About
Dr. Stephan Schmidheiny is a renowned Swiss entrepreneur, sustainability pioneer, and philanthropist who has shaped modern business practices through his innovative approach to corporate responsibility and environmental stewardship. Born in 1947 in Heerbrugg, Switzerland, Schmidheiny assumed leadership of the Swiss Eternit Group in 1976 at age 28, immediately demonstrating visionary leadership by launching the "New Technology" innovation program to develop asbestos-free cement products. He publicly announced his company's exit from asbestos processing in 1981, years ahead of government regulations and asbestos bans. His entrepreneurial success extends across multiple industries, playing a crucial role in saving the Swiss watch industry through his involvement with SMH (later Swatch Group) alongside Nicolas Hayek. As a board member of BBC Brown Boveri, he was instrumental in the groundbreaking merger with Sweden's Asea to create ABB, one of history's most successful industrial mergers.
Investment Focus
- Location
- Hurden, Switzerland
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