Baloise Group CFO Carsten Stolz to Depart After Leading Financial Transformation
TL;DR
Baloise Group's CFO departure creates an opportunity for competitors to gain market share by capitalizing on leadership transition uncertainty.
Carsten Stolz leaves Baloise Group on December 31, 2025, after serving as CFO since 2017 and implementing financial transformation over his 23-year tenure.
Baloise Group's leadership transition allows for fresh perspectives to advance their mission of making tomorrow more straightforward and carefree for customers.
A CFO who shaped Baloise Group for over two decades leaves to pursue new challenges, marking a significant leadership change at the Swiss insurer.
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The Baloise Group announced that Carsten Stolz, its Chief Financial Officer, will leave the company on 31 December 2025 to pursue new professional challenges outside the organization. Stolz, who joined Baloise in 2002 and was appointed CFO in 2017, has been responsible for the further development and transformation of finance on the Corporate Executive Committee and Group Strategy Board. His departure represents a significant leadership change for the company, given his long tenure and integral role in shaping its financial strategy.
Thomas von Planta, Chairman of the Board of Directors of Baloise Holding Ltd, acknowledged Stolz's contributions, stating that the company is losing a highly experienced executive and proven leader. "Carsten Stolz initiated and successfully implemented the financial transformation of the Baloise Group," von Planta said. The Board of Directors expressed gratitude for his significant contributions over more than two decades. The announcement was made via a press release available on www.newmediawire.com.
This leadership transition occurs as Baloise, a European company founded over 160 years ago, continues to position itself as more than a traditional insurer by offering smart finance and insurance solutions. The company employs 8,000 people and generated a business volume of around CHF 8.6 billion in 2024. Its shares are listed on the SIX Swiss Exchange, and it operates in Switzerland, Belgium, Germany, and Luxembourg. Further information about the company is available at www.baloise.com.
The focus on financial transformation under Stolz's tenure has been a key part of Baloise's strategic development, aligning with its aim to make tomorrow more straightforward, safer, and more carefree for its customers. The Board of Directors has wished Stolz all the best for his future endeavors, marking the end of an era for one of the company's most influential financial executives. The departure underscores the challenges and opportunities inherent in managing executive succession, particularly for a long-standing leader who has driven core financial initiatives.
Curated from NewMediaWire
