Eric Balet graduated in law from the University of Geneva in 1980 and earned a Master's degree in Commercial and Industrial Sciences at the same university one year later.
During his studies he had already worked as a journalist for the sport pages of Journal du Valais and he joined La Tribune de Genève in 1981, where he has held several positions and has been a member of the editorial board as Deputy Secretary General (1986-1991) and a member of the Executive Board as Production Manager (1991-1993).
In 1993 he decided to move to another sector and worked as a Director (until 2003) for the cable car company Télécabine de Vercorin (until 2003) where he also chaired the board of directors from 2001-2011. In 2003 he accepted a new assignment with his current employer, Téléverbier S.A. working as general manager until 2015. Since November 2015 he has been CEO of Groupe Téléverbier SA, the company which runs the cable cars in the Swiss Verbier resort in the canton of Valais.
Among other assignments as member of the board for various Swiss companies, he is also active in the Valais and Swiss Cable Car Association, where he is currently serving as first Vice-President.
In 2008 Mr. Balet won the Swiss Mountain Award for the invention of the Geosnow technology that allows the snow depth to be measured with groomer.