NU Online News Service, Sept. 15, 10:47 a.m.EDT

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Pierre Wauthier, 51, was named Zurich Financial Services Group'schief financial officer and member of the group executivecommittee.

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His appointment take effect Oct. 1. He will report to ChiefExecutive Officer Martin Senn.

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Wauthier replaces Dieter Wemmer, who is retiring fromZurich at the end of this year.

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Wauthier became group treasurer of Zurich in 2007 as well ashead of centrally managed businesses in 2010. He joined Zurich in1996 as corporate credit and investment risk manager and servedfrom 1999 to 2002 as head of investor relations and rating agencymanagement.

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Wauthier was named executive vice president and chief financialofficer of Zurich's wholly owned subsidiary Farmers Group, Inc. in2002.

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Before joining Zurich, he worked with J.P. Morgan in London andParis.

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Axel P. Lehmann, chief risk officer and chairman of FarmersGroup will succeed Wemmer and take on the additional role ofregional chairman.

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