"Due to differences in opinion regarding the future strategic orientation and steering of the Group, Peter HAGEN will be leaving his position as Chairman of the Managing Board of the Vienna Insurance Group on 31 December 2015 in mutual agreement with the Supervisory Board", the Austrian insurer said in a statement.
"The Supervisory Board elected Elisabeth STADLER to be his successor in the position of Chairman of the Managing Board, effective 1 January 2016 to 30 June 2018".
The Vienna Insurance Group Managing Board will consist of the following Members as of 1 January 2016:
- Elisabeth STADLER, CEO
- Franz FUCHS
- Roland GROLL
- Judit HAVASI
- Peter HOFINGER
- Martin SIMHANDL, CFO
- Martin DIVIS, MBA
- Gabor LEHEL
Elisabeth STADLER began her professional career in 1983 as an actuary at the former Bundeslander-Versicherung. After holding various positions in the area of life insurance, she was appointed to the Management Board of UNIQA Personenversicherung and RAIFFEISEN Versicherung in 2003. In 2009 she moved to ERGO Austria as Chairwoman of the Management Board, while in mid 2014 she took over the CEO position of VIG subsidiary DONAU Versicherung.