Saturday July 11, 2020

Zurich suicide aftermath threatens Ackermann’s legacy

Josef Ackermann tried to shake up Zurich Insurance Group. Now, allegations that he was partly responsible for the suicide of the chief financial officer are casting a shadow over his 35-year-long career.

3rd September, 2013
Josef Ackermann.

Josef Ackermann tried to shake up Zurich Insurance Group. Now, allegations that he was partly responsible for the suicide of the chief financial officer are casting a shadow over his 35-year-long career.

Pierre Wauthier, who was found dead on Aug. 26 at his home near Zug, Switzerland, mentioned Ackermann in a suicide note. The Swiss native, 65, quit as chairman three days later and called the allegations “unfounded.” Zurich Insurance, facing renewed concerns about its...

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