As someone who has lived in both the French & German speaking regions of Switzerland, what would you highlight as the main differences of the regions?

First of all the language…even if pretty much everybody speaks English in Switzerland! The mentality is also very different but this is not only dependent of the speaking region that you are in but if you live in a city or in the country side. In general, German speaking people seem to be more conservative. People’s habits are also different but this difference trends to decrease due to the fact that our main cities have a lot of expatiates. They both offer multiple job opportunities and a wide range of outdoor activities.

 

*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*

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Stefan Spiegel - CFO - SBB Cargo

If you could go back and give your younger (graduate) self some career advice, what would it be?

I originally studied Physics and Mathematics and at that time I didn’t know to become CFO at a company like SBB Cargo. To give advice from that point of view is therefore a little bit difficult, but what I see today is that there is not a specific CV or personality type in finance, there are always different pathways. The key is that everything you do, you should do it with enthusiasm, fun, passion and curiosity. When we are in discussions to promote a person within our company, we do not discuss whether this person has announced its aspiration, we discuss ‘what does the person do’, ‘what are the results the person has delivered' and ‘what is the standing this person has’. These are the points on which we can decide whether somebody should be promoted. 

What attributes do you think make a good leader in finance?

It is twofold, on the one hand you have compliance issues and you must be able to handle them with 100% accuracy. For example, internal controls, accounting standards and tax issues. You must be very precise, honest, exact and persistent. On the other hand, coming from a physics perspective where you describe nature using mathematical models, a good finance leader is capable to describe business with its financial models. Not only describing what is happening, but overtaking the role of a performance leader showing the way to profitability and growth. Here you need a holistic approach, creativity and analytical thinking, so quite different to compliance issues.

What are the most common mistakes you see more junior candidates make at interview and what advice would you give for preparation?

I am not sure ‘mistakes’ is the right word. I think it is all about preparation for the interview. So first a candidate should study the annual report of a company, he should understand the business and develop his ideas about the challenges of the company. Second the candidate should understand what he is looking for, how he likes to work and what he does not like to do. He should describe his idea of the job role and be able to define goals he would like to reach within this role. And last  everyone should be able to describe what he achieved in his previous roles and what was the impact he made on the company’s development. 

How important was it for you to develop relationships outside of finance for career development?

It is always good to have relationships, they usually help, not always, but could have potential. However, I always say that no-one would recommend you if you are not doing a good job, so this is the base requirement. 

What excites you about working for SBB Cargo?

First of all it is the business itself, logistics is like the blood of the economy, without logistics nothing moves! A big portion of well-known Swiss companies are clients of SBB Cargo and also within Europe. We have a very high level of competition, also competing against road. The logistics volumes react very quickly on economic switches, so the business is very fast paced and changes from month to month. Another point, from a strategic perspective, is, that if you look at rail freight the production of the business has been done the same way for the last 100 years. Actually, regarding for example developments of self-driving vehicles on the road we stand at the beginning of an innovation boost. So over the next 20-30 years the way that rail freight business is done must change fundamentally.  Being part of these changes is a very exciting perspective.

Second, concerning the finance function of the SBB, the possibilities to develop and follow your own ideas are very high. You are attached as a division in a big company, where we get the support of a big company, but often we can act like a mid-sized company and decide relatively independently as SBB Cargo. 

SBB Cargo saw its first two years in profit in 2013 & 2014.  What challenges await the business in 2015 and how do you hope to overcome them?

The company was for 40 years producing negative figures, but since 2013 we show positive results. Now the downturn of the Euro will hit the profitability of our business quite seriously. In addition, oil prices are also going down improving cost advantages of road trucks, and raffineries in Switzerland are shutting down reducing our freight volume. Certainly the start to 2015  could have been better! Fortunately we already have set up a good portion of efficiency and innovation programs, which are now becoming much more important than before. 

What do you find are the main challenges attracting finance talent to SBB and what do you see as the key selling points you can offer candidates?

If you join SBB you can get a very high level of variety and complexity. For example if you make investments in power plants or rail infrastructure you discuss over periods of 80 years or more. If you buy new rolling stock, such as the new trains for the intercity tracks, these are investments for the next 40 years. On the other hand at Cargo, we are deciding from week to week about new relations or closing down non-profitable ones – and all such decisions are depending on each other as the production processes are linked together.

Another point is that hierarchies are pretty flat and you can move within SBB very easily. So for example, if you are a younger finance talent you have the opportunity to gain experience across many different branches and finance functions in a short time: Real estate, energy, construction, industry production, transportation, retail, tourism and logistics.

For senior people that already have greater knowledge and experience, SBB offers a lot of transformation projects within the finance function across the whole company. This allows you to develop your ideas, to change processes in a significant way and to leave your footprint within one of the most regarded companies within Switzerland.

What is the most rewarding aspect of your role?

