Michael Ringier Explained

Michael Ringier
Birth Date:30 March 1949
Birth Place:Zofingen, Switzerland
Education:University of St. Gallen (1970-1972)
Occupation:Publisher, Chairman of Ringier Holding AG
Spouse:Ellen Ringier (born Lüthy)
Children:Two adopted daughters

Michael Ringier (born 30 March 1949) is a Swiss publisher and art collector. He is the Chairman of the Swiss media company Ringier.

Life

Born in Zofingen, his parents are Hans and Eva Ringier (born Landolt). Ringier attended the University of St. Gallen from 1970 to 1972. In 1973, he began to work as a journalist for the Münchner Abendzeitung. After attending courses at a journalism school and editorial stations in his family's media company, Ringier completed a trainee program at Heinrich Bauer Verlag in Hamburg in 1976/77. He then worked for the business editorial staff of the Stern and conceived (also for Gruner + Jahr) the magazin impulse. In the Cologne editorial department, he headed the department of "Business Administration and Business" from 1980 onwards.[1]

Private life

Ringier is married to the law graduate Ellen Ringier (born Lüthy) and has two adopted daughters. Ringier is considered a proven art collector[2] [3] with a collection of more than 4,000 works of contemporary art[4] and lives in a modern villa on Lake Zurich. He likes to spend his holidays in his holiday home in Engadin. Ringier likes to jog and is a passionate tennis and golf player.[5]

Ringier AG

In 1983, he returned to Switzerland, where he took over the responsibility for New Media and the German market in the Ringier AG. In 1985, Michael Ringier was CEO of Ringier AG. In 1991, as Chairman of the Board of Directors, he took over sole responsibility for the company. In 1997, he resigned as Chairman of the Board and took over the operational leadership of Ringier AG, as delegate of the board of directors. He also took over publishing management of the publisher. In 2003, Ringier became Chairman of Ringier Holding AG.

In January 2018, Ringier announced at the Group Executive Board meeting that Marc Walder had become an equity partner holding a stake of 10%.[6]

Other activities

Controversy

In November 2017, Ringier’s name appeared in press reports in connection with payments made in 2015 and 2016 to Beatrix Ruf, the then artistic director of the Stedelijk Museum Amsterdam, which lead to her resignation. Ringier, a former employer of Ruf, confirmed paying a departing “thank you gift” in installments over 2015 and 2016 for her successfully increasing the value of his personal collection.[8]

In January 2022, Michael Ringier dealt with accusations, arising out of Ringier’s CEO Marc Walder’s statements at a board meeting the previous year, of allegedly pro-government Covid coverage which escalated to allegations that journalism at Ringier was “carried out according to instructions,” marking them as “an absolutely malicious defamation of the daily work of many competent and extremely serious journalists at Ringier.”[9]

In November 2022, it was reported that Michael Ringier and Marc Walder, as well as Ringier-AG, had started legal action against the finance news portal “Inside Paradeplatz GmbH” and its operator and owner Lukas Hässig, for violation of personal rights.[10]

Literature

External links

Michael Ringier: "Der Internet-Super-Gau wird kommen" (Interview from 20 April 2015)

Notes and References

  1. Web site: Biografie Michael Ringier . Who’sWho . 25 November 2017.
  2. Web site: Der Verleger und die Kunst . Michael Ringier . Ringier AG . 25 November 2017.
  3. Web site: Ich fordere einen achten Bundesrat als Familienminister . Astrid von Stockar . 18 June 2016 . Blick . 25 November 2017.
  4. Web site: Museum Leader Who Resigned Calls Controversy a 'Misunderstanding' . Nina Seigal . 7 November 2017 . The New York Times . 22 May 2018.
  5. Web site: Verliebt, verlobt, verheiratet? . Ulrike Simon . 6 September 2002 . Tagesspiegel . 1 June 2022.
  6. Web site: Marc Walder übernimmt 10 Prozent der Anteile . 30 January 2018 . persoenlich.com . 14 September 2023.
  7. Nate Freeman (15 September 2016), Swiss Institute to Move to St. Marks Place in the East Village Next Spring ARTnews.
  8. Web site: Beatrix Ruf Breaks Her Silence, Says Conflict of Interest Allegations Were a ‘Misunderstanding’ . Henri Neuendorf . 8 November 2017 . news.artnet.com . 14 September 2023.
  9. Web site: Verleger Michael Ringier sieht «eine absolut böswillige Diffamierung» . Michael Ringier . 5 January 2022 . kleinreport.ch . 14 September 2023.
  10. Web site: Michael Ringier und Marc Walder wollen von Inside Paradeplatz 35'000 Franken Genugtuung: «psychisch und moralisch getroffen» . 21 November 2022 . kleinreport.ch . 8 January 2024.