Swisscom CEO Carsten Schloter was found dead at his home on Tuesday morning, Reuters reports. Police said the death was "an apparent suicide."
Swisscom, the largest phone company in Switzerland, has named Urs Schaeppi interim CEO of the company, according to Bloomberg.
More from the Associated Press:
GENEVA — Switzerland's leading telecommunications company says its chief executive has been found dead in an apparent suicide.
Swisscom says the body of 49-year-old Carsten Schloter was found Tuesday morning at the CEO's home in the Swiss canton (state) of Fribourg.
A company statement Tuesday says "the police are assuming it was a case of suicide; an investigation into the exact circumstances is underway."
Swisscom, a publicly traded company in which the Swiss government has the majority stake, says no more details of his death were being disclosed in consideration for his family.
Schloter joined Swisscom in 2000 as head of Swisscom Mobile and was appointed CEO in 2006.
The company says deputy CEO Urs Schaeppi would temporarily lead it.