The Baloise Group announced that Chief Financial Officer Carsten Stolz will depart the company on December 31, 2025, to pursue new professional challenges outside the organization. This departure represents a significant leadership transition for the European insurer, particularly given Stolz's long tenure and central role in the company's financial transformation. Stolz joined Baloise in 2002 and held various positions at both group level and within operating business before being appointed CFO in 2017. During his time as CFO, he has been responsible for the further development and transformation of finance on both the Corporate Executive Committee and Group Strategy Board.
Thomas von Planta, Chairman of the Board of Directors of Baloise Holding Ltd, acknowledged Stolz's substantial contributions to the company. "Carsten Stolz initiated and successfully implemented the financial transformation of the Baloise Group," von Planta stated, adding that the company is losing a highly experienced executive and proven leader. 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.
The departure of a long-tenured CFO who has been integral to the company's financial strategy comes at a crucial time for Baloise. As a European company founded over 160 years ago, Baloise employs 8,000 people and generated a business volume of around CHF 8.6 billion in 2024. The company operates in Switzerland, Belgium, Germany, and Luxembourg, positioning itself as more than a traditional insurer by offering smart finance and insurance solutions. Further information about the company is available at www.baloise.com.
This leadership transition occurs as Baloise continues its mission to make tomorrow more straightforward, safer, and more carefree for its customers. The company's focus on financial transformation under Stolz's tenure has been a key component of its strategic development, making his departure particularly noteworthy for stakeholders. The company's shares are listed on the SIX Swiss Exchange, and this executive change may have implications for investor confidence and strategic continuity. 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 who has shaped the organization's financial direction for nearly a quarter century.
