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    CSGN   CH0012138530

CREDIT SUISSE GROUP AG

(CSGN)
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Credit Suisse Announces Executive Changes

09/09/2021 | 04:00pm EDT

Credit Suisse has named Rafael Lopez Lorenzo as its chief compliance officer in the latest round of internal reorganisation. Lorenzo, the current global head of group internal audit, will take over the new responsibility on 1 October from Thomas Grotzer, who assumed the role on an ad interim basis since April. With a background in audit and banking, Lorenzo joined Credit Suisse in 2015 from JP Morgan Chase. He played a pivotal role in the review of recent incidents. Concurrently, Credit Suisse has also appointed Christine Graeff as the new global head of human resources. Graeff will succeed Antoinette Poschung, who is scheduled to retire by the end of January 2022. Since the beginning of this year, she was working as the global head of communications and deputy global head of human resources. Previously, Graeff was with European Central Bank. Both, Lorenzo and Graeff will directly report to the group CEO Thomas Gottstein.


ę S&P Capital IQ 2021
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Analyst Recommendations on CREDIT SUISSE GROUP AG
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Financials
Sales 2021 22 483 M 24 446 M 24 446 M
Net income 2021 588 M 639 M 639 M
Net Debt 2021 - - -
P/E ratio 2021 45,9x
Yield 2021 1,69%
Capitalization 23 814 M 25 878 M 25 894 M
Capi. / Sales 2021 1,06x
Capi. / Sales 2022 1,09x
Nbr of Employees 49 240
Free-Float 90,9%
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Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 9,88 CHF
Average target price 10,93 CHF
Spread / Average Target 10,7%
EPS Revisions
Managers and Directors
Thomas Gottstein Chief Executive Officer
David Richard Mathers Chief Financial Officer
Antˇnio Mota De Sousa Horta-Osorio Chairman
James Walker Chief Operating Officer
Thomas Grotzer Global Head-Compliance
Sector and Competitors