Carsten Schloter, the CEO of Switzerland's largest phone company Swisscom, was found dead in a suspected suicide, Bloomberg reports.
Schloter's body was found in his Freiburg home, and police said there was a "very high" probability he killed himself, a police spokesman told Bloomberg.
Swisscom is “deeply saddened and pass on their condolences to the family and relatives,” Chairman Hansueli Loosli said in the statement.
The 49-year-old Schloter joined Swisscom in 2000 and became chief executive in 2006, according to Bloomberg.
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