Ackermann Resigns From Zurich Board After CFO’s Suicide

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Zurich Insurance Group AG Chairman Josef Ackermann resigned after the company’s finance chief died in a suspected suicide.

“The unexpected death of Pierre Wauthier has deeply shocked me,” Ackermann said in a statement today. “I have reasons to believe that the family is of the opinion that I should take my share of responsibility, as unfounded as any allegations might be.”