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Wemmer named CFO of Zurich Financial Services

Posted On: Nov. 9, 2006 12:00 AM CST

ZURICH, Switzerland--Dieter Wemmer has been named chief financial officer of Zurich Financial Services A.G., effective March 1, 2007, as part of a corporate reshuffling of positions, the insurer said.

Mr. Wemmer, 49, who is now chief executive of Zurich Financial's European general insurance unit, will succeed Patrick O'Sullivan, 57, who has been named to the new post of chief growth officer.

Zurich Financial said the changes were triggered by the planned retirement of Chief Operating Officer Peter Eckert on Feb. 28, 2007. That post will not be filled for the foreseeable future, according to the company.