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Economy · Consumer goods✓ 4 outlets · reasons not explained in the announcement

Lindt & Sprüngli parts ways with group CEO Adalbert Lechner with immediate effect, Dieter Weisskopf takes over on an interim basis

The board of directors wants to appoint a new permanent chief by the second quarter of 2027; the share has lost around a quarter of its value in twelve months.

The Swiss chocolate maker Lindt & Sprüngli is parting ways with group CEO Adalbert Lechner with immediate effect. SRF, NZZ, Reuters and RTS report this on Monday. According to SRF, the board of directors made the decision; former group CEO Dieter Weisskopf takes over on an interim basis. According to Reuters, Weisskopf led the group from 2016 to 2022, and according to RTS he was most recently vice-chairman of the board of directors. According to Reuters, Lechner had been at the helm since October 2022. The NZZ notes that the company’s announcement does not explain the reasons for the departure. According to Reuters, Lindt wants to appoint a new permanent group CEO by the second quarter of 2027.

As background, Reuters cites that in September Lindt cut its 2026 sales forecast for the second time this year, because of high cocoa prices and weaker demand in Europe. The share has lost around a quarter of its value over the past twelve months. Analysts at the bank Vontobel said, according to Reuters, that the board of directors could have intervened earlier. The NZZ devotes a commentary to the group and calls for a generational change: everything hinges on the 80-year-old company patron Ernst Tanner, who should prepare his succession. RTS reports that with the change Weisskopf returns to the top until a successor is found.

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Politics · Federal Council✓ 5 outlets · further candidacies open

Natalie Rickli rules out a Federal Council candidacy and recommends Aargau’s Jean-Pierre Gallati

Zurich Executive Councillor Natalie Rickli will not run to succeed Guy Parmelin on the Federal Council. SRF, NZZ, Tages-Anzeiger, Le Temps and Watson report this. According to Le Temps, Rickli announced her decision on Instagram on Monday; she wants to concentrate on her canton. In an interview with the NZZ she calls the step a “decision of reason” and sees her responsibility in Zurich. Instead, according to the NZZ, she recommends a health director from another canton; the Tages-Anzeiger names Jean-Pierre Gallati of Aargau, who is polarizing in his own ranks and does not comment on the recommendation. According to Watson, the SVP Switzerland’s registration deadline ends on Friday, October 23, at 12 noon. With Rickli another favorite drops out. The NZZ lists Martullo-Blocher, Friedli, Rickli and Rüegsegger as withdrawals; Watson reports that Schwyz Executive Councillor André Rüegsegger is not running. So far Céline Amaudruz has come forward as a candidate. The Tages-Anzeiger writes that the Zurich SVP continues to hope for a seat on the Federal Council despite the withdrawal; Benjamin Fischer and Thomas Matter are mentioned as possible candidates. Matter is said to have promised his wife in 2014 not to become a Federal Councillor.

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Economy · Labor law✓ 3 outlets · figures come from internal data, Securitas disputes a systematic pattern

SRF investigation: Securitas allegedly violated the Labor Act more than 20,000 times in Central Switzerland

According to an SRF investigation, the security firm Securitas has violated the Labor Act thousands of times in Central Switzerland. SRF, 20 Minuten and Watson report this on Monday. The basis is internal data from the Lucerne regional directorate: between 2023 and 2025 more than 20,000 violations are recorded, affecting around 900 employees. They mostly involve rest periods not observed and night shifts of up to more than 14 hours, including in asylum accommodations. SRF describes the case of an employee in a prison whose night shift lasted 14.5 hours. According to SRF, a specialist lawyer for labor law sees the appearance of a systematic violation of the law. Securitas admits mistakes, but cannot reproduce the figure of more than 20,000 violations from its own data and rejects the accusation of systematic violations.

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Politics · Vote of November 29✓ 4 outlets · effects on federal revenue disputed

Opponents of the Centre party’s initiative on taxing married couples warn of “tax chaos” – vote on November 29

On November 29, Switzerland votes on the Centre party’s initiative on the taxation of married couples, known in French-speaking Switzerland as “pour des impôts équitables”. The opponents presented their arguments in Bern on Monday, as Le Temps, 24 heures and RTS report. According to Le Temps, the committee accuses the Centre party of creating “tax chaos”; 24 heures cites a coexistence of different systems and a preferential treatment of rich married couples as arguments. The text concerns only the direct federal tax: the spouses’ incomes would be added together, but married couples must not be worse off than others. If the legislator does not act three years after the vote, the more favorable double calculation applies immediately. According to RTS, the opponents estimate the revenue shortfall at 700 million to 3 billion francs. The FDP recalls that the people adopted individual taxation on March 8 with 54.2 percent. Le Matin cites a poll in which 51 percent reject the initiative and 38 percent approve.

