Baloise Group CFO Carsten Stolz to Depart After 23 Years, Marking Significant Leadership Transition

Carsten Stolz, the Chief Financial Officer of the Baloise Group, will leave the company on 31 December 2025 to pursue new professional challenges outside the organization. This announcement, made via a press release available on www.newmediawire.com, marks the impending departure of a key executive who has been with the Swiss-based insurer for over two decades. Stolz joined Baloise in 2002 and held various positions at both the group level and within its operating business before his appointment to the CFO role in 2017. In that capacity, he has been responsible for the further development and transformation of finance on the Corporate Executive Committee and Group Strategy Board, playing a central role in the company's strategic financial direction.

The departure represents a significant leadership transition for the Baloise Group, a European company founded over 160 years ago that employs 8,000 people and generated a business volume of around CHF 8.6 billion in 2024. Thomas von Planta, Chairman of the Board of Directors of Baloise Holding Ltd, acknowledged Stolz's substantial 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, highlighting the impact of his work on the organization's evolution.

This leadership change occurs as Baloise, which operates in Switzerland, Belgium, Germany, and Luxembourg, continues to position itself as more than a traditional insurer by offering smart finance and insurance solutions. The company's focus on financial transformation under Stolz's tenure has been a key component of its strategic development, aligning with its aim to make tomorrow more straightforward, safer, and more carefree for its customers. As a publicly traded company with shares listed on the SIX Swiss Exchange, Baloise's financial leadership is critical to its market performance and investor confidence. Further information about the company's operations and strategy is available at www.baloise.com.

The Board of Directors has wished Stolz all the best for his future endeavors, effectively marking the end of an era for one of the company's most influential financial executives. His exit necessitates a planned succession process, which will be crucial for maintaining continuity in the group's financial strategy and transformation initiatives. The timing of the announcement, well in advance of his departure date, provides the organization with a substantial period to identify and transition to new financial leadership, ensuring stability during this change. For stakeholders, including employees, customers, and investors, this news underscores the importance of leadership continuity in executing the company's long-term strategic vision, particularly as it navigates the evolving landscape of insurance and financial services in Europe.