Dr Yvonne Wicki Macus and Dr René Cotting to be proposed for election to the Board of Directors
December 20, 2022 at 01:06 am EST
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Helvetia Holding AG / Key word(s): Personnel
Dr Yvonne Wicki Macus and Dr René Cotting to be proposed for election to the Board of Directors
20-Dec-2022 / 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.
Ad hoc announcement pursuant to Art. 53 LR
St.Gallen, 20 December 2022
The Board of Directors of Helvetia will propose Dr Yvonne Wicki Macus and Dr René Cotting for election to the Board of Directors. Jean-René Fournier will not stand for re-election at the next Shareholders' Meeting.
The Board of Directors of Helvetia Holding will propose Dr Yvonne Wicki Macus and Dr René Cotting as new members of the Board of Directors at the coming Shareholders' Meeting. Dr Yvonne Wicki Macus is a member of the SV Group Executive Board for the Community Catering division. She previously held various management positions in the areas of strategy, sales and marketing at the SV Group, Coca-Cola HBC Switzerland and Unilever Switzerland. The 49-year-old is a member of the Board of Directors of Patria Genossenschaft. Dr Yvonne Wicki Macus studied economics and social sciences at the University of St. Gallen (HSG) and holds a PhD in business administration.
Dr René Cotting is CFO of the Smartenergy Group and mandated CFO and Head Investor Relations of Edisun Power, which is listed on the Swiss stock exchange. The 53-year-old previously held various management positions at ABB, including roles as Head of Operations in Innovation and R&D of the ABB Group, Chairman of ABB Technology Ventures and CFO of ABB Switzerland. He is a member of the Boards of Directors of Patria Genossenschaft and Bossard Holding. He will step down from the latter at its next Shareholders' Meeting. Dr René Cotting studied economics and social sciences at the University of Fribourg, from which he also attained his PhD in strategic management, finance and macroeconomics.
"With Dr Yvonne Wicki Macus and Dr René Cotting, the Board of Directors will propose two new members for election who are outstanding management figures and who will be an asset to Helvetia with their knowledge and wealth of experience", comments Dr Thomas Schmuckli, Chairman of the Board of Directors of Helvetia.
Jean-René Fournier to leave the Board of Directors after 12 years
Jean-René Fournier, Chairman of Patria Genossenschaft, will not stand for re-election to the Board of Directors of Helvetia at the coming Shareholders' Meeting. He has been a member of the Board since 2011 and is currently a member of the Nomination and Compensation Committee. "On behalf of the entire Board of Directors, I would like to thank Jean-René Fournier for his good collaboration and his contribution to the further development of Helvetia", says Dr Thomas Schmuckli.
About the Helvetia Group
Helvetia Group, with its headquarters in St. Gallen, has grown since 1858 to become a successful insurance group with over 12,000 employees and more than 7 million customers. It has been enabling its customers to seize opportunities and minimise risks for all that time – Helvetia is there for them when it matters. Helvetia is the best partner and is present everywhere that protection needs arise, with insurance, pension and investment solutions from a single source as well as simple products and processes. The insurance group knows the business, from mobile phone insurance and insurance cover for the Gotthard Base Tunnel to the long-term investment of customer assets. Helvetia develops and opens up new business models with enthusiasm and drives forward its own business in a powerful and future-oriented manner. It acts with foresight and responsibility in everything it does: for the benefit of its shareholders, customers and employees as well as its partners, society and the environment.
Helvetia is the leading all-lines insurer in Switzerland. In the Europe segment comprising Germany, Italy, Austria and Spain, the company has firmly rooted market positions for generating above-average growth. In the Specialty Markets segment, Helvetia offers tailored special insurance and reinsurance cover worldwide. With a business volume of CHF 11.22 billion, Helvetia generated IFRS net income after tax of CHF 519.8 million in the 2021 financial year. The shares of Helvetia Holding AG are traded on SIX Swiss Exchange.
Cautionary note
This document was prepared by Helvetia Group and may not be copied, altered, offered, sold or otherwise distributed to any other person by any recipient without the consent of Helvetia Group. The German version of this document is decisive and binding. Versions of the document in other languages are made available purely for information purposes. Although all reasonable effort has been made to ensure that the facts stated herein are correct and the opinions contained herein are fair and reasonable, where any information and statistics are quoted from any external source such information or statistics should not be interpreted as having been adopted or endorsed as accurate by Helvetia Group. Neither Helvetia Group nor any of its directors, officers, employees and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this information. The facts and information contained in this document are as up to date as is reasonably possible but may be subject to revision in the future. Neither Helvetia Group nor any of its directors, officers, employees or advisors nor any other person makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document.
This document may contain projections or other forward-looking statements related to Helvetia Group which by their very nature involve inherent risks and uncertainties, both general and specific, and there is a risk that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include: (1) changes in general economic conditions, in particular in the markets in which we operate; (2) the performance of financial markets; (3) changes in interest rates; (4) changes in currency exchange rates; (5) changes in laws and regulations, including accounting policies or practices; (6) risks associated with implementing our business strategies; (7) the frequency, magnitude and general development of insured events; (8) mortality and morbidity rates; (9) policy renewal and lapse rates as well as (10), the realisation of economies of scale as well as synergies. We caution you that the foregoing list of important factors is not exhaustive; when evaluating forward-looking statements, you should carefully consider the foregoing factors and other uncertainties. All forward-looking statements are based on information available to Helvetia Group on the date of its publication and Helvetia Group assumes no obligation to update such statements unless otherwise required by applicable law.
Helvetia Holding AG is a Switzerland-based company of the Helvetia Group, an all-lines insurance service group. The Company divides its activities into the segments Switzerland, Germany, Italy, Spain and Other insurance units, including Austria, France and the global reinsurance business, as well as Corporate, comprising all Helvetia Group activities, financing companies and the Company itself. It operates in areas such as life business and non-life business. The life business offers life insurance, pension plans and annuities, among others. The non-life business includes property, motor vehicle, liability and transport policies, as well as health and accidental insurance coverage. The reinsurance business, among others, is included in Other activities business. It operates through its branch offices and subsidiaries, including Basler Versicherungen AG, Chiara Assicurazioni SpA and Schweizerische National-Versicherungs-Gesellschaft AG (Nationale Suisse).
HELVETIA HOLDING AG 
