Infomaniak founder Boris Siegenthaler transferred majority voting rights to the Infomaniak Foundation on May 20, 2026, placing the Swiss cloud provider beyond takeover reach. This irrevocable move ensures the company's independence, privacy commitments, and environmental responsibility endure permanently. The foundation holds special shares granting permanent blocking power over any sale or acquisition attempts.

The decision addresses succession risks that threatened Infomaniak's mission-driven approach. Previously, 36 employee-shareholders held 25% of capital through annual share transfers. However, this model remained vulnerable—if multiple employees left simultaneously, buybacks could become financially unsustainable. More critically, founder's heirs without operational knowledge might have accepted acquisition offers, potentially undoing decades of values-first development.

The Infomaniak Foundation operates under Swiss public-interest status with a four-member board including founder Siegenthaler as chair. It receives up to 5% of annual profits while maintaining absolute veto power over strategic decisions. The Shareholding Charter codifies nine immutable principles: independence, digital sovereignty, privacy protection, environmental responsibility, and local economic commitment.

This structure guarantees customers that their data remains Swiss-hosted indefinitely, protected from foreign acquisition or policy shifts. Unlike typical corporate governance where profit maximization drives decisions, Infomaniak's foundation model legally binds the company to prioritize long-term stakeholder interests over short-term financial gains.