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Martin Senn

Martin Senn

Martin Senn was Chief Executive Officer of Zurich Insurance Group Ltd (Zurich).

He joined Zurich as Chief Investment Officer in 2006 and became a member of the Group Executive Committee.

He was appointed Chief Executive Officer of the team in August 2009, effective January 1, 2010, but stepped down from the position in December 2015.

Death

On May 27, 2016 he committed suicide in his apartment.

The company's previous CFO, Pierre Wauthier, committed suicide in August 2013.

These suicide's have triggered discussions of the company culture at Zurich.

Senn mentioned the company's chairman in his suicide note, but authorities are not elaborating on the extent of that mention.

From early 2015 to early 2016, Zurich's shares lost 40% of their value.

This was largely due to a pending payout of $275 million in relation to a port explosion in Tianjin, China.

References

[1]
Citation Linkspeakerpedia.comSpeakerpedia
Jan 25, 2016, 3:00 AM
[2]
Citation Linkmoney.cnn.comAn article about the expensive payout for Tianjin
May 30, 2016, 9:08 PM
[3]
Citation Linkmoney.cnn.comHis suicide note
May 30, 2016, 9:09 PM
[4]
Citation Linkmoney.cnn.comHe died
May 30, 2016, 9:10 PM