Third-Generation Walsers Take the Helm of Swiss Family Business After Eight-Year Transition
In 2024, Christin and Claudio Walser officially took over Walser AG, marking the third generation to lead the Swiss family business. Their decision followed an eight-year succession process that began in 2016 when they chose either to sell the company or step in themselves. The siblings now co-run the firm, founded in 1945 by their grandfather, Robert Walser.
The handover was not straightforward. Initially, five members of the Walser family showed interest in continuing the business. But in the end, only Christin, 29, and Claudio committed to the takeover, as their three other siblings opted out.
The process took far longer than the Swiss average of four years. Business consultant Frank Halter guided them, stressing the need to involve all family members. Their father stayed on the board at first, offering trust and freedom as they transitioned into leadership.
Christin had once considered leaving the company to pursue other opportunities. Yet she eventually embraced the role of co-CEO alongside her brother. Claudio described the decision as 'completely voluntary', while Christin saw it as 'staying put' in a business they both respected. Their feelings were a mix of joy and responsibility.
The Walsers' succession reflects a broader challenge in Switzerland, where over 90,000 SMEs will need new leadership in the coming years. Currently, more than one-fifth of entrepreneurs over 65 still lack a concrete handover plan. Without solutions, around 15 percent of businesses risk closing permanently.
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