The success and impact we achieved with SBB Cargo. When you can change that much in a company and you can observe the success you have, then I believe this is the really rewarding aspect of the role. Besides, the actual role is very favourable concerning flexibility and self-determination.

Switzerland's economy showed limited growth in 2014, what do you think are the major challenges that lie ahead for Switzerland's growth?

Switzerland’s economy is very dependent on international relations. With the downturn of the Euro Swiss economy, mainly export industry, will even more be forced to follow the next level of efficiency programs. Automation, innovation, research towards products with high value-added will get more and more important to overcome the disadvanteges of high production costs. 

Looking back through your established career, what would you identify as a personal highlight?

The turnaround of SBB Cargo.A lot of people inside and outside thought that with this business model it would be impossible to get positive figures. But we not only managed the financial turnaround, at the same time we reduced our finance department by more than 30% to gain efficiencies, whilst introducing on a green field basis a fully new SAP ERP system. Due to the added workload and risks, normally you wouldn’t do such changes at the same time. To overcome such obstacles gives you a deep satisfaction.

 

*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*

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Cynzia Nardiello - CFO - Barry Callebaut Schweiz

Looking back through your established career, what would you identify as a personal highlight?

I have worked for very dynamic and multicultural companies so I am lucky to have had many highlights! When I was a Finance Manager for Alfa Romeo I was the only woman at the time working at this level in the business globally and I was also very young. It was a big challenge as I took over from someone who gave up after 3 months despite his experience, so I was asked to take on the role as they needed someone with personality. The position was in the UK and at the time I did not even speak the language! The role was a great success and I was later asked to become CFO for Mazerati.

My current position is also a big challenge, where we are really driving costs in production and purchasing. I had slowed down in my career and taken on the role as a mother, however, my young daughter is now 4 years old and last year I decided it was time to focus on my career again. An opening became available at Barry Callebaut due to a maternity leave and this has given me the chance to step up again.

If you could go back and give your younger (graduate) self some career advice, what would it be?

My advice to any graduate would be to gain international experience, seeing different countries and companies. It is a great opportunity to learn and gain respect for other cultures. It is important not to forget your individuality, but you need to be open minded. All of my highlights have been linked to international experiences, including projects I have been involved in in Russia and South America. This is really how you differentiate yourself.

What advice would you give to ambitious women who are aspiring to reach senior leadership roles?

My advice to anyone aspiring to senior leadership roles would be to never give up, but women need to make an extra effort. You really need to have belief!

When interviewing candidates at an earlier stage in their career what are the common mistakes you see and what advice would you give?

A lack of enthusiasm and preparation. I need to see ‘the drive’ in the person, why are they interested in the job or the company? There is sometimes a lack of direction and you are searching for the personality.

What are your personal motivators, particularly when working in a high pressure role?

My family is of course a strong motivator and also it helps that my husband is in a similar role, so his opinion is always important. We do not always speak about work, but if I have a concern they we can talk it through. I am a very motivated person anyway and I enjoy working, but it is important for your family that you are also satisfied.

What would you say is the most rewarding part of your role?

Being able to support management and profitability, the numbers are always important! Providing financial support where you can see how this effects commercial decisions and drives the direction of the business is really rewarding.

You have worked for Barry Callebaut since the end of 2007, what excites you about working for the business?

I started in the company working in the cocoa division, so I saw the source of the raw material and now I am working in chocolate as the finished product. I love the product, and love working in a product orientated business. It is a seductive product and I consider myself really lucky to work here. Previously I had the opportunity to work in the automotive sector and this was also great for me as I love cars as well! I have only ever left companies in the past where I did not have a feeling for the product.

What do you think are the major challenges that lie ahead for Switzerland’s growth?

Switzerland needs to rethink its business model as the environment has changed and there is a need to reinvent to become more competitive and innovative. I believe that behind every problem there is a new opportunity.

 

*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*

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Cedric Hyde - Regional CFO - Merck Serono

What are your thoughts on the upcoming Ecopop Referendum?

Regardless of the outcome, for Switzerland it is potentially a message to the outside world which is not good for our global image. If you look at it together with the February 9th 2014 vote there is just the slight concern that our neighbouring countries will not be happy with the messages that are conveyed.

The competitiveness of the Swiss economy is based on a set of framework conditions, which include a highly skilled and multicultural workforce. Irrespective of the results of the votes, the simple fact that the Swiss people are arguing over this kind of subject matters is most likely not perceived as an appealing signal when it comes to attracting talents to Switzerland.

What is the Merck position on Corporate Social Responsiblity (CSR)?

