Parmelin will leave the Swiss Federal Council on 31 December
Guy Parmelin, the 2026 president and economy minister, said on Friday he will step down at the end of the year after a decade in the cabinet. He was elected to the Federal Council at the end of 2015, took the economy brief in 2019, and won the 2026 presidency with 203 votes.

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Guy Parmelin said on Friday, 2 October, that he will leave Switzerland's seven-member Federal Council on 31 December. He made the announcement at a press conference in his capacity as economy minister and as the country's rotating president for 2026. Parliament is expected to elect a successor on 9 December, in the ordinary winter session, so the seat does not sit empty on New Year's Day.
Parmelin was elected to the Federal Council at the end of 2015 and took office in 2016. He led the defence, civil protection and sports department from 2016 to 2018, then moved to economic affairs, education and research in 2019, the post he still holds. He has already been president once, in 2021. He was vice president in 2020 and again in 2025, under Karin Keller-Sutter. On 10 December 2025 the Federal Assembly elected him president for 2026 with 203 valid votes out of 246. Ignazio Cassis is vice president this year.
A wine grower from Vaud, and an SVP seat
He was born on 9 November 1959 and turns 67 next month. He is a wine grower from the Vaud, and he sits for the Swiss People's Party, the SVP. The party keeps a claim on two of the seven council seats under the long bargain that shares the cabinet among the largest parties. His departure does not dissolve that claim. It opens a by-election inside it. The Federal Assembly, not a popular vote, chooses federal councillors. The SVP will put forward a name. Other parties can vote for someone else. They rarely overturn the seat arithmetic this close to a general election.
That election is in October 2027. A new economy minister will have less than a year in the job before the campaign, and will inherit files Parmelin has carried since 2019: relations with the European Union after the last treaty fights, export controls, vocational education, and the research budget. None of those changed hands on Friday. The ministry does not move until a successor is sworn.
What 9 December has to settle
The Swiss presidency is not a separate office with its own mandate. It rotates each year among the seven, and the president still runs a department. Parmelin's exit at the end of 2026 means the 2027 president will be chosen, as usual, from those who remain, with Cassis the conventional next name because he is this year's vice president. That vote is also for the Assembly, in December, and it is distinct from the vote that fills Parmelin's chair.
Two clocks now run together. One ends on 9 December, when parliament is expected to pick the new councillor. The other ends on 31 December, when Parmelin's resignation takes effect. Between those dates the government has a named successor who is not yet in office, or, if the vote slips, a gap the remaining six would have to cover. Reuters noted that talk of his retirement had circulated for some time. Friday's press conference turned the rumour into a date.
The useful record is short. A president in his first year of a second term, elected with 203 votes, leaving on 31 December after ten years in the cabinet and seven at the economy ministry. The SVP keeps the right to propose. The Assembly keeps the vote. Federal elections remain 13 months away.
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