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Widow Confronts Zurich Insurance Executives Over Probe Into CFO's Suicide
Keywords:
Stress and senior management- Zurich Insurance and ex-Deutsche Bank executive
09/04/2013
The suicide note left by CFO Wauthier of Zurich Insurance saying the stress on the finance department and the tense exchanges with CEO Ackermann had led him to this choice. Wauthier committed suicide at his lake Zug home. He was known as a mild mannered manager and disagreed with Ackermann on how to present the firm's lagging performance to investors- Ackermann preferring a public show of dissatisfaction and Gauthier for the company to say it was working on reaching its goals. Ackermann is known for a results oriented managment. He resigned immediately. The tragic event leaves questions about how this could have happened.
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Widow Confronts Zurich Insurance Executives Over Probe Into CFO's Suicide
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Widow Confronts Zurich Insurance Executives Over Probe Into CFO's Suicide
Wall Street Journal 04/03/2014
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