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. Stolz has been with Baloise since 2002, holding various positions at both group level and within its operating business before being appointed CFO in 2017. In that role, he has been responsible for the further development and transformation of finance on the Corporate Executive Committee and Group Strategy Board.
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.
The departure of a long-tenured CFO who has been integral to the company's financial strategy represents a significant leadership change for the Baloise Group. 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. Its shares are listed on the SIX Swiss Exchange. The company, which operates in Switzerland, Belgium, Germany, and Luxembourg, positions itself as more than a traditional insurer, offering smart finance and insurance solutions. Further information about the company is available at www.baloise.com.
This leadership transition comes as Baloise aims 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 part of its strategic development. 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 signals a critical juncture for Baloise as it navigates the continuation of its financial transformation strategy without the executive who has led that initiative since 2017.
The announcement raises questions about succession planning and strategic continuity at a time when financial transformation remains central to the company's identity. As a major European insurer with operations across four countries and significant market presence, leadership stability in financial roles is crucial for investor confidence and operational consistency. The timing of the announcement, with over a year remaining before Stolz's departure, suggests the company is preparing for an orderly transition, but the loss of institutional knowledge and leadership continuity presents challenges for maintaining strategic momentum.
