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FORM 6-K Estimated average burden
SECURITIES AND EXCHANGE COMMISSION hours per response: 6.00
Washington, D.C. 20549 -------------------------
REPORT OF FOREIGN PRIVATE ISSUER
Dated December 5, 2002
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 5, 2002
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Commission File Number 001-15244
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CREDIT SUISSE GROUP
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(Translation of registrant's name into English)
Paradeplatz 8, P.O. Box 1, CH-8070 Zurich, Switzerland
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):________
NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted soley to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7):________
NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if
submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as
the report or other document is not a press release, is not required to be
and has not been distributed to the registrant's security holders, and, if
discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No X
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if "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-___________
2
CREDIT]
SUISSE] GROUP
PRESS RELEASE
MEDIA RELATIONS
CREDIT SUISSE GROUP
P.O. BOX 1
CH-8070 ZURICH
TELEPHONE +41-1-333 8844
FAX +41-1-333 8877
E-MAIL MEDIA.RELATIONS@CSG.CH
CREDIT SUISSE GROUP EXPANDS ITS EXECUTIVE BOARD WITH KEY SENIOR MANAGERS
ZURICH, DECEMBER 4, 2002 - Credit Suisse Group today announced that it is
expanding its Executive Board with key senior managers, in particular from the
Group's business units, as previously communicated at the presentation of its
third quarter results. The Board of Directors has appointed the following people
to the Group Executive Board, effective January 1, 2003: Brady W. Dougan, Brian
Finn, David P. Frick, Ulrich Koerner, Stephen R. Volk and Alex W. Widmer.
With these additions, the Group Executive Board will comprise the following
Members:
OSWALD J. GRUEBEL Group Co-CEO; CEO CSFS
JOHN J. MACK Group Co-CEO; CEO CSFB
HANS-ULRICH DOERIG Vice-Chairman; Head of Corporate Center, Credit
Suisse Group
BRADY W. DOUGAN Co-President, Institutional Securities, CSFB
BRIAN FINN Co-President, Institutional Securities, CSFB
DAVID P. FRICK General Counsel, Credit Suisse Group
ULRICH KOERNER Chief Financial Officer, CSFS
JEFFREY M. PEEK Head of Financial Services Division, CSFB
PHILIP K. RYAN Chief Financial Officer, Credit Suisse Group
RICHARD E. THORNBURGH Chief Risk Officer, Credit Suisse Group
STEPHEN R. VOLK Chairman, CSFB
ALEX W. WIDMER Head of Private Banking, CSFS
Oswald Gruebel and John Mack explained: "We think that it is important to
strengthen the Group Executive Board by adding key senior managers, in
particular from our business units. These individuals bring to the Board
strong leadership, proven business skills and extensive knowledge about our
markets, clients and operations. Their contribution to Group-level decisions
will be invaluable to us when mastering future challenges."
ENQUIRIES
Credit Suisse Group, Media Relations Telephone +41 1 333 8844
Credit Suisse Group, Investor Relations Telephone +41 1 333 4570
Internet www.credit-suisse.com
CREDIT SUISSE GROUP
Credit Suisse Group is a leading global financial services company headquartered
in Zurich. The business unit Credit Suisse Financial Services provides private
clients and small and medium-sized companies with private banking and financial
advisory services, banking products, and pension and insurance solutions from
Winterthur. The business unit Credit Suisse First Boston, an investment bank,
serves global institutional, corporate, government and individual clients in its
role as a financial intermediary. Credit Suisse Group's registered shares (CSGN)
are listed in Switzerland and Frankfurt, and in the form of American Depositary
Shares (CSR) in New York. The Group employs around 80,000 staff worldwide. As of
September 30, 2002, it reported assets under management of CHF 1,221.8 billion.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This press release contains statements that constitute forward-looking
statements. In addition, in the future we, and others on our behalf, may make
statements that constitute forward-looking statements. Such forward-looking
statements may include, without limitation, statements relating to our plans,
objectives or goals; our future economic performance or prospects; the potential
effect on our future performance of certain contingencies; and assumptions
underlying any such statements. Words such as "believes," "anticipates,"
"expects," intends" and "plans" and similar expressions are intended to identify
forward-looking statements but are not the exclusive means of identifying such
statements. We do not intend to update these forward-looking statements except
as may be required by applicable laws. By their very nature, forward-looking
statements involve inherent risks and uncertainties, both general and specific,
and risks exist that predictions, forecasts, projections and other outcomes
described or implied in forward-looking statements will not be achieved. We
caution you that a number of important factors could cause results to differ
materially from the plans, objectives, expectations, estimates and intentions
expressed in such forward-looking statements. These factors include (i) market
and interest rate fluctuations; (ii) the strength of the global economy in
general and the strength of the economies of the countries in which we conduct
our operations in particular;
(iii) the ability of counterparties to meet their obligations to us; (iv) the
effects of, and changes in, fiscal, monetary, trade and tax policies, and
currency fluctuations; (v) political and social developments, including war,
civil unrest or terrorist activity; (vi) the possibility of foreign exchange
controls, expropriation, nationalization or confiscation of assets in countries
in which we conduct our operations; (vii) the ability to maintain sufficient
liquidity and access capital markets; (viii) operational factors such as systems
failure, human error, or the failure to properly implement procedures; (ix)
actions taken by regulators with respect to our business and practices in one or
more of the countries in which we conduct our operations; (x) the effects of
changes in laws, regulations or accounting policies or practices; (xi)
competition in geographic and business areas in which we conduct our operations;
(xii) the ability to retain and recruit qualified personnel; (xiii) the ability
to maintain our reputation and promote our brands; (xiv) the ability to increase
market share and control expenses; (xv) technological changes; (xvi) the timely
development and acceptance of our new products and services and the perceived
overall value of these products and services by users; (xvii) acquisitions,
including the ability to integrate successfully acquired businesses; and (xviii)
our success at managing the risks involved in the foregoing. We caution you that
the foregoing list of important factors is not exclusive; when evaluating
forward-looking statements, you should carefully consider the foregoing factors
and other uncertainties and events, as well as the risks identified in our most
recently filed Form 20-F and reports on Form 6-K furnished to the US Securities
and Exchange Commission.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CREDIT SUISSE GROUP
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(Registrant)
Date December 5, 2002 By: /s/ David Frick
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(Signature)*
* Print name and title of the signing officer under Managing Director
his signature.
/s/ Karin Rhomberg Hug
Managing Director