Thomas Wellauer to leave Munich Re’s Supervisory Board
As of 30 September 2010, Thomas Wellauer (55) will cease to be a member of Munich Reinsurance Company’s Supervisory Board. Wellauer, a businessman and member of the Executive Committee of Novartis International AG until 31 January 2010, will become new Chief Operations Officer and Member of the Executive Committee of Swiss Re (Schweizerische Rückversicherungs-Gesellschaft AG) with effect from 1 October 2010.
Thomas Wellauer has been a member of Munich Re’s Supervisory Board since the Annual General Meeting on 22 April 2009. Hans-Jürgen Schinzler, Chairman of the Supervisory Board of Munich Re, thanked him for his work: “During his term of office on the Supervisory Board of Munich Re, Dr. Wellauer made a valuable contribution thanks to his broad international experience not only in the financial services sector but also in the industrial sector.
A decision on a successor for Wellauer will be taken at the Annual General Meeting on 20 April 2011 at the latest.
This media information contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.