At group level we have a report on all of our CSR activity - it is available here:

http://reports.merckgroup.com/2013/cr-report/servicepages/welcome.html

It is a substantial investment, but we are keen on it, therefore it is something we are very pro-active about. Let me provide two examples relating to diversity:

In 2013, 25% of the management positions at Merck were held by women,
which means that we reached our strategic goal of raising this percentage up to 25% to 30%. And we intend to further increase this ratio by 2016. Fiscal 2013 was the first time that a woman was appointed as head of a Merck Group division.
 
Since we are an international global player, one of our fundamental principles is to recruit employees from the countries in which we operate and offer them career development opportunities. Currently, people from 114 nations work at Merck.
 
If you could go back in time and give some career advice to your younger, graduate self, what would it be?
 

Take the opportunity to master two or three languages. Communication and therefore language are very important. Internationally, English generally prevails. However, in Europe for finance professionals, and also for scientists and other professionals with a cross-border scope of activities, it is a genuine advantage to master other languages.. Although English remains the main language in today’s business environment, if I was 25 now, I would probably try to learn Chinese.

What has been your best, or worst, interview experience?

My worst hiring experience was really quite fascinating. The candidate tried to force himself into the position by virtue of key personality elements he simply did not have. I was interviewing for a finance position with precise needs in terms of management style. The candidate was clearly very motivated for the job, and seemed to be trying to convince himself, probably before, and certainly during the interview, that he could do this job while  the required management style was quite obviously not fitting with what I could perceive  as the candidate’s personality and aspirations. I really think this was the worst thing to do – the candidate  was, consciously or not, tricking himself. If I had hired him it would have been terrible for him! In this case, the whole interview was like a Greek Tragedy. You could see the negative outcome that was underway, but you could not do anything to prevent it.

The best experience from my side, as an interviewee, eventually derived from a situation where I was completely unprepared. I had gone for an interview at a company, and as I was being shown out, we bumped into one of the interviewer's colleagues, and he asked me, off the cuff, if I was prepared to interview for a different position with him. So I said yes. It was to his credit that this was a good interview. He was able to describe accurately and in simple terms the requirements of the position to me, which I had no prior understanding of (since I was not prepared). It was an appealing but overall honest introduction. This led me to have an open mind about it. I ended up having a good interview, and eventually we agreed that I would take the second position. I credit the second interviewer with his ability to select the right candidate, and present the role to someone who wasn't even expecting it. An interesting point here is that my unpreparedness meant I was more open-minded - I had not formed any opinions during my preparation.

What advice would you give to someone who is one day looking to move into a leadership role (Senior Finance Manager/CFO Level)?

This question reminds me of a discussion I once had with a fairly senior manager, about why one manager would perform better than another. We kept coming back to one quality - HONESTY. Always tell the truth. Consider how you deliver the message, but make sure everybody gets it. Structure your message, do your homework properly (different people will react differently to different messages), so you can pinpoint those who may need extra clarification. This simple character trait will enable you to concentrate on positive actions, as opposed to having to be in defensive mode all the time. To be a leader, you need to be trusted. Humility in the good times is also a good trait.

Who would you say the most important figure in business is, and why?

In my own professional life, Mr Ernesto Bertarelli was the most important business leader who has had the most influence on the way I think and the way I act in a business environment. When I had the privilege of being part of his organization, his leadership was very impressive, and it is quite visible citing his work with the America’s Cup. His leadership style at the Serono Group, especially in times of difficulty, was quite frankly amazing. Mr Bertarelli has mastered two  skills that are generally hard to combine in one single manager. He had the boardroom strategic communication mastered, as well as the media communication, but he was also very operations focused with strong interpersonal skills. He would literally walk the floor on a regular basis, discussing issues and opportunities, asking for ideas for improvement from anyone (one of his skills was creating minimal disruption in the organization with these ” missions”?). Mr Bertarelli would then somehow use this  information in order to feed the boardroom discussions and decisions. He made this operational closeness part of the culture at Serono, and everybody became pretty comfortable with it by the end.

 
*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*
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Marlies Tognella-Abbrederis - Director Human Resources - Bisnode D&B Schweiz AG

What do you love about Switzerland and why?

I have been living in Switzerland for 25 years now and I love the professional/working culture and the flat hierarchies that tend to come with many companies now. In addition, there is no great distance between employer and employees now – which creates an excellent working atmosphere. I work in Zurich, and even though the country us small it is really beautiful with a range of different cultures and languages.

What advice would you offer to someone moving to Switzerland?

The times were very different when I moved to Switzerland (particularly in terms of work permits) – it is now much easier to relocate and start to live your life. I would advise any newcomer to dive into the culture and try to speak the local language at least (whether it be French or German). Don’t expect it to be the same as your home country. For me, at the beginning it was more formal in the work surroundings and the behaviour/approach. During the 25 years I have been in the country attitudes and behaviour have changed for the better, in that it is now more informal and relaxed.

What are your growth plans?

Bisnode’s growth plans are mainly focused around bringing new countries on-board – particularly in the Southern hemisphere. We are now fairly satisfied with our levels of operation in the current countries we operate in.

