Tidjane Thiam’s Fall From Grace After Spying Scandal: Timeline
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Tidjane Thiam was one of the highest-profile chief executive officers in financial services, and a rare black chief of a European company. On Friday, he was ousted from Switzerland’s Credit Suisse Group AG after months of fallout from a scandal that revealed the bank was spying on senior employees.
“We saw a deterioration in terms of trust, reputation and credibility among all our stakeholders,” Chairman Urs Rohner said. The following is a timeline of Thiam’s tenure and how the events unfolded.