Baloise is set to nominate three new members to its board of directors, including former Credit Suisse Switzerland CEO André Helfenstein, insurance executive Vincent Vandendael, and Robert Schuchna from Cevian Capital, the company's largest shareholder. Current board members Christoph Gloor and Hans-Jörg Schmidt-Trenz will not seek re-election at the annual general meeting scheduled for April 25, 2025.
Baloise will expand its Board of Directors next year, increasing the number from nine to ten members. Christoph Gloor and Hans-Jörg Schmidt-Trenz will not seek re-election, with André Helfenstein and Vincent Vandendael proposed as replacements. Cevian, the largest shareholder, will be represented by Robert Schuchna, as the company aims to enhance its expertise in insurance and finance through a new "refocusing" strategy.
Baloise will expand its Board of Directors from nine to ten members, with André Helfenstein and Vincent Vandendael replacing Christoph Gloor and Hans-Jörg Schmidt-Trenz, who are not seeking re-election. Robert Schuchna will represent major shareholder Cevian, which holds nearly 10% of the company. This restructuring aims to enhance the company's insurance and financial expertise as part of a refocusing strategy to develop new services and strengthen its core business in European markets.
Baloise will expand its Board of Directors next year, increasing the number of members from nine to ten. Christoph Gloor and Hans-Jörg Schmidt-Trenz will not seek re-election at the General Assembly on April 25, 2025, with André Helfenstein and Vincent Vandendael proposed as their replacements. Additionally, Robert Schuchna from major shareholder Cevian will join the board, reflecting the company's strategy to enhance its expertise in insurance and finance.
Baloise will expand its Board of Directors from nine to ten members, with André Helfenstein and Vincent Vandendael replacing Christoph Gloor and Hans-Jörg Schmidt-Trenz, who are not seeking re-election. Robert Schuchna will represent major shareholder Cevian, which holds nearly 10% of the company. This restructuring aims to enhance the company's insurance and financial expertise as part of a refocusing strategy to develop new services and strengthen its core business in European markets.
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