About

The legal department at Schindler Holding supports one of the world’s leading providers of elevators, escalators and moving walkways. In an environment of stagnation and competitive devaluations, the success of the company rests on the ability of each subsidiary to perform successfully in its own local market. This has meant an increased workload for the legal team as they are advising on more and more jurisdictions that the company operates in. The pivotal role of the legal team has strengthened Schindler’s market position, growth markets and large investments in the expansion of its geographical presence. Furthermore substantial investments in training and development for employees were required in connection with the expansion of the workforce. Karl Hofstetter, group general counsel and member of the board of directors, has lead the legal team through numerous challenges and opportunities since taking the role in 1993.