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World · Brazil✓ 5 outlets · debate yielded hardly any statements on the programs

Lula and Flávio Bolsonaro hurl insults at each other in the first TV duel a week before the October 25 runoff

A week before the runoff in Brazil, President Luiz Inácio Lula da Silva and his challenger Flávio Bolsonaro traded heated insults in their first TV duel. Le Temps, 24 heures, RTS, RSI and franceinfo report this. The runoff takes place on October 25; Bolsonaro, son of former president Jair Bolsonaro, was ahead in the first round on October 4, according to RTS. According to Le Temps, insults took up much of the time and proposals receded. According to franceinfo, Lula called his rival a “clown” and a “notorious liar” after the latter had not answered questions about a corruption investigation. Bolsonaro held the word “corrupt” up to the camera and said Brazil would send Lula into retirement. Also disputed was the role of Lula’s wife Janja, whom Bolsonaro portrayed as a source of inflated government spending. Lula demanded information about an investigation into the financing of a film about Bolsonaro’s father.

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In brief
  • Roche halts investments in GermanyThe Basel pharma group is suspending new investment decisions in Germany, citing the federal government’s austerity plans in healthcare (Blick, 20 Minuten).
  • Filling up in AustriaMore and more Swiss drivers fill up in the neighboring country, where a liter sometimes costs up to 42 rappen less (Blick, 20 Minuten).
  • Orionids on ThursdayThe shooting stars reach their peak in the night to Thursday with more than 20 meteors per hour (Watson).
  • Geneva warns of fraud emailsThe Geneva tax administration warns of fake emails promising a tax refund (Le Temps).
  • Douay leaves Lausanne HCThe French forward Floran Douay had only a short contract; the club is not extending it after one month (24 heures, SRF).
  • AI filings burden courtsAccording to 24 heures, filings drafted with ChatGPT are increasing the workload of Swiss courts.
  • TAS ruling at the end of NovemberThe Court of Arbitration for Sport (TAS) intends to rule at the end of November on the appeal over the final of the 2025 Africa Cup between Morocco and Senegal (24 heures).
  • Musk promises US children SpaceX sharesElon Musk announces he will give every child in the US one SpaceX share (24 heures, Tages-Anzeiger).
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Unverified — what we could not confirm

Lindt dismissed group CEO Lechner because of a scandal. According to the NZZ, the announcement gives no reasons; Reuters points to the second forecast cut of the year and weaker demand in Europe.
The SVP has already settled on a Federal Council candidate. According to Watson, the SVP Switzerland’s registration deadline only ends on Friday, October 23, at 12 noon; Rickli and Rüegsegger have withdrawn, Céline Amaudruz has come forward.
Securitas has confirmed the accusations of the SRF investigation. According to SRF, the company admits mistakes, but cannot reproduce the figure of more than 20,000 violations and disputes systematic violations.

Influencer watch

  • Natalie Rickli Instagram · 10/19Zurich cantonal councillor Natalie Rickli announces on Instagram that she will not run for the Federal Council (Le Temps).
  • Elon Musk X · 10/19Elon Musk announces on X that he will give every child in the US a SpaceX share (24 heures).
  • Dan Ives YouTube (Bloomberg Television) · 10/19Analyst Dan Ives says on Bloomberg Television that Big Tech earnings could validate AI.
  • Noah Smith Substack (Noahpinion) · 10/19Noah Smith asks in his newsletter whether a million AI agents can create superintelligence.

Statements as posted, not fact-checked.

Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDELindt & Sprüngli parts ways with group CEO Adalbert Lechner with immediate effect, Dieter Weisskopf takes over on an interim basisEconomy · Consumer goodsNatalie Rickli rules out a Federal Council candidacy and recommends Aargau’s Jean-Pierre GallatiPolitics · Federal CouncilSRF investigation: Securitas allegedly violated the Labor Act more than 20,000 times in Central SwitzerlandEconomy · Labor lawOpponents of the Centre party’s initiative on taxing married couples warn of “tax chaos” – vote on November 29Politics · Vote of November 29Lula and Flávio Bolsonaro hurl insults at each other in the first TV duel a week before the October 25 runoffWorld · Brazil