What challenges await your business and how do you hope to overcome them?

One particular issue we now face is that a significant amount of information we tend to get paid to provide is readily available on the internet and social media. Technology and the internet has been responsible for many positive changes worldwide and in Switzerland, but for Bisnode this has meant we have to find new business fields.

What excites you about working for Bisnode?

It is never ending change within Bisnode. The organisation has changed and grown over the years – we were originally American but are now Swedish, working with global partners in franchising connections. In addition, the culture is such that I can work autonomously in my role which is important. Every employee has this freedom, within reason. There is also an ‘Open-door Policy’ - every person can go to the CEO to discuss issues. It is this positive working culture that sells the company to potential new employees.

If you could go back and give your younger (graduate) self some career advice, what would it be?

If I had the choice, I would go abroad earlier in my life to an English, French or Spanish speaking country. I studied languages but would do something more focused around Economics as I feel it would have assisted more by providing a basic understanding to business. Another language is also important but Economical knowledge is always good as a basis and is a good starting point. 

Being a sparring partner is a pre requisite for an HR Division - what do you feel makes an effective sparring partner?

You have to know what the other departments are doing and give proactive advice. You make this possible by being in constant contact with other leaders, understanding what they are doing and what their needs are. But this alone does not make a good sparring partner, you also have to provide proactive solutions and make yourself available to others.

What makes you relaxed from working in such a pressured role?

 

Within work I feel I am in the right place, I love my work and the industry we are in. We have good partners in our senior management team and we know each other very well. This makes me relax within work.

Outside of work I feel it is important to have other areas where you can go to relax or have some recreation (sports, other hobbies). For me, it is painting, reading, sports (jogging, swimming and biking) – I try to do some exercise at lunch time, evenings and weekends.

What are your personal motivators?

I am motivated by the impact I have, and in my current role I feel I can influence things and help others. I also love to learn and continue my progression. I get great pride when I something going in the right direction that I have influenced.

When did you decide to explore a career in HR and why?

I tried a lot of other things before going into HR. I actually started with languages as I wanted to be a teacher, then moved into Finance and Sales. I noticed that I was not 100% satisfied with either and I knew I wanted to do further training and was choosing between marketing and HR as these were two things that interested me. My manager at the time told me to go into HR and do some training – this is when I did the Personalfachfrau. Generally, I took opportunities as they came along.

How did you plan out your career development path?

I did not really plan my career path – looking back on my career I feel I could have planned more, but I am happy by my decision to take chances as they came up.

What would you say is the most rewarding part of your role?

Motivation from working in a good company and industry. Thinking specifically within my role, I am incredibly proud when I see the results of engagement surveys, and the end result. It is also extremely rewarding to receive personal feedback from an applicant, employee or leader.

If you could change one thing in your career what would it be?

There were times where I had the feeling that the job I was in was not going to be the one I would do for the rest of my career. When I had this feeling I wish I would have changed sooner and tried other things.

What recruitment challenges do you face?

IT positions are often quite challenging to fill as we are a part of a special industry with a small market. We often have to give training to new employees as they come from other industries to give them the necessary knowledge on the industry and to ensure we can retain talent afterwards. We don’t necessarily have the highest salaries (in comparison to banking for example). The culture of freedom and autonomy plays a big role in retaining talent though.

What attributes do you look for when choosing a recruitment partner?

The most important factor for me is that any partner deals with what we are looking for efficiently and does not provide candidates that don’t fulfil the requirements. It is also equally important that the partner is interested in what they are looking for and is asking the right questions of her so they know

How would you advise a jobseeker to approach the current market?

Ensure you invest time into researching and achieving qualifications relevant to the job you are looking for. Also, be persistent, try several channels, use social media, the internet, job adverts and get in personal contact by phone with companies. Just call and be persistent. It can be tough but the rewards will soon come.

What advice would you give to future aspiring leaders, and why?

Any aspiring leader should think why they personally want it and make those reasons clear to themselves. Once this is clear, it is important to have training in this direction for being a leader, to have the tools you need.

Who is your most inspirational person in business and why?

My current manager has been really inspirational. He has been with the company for over 25 years - starting at the bottom and working to the top. His personality and will to go further got him to where he is today. He is very inspirational and a great leader and person.

If you could choose an Artistic/Musical/Sporting career, who would it be and why?

If anything, I would choose a sporting career (e.g. an endurance runner) – when I do sports I feel happy and relaxed, and full of energy. This rewards me with new energy to do other things (like work).

Do you have any hidden talents?

I really enjoy painting pictures. But overall, I get a long with everybody – I love to meet new people, and I think this helps in my role.

 

*Views and opinions contained within our Executive Interviews are those of the Interviewee and not views shared by EMEA Recruitment.*

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