Baloise Group CFO Carsten Stolz to Depart After 23 Years
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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Carsten Stolz, Chief Financial Officer of the Baloise Group, will leave the Swiss insurance company on 31 December 2025. Stolz has decided to pursue new professional challenges outside of Baloise, concluding a career with the company that began in 2002.
Stolz has held various positions at both the group level and within the operating business during his more than two-decade tenure. He was appointed CFO in 2017, a role in which he served on the Corporate Executive Committee and the Group Strategy Board. In these capacities, he was responsible for the further development and transformation of the finance function.
Thomas von Planta, Chairman of the Board of Directors of Baloise Holding Ltd, acknowledged Stolz's significant contributions. "We are losing a highly experienced executive and proven leader," von Planta stated. "Carsten Stolz initiated and successfully implemented the financial transformation of the Baloise Group. The Board of Directors would like to thank him for his significant contributions and wishes him all the best for the future."
The departure of a long-serving CFO who led a major financial transformation is a significant event for a major European insurer. Baloise, founded over 160 years ago and headquartered in Basel, Switzerland, employs 8,000 people and generated a business volume of around CHF 8.6 billion in 2024. Its shares (BALN) are listed on the SIX Swiss Exchange. The company operates in Belgium, Germany, and Luxembourg, offering insurance and financial solutions.
Leadership transitions at this level can impact investor confidence, strategic continuity, and operational execution. The company will need to manage a smooth succession to maintain the momentum of its financial strategy. For the industry, this move highlights the ongoing churn in senior financial leadership within the European insurance sector. The announcement was made via a press release which can be viewed on www.newmediawire.com.
Curated from NewMediaWire
