Helvetia CEO Philipp Gmür announces resignation

Philipp Gmür, Chairman of the Group Executive Management and Group CEO of Helvetia Insurance, will step down in mid-2023, the company said in a brief communiqué. A lawyer by training, Gmür joined Helvetia in 1993, where he took over as Chairman of the Group Executive Management in 2016 after various career moves. "After 30 years with Helvetia Group, including 13 years as CEO of the country market Switzerland and seven years as Group CEO, the time has come to turn over a new leaf," Gmür commented on his retirement. It was a privilege and a pleasure to have been able to shape the development of Helvetia Group together with a strong team, Gmür added. "But I am also looking forward to passing on the baton and taking on other tasks outside Helvetia Group."

Chairman of the Board of Directors Thomas Schmuckli pays tribute to the work of his CEO and explains: "Philipp Gmür has left a lasting mark on Helvetia Group. Under his many years of leadership as CEO Switzerland, Helvetia developed into a leading all-line insurer in its home market. As Group CEO, he has driven forward the internationalization of the Group, the expansion of additional insurance lines and the introduction of new business models in a targeted manner. We would like to express our sincere thanks to Philipp Gmür for his many years of enormous commitment to Helvetia Group."

It is not yet known who will take over Philipp Gmür's post. However, the Board of Directors has initiated the process of finding a successor, according to a press release.

Source: Helvetia Insurances