Vienna Insurance Group (VIG) has announced that Hartwig Löger will take over the Chairman’s position of the Managing Board from Elisabeth Stadler.
According to the firm, at the end of August 2022, Stadler announced she would not renew her mandate, which runs until 30 June 2023.
She has been CEO of VIG since January 2016 and will end her operational career after almost 40 years in the insurance industry, 20 years of them in Managing Board functions. She will continue to perform Supervisory Board functions within the Group.
Löger will take over as CEO of VIG on 1 July 2023. He started his career in the insurance industry in 1985 and joined the Group in 1997 as head of sales for Donau Versicherung, a position he held until 2002.
He has been a member of the VIG Managing Board since January 2021 and Deputy CEO to Elisabeth Stadler since mid-September 2021.
Peter Höfinger, will become Deputy Chairman of the Managing Board as of 1 July 2023. He has been working for the Group since 2003 and has been a member of the Vienna Insurance Group Managing Board since 2009.
Peter Thirring, who also has a nearly 40-year career in the insurance industry, will retire and leave the VIG Managing Board at the end of June and will assume the role of Supervisory Board member of Vienna Insurance Group as of July.
He was General Manager of Donau Versicherung from 2016 to 2018 and has been a member of the Vienna Insurance Group Managing Board since 2017.
From July 2023 onwards, the VIG Managing Board will comprise six instead of eight members: Hartwig Löger as CEO, Peter Höfinger as Deputy CEO, Liane Hirner as Chief Finance and Risk Officer, Gerhard Lahner as Chief Operations Officer, Gábor Lehel as Chief Innovation Officer and Harald Riener for Retail.
All Managing Board mandates run until 30 June 2027, VIG added.
