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

Carsten Stolz, Chief Financial Officer of the Baloise Group, has decided to leave the company effective 31 December 2025 to pursue new professional challenges outside the organization. Stolz has been a key figure at Baloise since 2002, holding various positions at both Group level and within the operating business before being appointed CFO in 2017. In this role, he has been responsible on the Corporate Executive Committee and Group Strategy Board for the further development and transformation of the company's finance functions.

Thomas von Planta, Chairman of the Board of Directors of Baloise Holding Ltd, acknowledged Stolz's contributions, stating 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 would like to thank him for his significant contributions and wishes him all the best for the future." The announcement was made via a press release available on www.newmediawire.com.

The departure of a long-tenured executive like Stolz represents a significant transition for Baloise, a European company with more than 160 years of history. As CFO since 2017, Stolz has been instrumental in shaping the financial strategy of a company that generated a business volume of around CHF 8.6 billion in 2024. His leadership on the Corporate Executive Committee and Group Strategy Board positioned him at the center of the company's strategic decision-making processes.

For stakeholders, including investors and industry observers, this announcement signals a period of potential transition in financial leadership at a critical time for the insurance sector. The financial transformation initiatives that Stolz led will now require continuity under new leadership. The company's shares (BALN) are listed on the SIX Swiss Exchange, making executive stability a factor for market confidence. More information about the company is available at www.baloise.com.

The timing of the announcement, more than a year before Stolz's actual departure, provides Baloise with an extended period to manage the leadership transition. This approach suggests careful planning to ensure stability in financial operations and strategy execution. The company employs 8,000 people across its headquarters in Basel, Switzerland, and subsidiaries in Belgium, Germany, and Luxembourg, meaning the CFO transition will have broad organizational implications.

In the broader insurance and financial services industry, executive movements at major European providers like Baloise often signal strategic shifts or reflect competitive pressures in the market. The company describes itself as more than just a traditional insurance company, offering smart finance and insurance solutions through a complete service package. The departure of a key architect of its financial transformation raises questions about how the company will maintain momentum in its strategic initiatives while navigating leadership changes.