Zurich Probe Finds No ‘Undue Pressure’ Put on Late CFO
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Zurich Insurance Group AG, Switzerland’s biggest insurer, said a probe into the suicide of Pierre Wauthier showed that no “undue pressure” was exerted on the chief financial officer before his suicide in August.
“The investigations found no indication that Pierre Wauthier was subjected to any undue or inappropriate pressure,” the Zurich-based insurer said in a statement today, citing the review overseen by the Swiss Financial Market Supervisory Authority, or Finma, the country’s regulator.