Mario Corti (manager) explained

Mario Corti
Birth Name:	Mario Corti
Birth Date:	22 October 1946
Birth Place:	Lausanne, Vaud, Switzerland
Nationality:	Swiss
Education:	University of Lausanne (PhD) Harvard Business School (MBA)
Occupation:	Businessman, pilot and former aviation executive
Known For:	Being the former CEO and chairman of Swissair
Spouse:	Joy Archambault

Mario Corti^[1] (born October 22, 1946) is a Swiss businessman, commercial pilot and former aviation executive. Corti is the former CEO and chairman of defunct Swissair.^[2]

Early life and education

Corti was born October 22, 1946, in Lausanne, Switzerland to Jean Wilhelm 'Willi'^[3] and Meta (née Gafafer) Corti.^[4] He had two sisters and grew up in Kirchberg near Bern. His father was a former executive of Alusuisse who became a partner in the manufacturing firm Nyffeler Corti, which manufactured aluminium packaging and later merged with Kaiser Aluminium.^[5] The Corti family originally hailed from Stabio in the Ticino region of Switzerland and became citizens in Winterthur in 1882.^[6]

He completed his Matura in Burgdorf. He completed his Doctorate in Economics and Law at the University of Lausanne in 1971. In 1975, Corti earned a master's degree in business administration from Harvard Business School.^[7]

Career

After graduation from Harvard Business School, Corti worked as a business planner for Kaiser Aluminum & Chemical Corporation in California. Following his return to his home country in 1977, he worked first at the Swiss National Bank and then as Under Secretary for Foreign Trade. In 1990, he accepted a position with Nestlé USA and became chief financial officer in 1996.^[8] In April 2000, Corti left Nestle and joined Swissair.^[9] Corti began his term as the Swissair CEO in March 2001.^[10] He was put on trial, accused of unlawful management in regards to the failure of Swissair in 2001. Corti was acquitted of all charges.^{[11] [12]}

Personal life

Corti is also known as "Super Mario". In 1992 Corti flew a twin-engine plane around the globe as a pilot and in 1999 across the Atlantic. Corti is married to Joy (née Archambault)

Corti and resides in Savannah, Georgia. They have no children.

Notes and References

1. Web site: Mario Corti in Savannah - Auskünfte . 2023-03-24 . Moneyhouse . de.
2. "Swissair grounds all flights." BBC. Tuesday 2 October 2001. Retrieved on 24 June 2010.
3. Web site: Neue Zürcher Zeitung 9 October 1990 — e-newspaperarchives.ch . 2023-03-24 . www.e-newspaperarchives.ch . en.
4. Web site: Der Bund 15 August 1977 — e-newspaperarchives.ch . 2023-03-24 . www.e-newspaperarchives.ch . en.
5. Web site: 2001-12-31 . Mario Corti – . 2023-03-24 . . de-CH.
6. 'Corti' in HLS/DSS
7. Web site: Even 'Super Mario' couldn't save Swissair . 2 October 2001 . News24 . 4 March 2021.
8. Web site: Mario A. Corti: Global Reconnaissance . Garry Emmons . 1 October 2000 . Harvard Business School . 8 March 2021.
9. Web site: Can Super Mario Save Swissair? . Christine Tierney, Carol Matlack . 2 April 2001 . Bloomberg . 11 March 2021.
10. Web site: Not quite Nestlé . 21 June 2001 . The Economist . 11 March 2021.
11. "Swissair ex-CEO Corti cleared by court of all charges over airline's bankruptcy." Forbes. 7 June 2007. Retrieved on 24 June 2010.
12. Web site: Swissair executives cleared in criminal trial . 7 June 2007 . The New York Times . 16 March 2021.