Markus Leibundgut, CEO of Swiss Life Switzerland, has fallen ill

Swiss Life Holding AG / Key word(s): Personnel Markus Leibundgut, CEO of Swiss Life Switzerland, has fallen ill 17-Aug-2023 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Zürich, 17 August 2023 Ad hoc announcement pursuant to Art. 53 LR

Markus Leibundgut, CEO of Swiss Life Switzerland, is temporarily stepping down from operations due to cancer. Roman Stein, Chief Financial Officer of Swiss Life Switzerland, will take over the management of the Swiss market unit on an interim basis.

Markus Leibundgut, CEO of Swiss Life Switzerland, has been diagnosed with bowel cancer. He would like to concentrate entirely on his treatment and recovery process and is therefore relinquishing his position as CEO of the Swiss market unit on a temporary basis. His treatment will continue into the first quarter of 2024 and he will thus be absent during this period.

“On behalf of the entire company, I sincerely wish Markus a speedy recovery,” says Patrick Frost, CEO of the Swiss Life Group.

The Swiss Life Board of Directors has appointed Roman Stein as CEO ad interim of Swiss Life Switzerland until Markus Leibundgut’s return in the first quarter of 2024. He will also retain his function as CFO of the market unit.

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Swiss Life
The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.