7 January 2013

Etienne Jornod - "... to lose a piece of its excellent reputation."


Almost every employee within Galenica Group as well as those of partner companies have suspected that Etienne Jornod has been generously supportive of some selected senior executives of the company. This attitude of Etienne Jornod has been very often a frequent topic for gossips within the Galenica itself.

Indeed! How would it be possible to explain to an outside observer?

Why do some senior executives have been flying first class only, have leaving in 5-star hotels during corporate events while other colleagues and partners have been accommodated in 3-star hotels only.

What kind of circumstances has justified the annual visits of top managers in Rio during the famous carnival?
Whether this has been so important to have a business trip to South Korea during the World Cup or it has been a good reason to attend a match at the World Cup?

Employees would like to know why and what for, some senior executives have been enjoying such generous privileges. Partner companies Partners have been surprised by such (selective) expenses policy within Galenica Group and have not been founding any explanations for this extravagance.

Any dissatisfaction of any Galenica employee (even at level of senior executives) of such electoral preferences by Etienne Jornod may have and has caused his prejudice and anger towards someone who might doubt the status quo. We do not have sufficient evidence to describe the exact steps Etienne Jornod in this case, but we reliably know about his inaction to eliminate discontent within the company.

June 2008. Etienne Jornod has been personally informed of the fact that dissatisfaction of a high executive of some of his colleagues has been not a matter of personal lack of sympathy and careerism, but a matter of wasteful behavior of the latter at their workplace as well during their numerous trips abroad. Nevertheless, Etienne Jornod did not want to hear anything about his Favorites.

February 2010. Etienne Jornod has been informed that within high executives of Galenica Group it has been a common practice to demand for kickbacks from partners and misuse of marketing budget for personal profit. Etienne Jornod has refused from any assistance in elimination of this practice. The only action of Etienne Jornod has been to declare that “he knew about irregularities among close to him colleagues but he had not enough evidence to commence investigation and find the truth”.

October 2012. Name of the company and bank account used to accumulate kickbacks and misused company funds have become publicly known. Etienne Jornod further prefers to ignore this information and do nothing.

We assume and strongly believe that Etienne Jornod has had a convincing argument not to investigate cases of embezzlements and kickbacks. We are more and more convincing that Etienne Jornod has been not able to keep relations between high executives within principals of Corporate Code of Conduct. We are not quite sure if the retirement of 2 Heads of Human Resources Division (member of Corporate Executive Committee) within one year is somehow in connection with these circumstances.

As a matter of fact, Etienne Jornod has already lost a piece or considerable part of its excellent reputation.