Tuesday, August 4, 2020

Oliver Schoeller becomes the new Gothaer boss

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Oliver Schoeller

The 49-year-old will take over the business from July.

(Photo: Gothaer)

Frankfurt Surprising change in management at Gothaer management: Oliver Schoeller becomes the new CEO of the insurance bank and the financial holding company of the Cologne insurance group. The 49-year-old will take over from Karsten Eichmann from the beginning of July this year, who surprisingly withdraws from the company.

“This decision has matured in me in recent months and has been made in agreement with the supervisory board,” said the outgoing CEO on Friday on the reasons for his retirement. The 58-year-old would have reached the age limit for a management board mandate in the company next year, which is why he now sees “the right time for a change at the top of the company”. Chairman of the supervisory board Werner Görg expressly thanked Eichmann, who has headed the company since 2014, for his great commitment to the company.

Karsten Eichmann

The Gothaer CEO will end at the end of June. His successor is Oliver Schoeller.

(Photo: PR)

In the middle of the 200th anniversary of the insurer and the corona crisis, the Cologne company is making an important change in personnel. The previous head of the health insurance division at Gothaer, Schoeller, has been with the insurer for twelve years.

Schoeller started his career after studying business administration in 1996 at the US consulting firm Mitchell Madison Group, with a focus on the banking and insurance sectors. He later moved to the Baldwin Bell Green management consultancy in Hamburg and New York. In 2008, the 49-year-old came to Gothaer, where he rose quickly and moved to the Management Board in 2010 as Chief Operating Officer. Schoeller has headed Gothaer Krankenversicherung AG since 2017.

Health insurance is to be expanded

Schoeller will not have much time to familiarize himself. Because the corona crisis does not leave the Gothaer untouched. A few weeks ago, however, he proved that Schoeller knows how to deal with difficult situations. Because Gothaer Krankenversicherung coordinated health management at the car supplier Webasto, where the first Corona case occurred in Germany at the beginning of the year.

The business area at Gothaer is to be expanded in the future. In addition to the processing of services in the event of illness, advice and preventive care should also be in the foreground, according to Schoeller’s strategy. “Webasto has provided valuable insights into what works here,” he told Handelsblatt in early March. You can build on that now. Internally, many should have pricked up their ears. The new CEO seems to have a clear idea of ​​how he intends to align the insurer.

200th anniversary

The insurance association celebrates its 200th anniversary in summer. Ernst Wilhelm Arnoldi founded the fire insurance bank for the German trading stand on July 2, 1820, from which the Gothaer emerged.

The management board seems firmly convinced that the insurer will continue to survive the next few centuries despite the corona crisis: Gothaer has so far wanted to celebrate the anniversary with a future congress that should take a look at the year 2220 – i.e. the time of the 400th anniversary. It could be the first big stage for Schoeller – if Covid-19 doesn’t thwart him.

More: S&P does not plan to undertake far-reaching insurance classes because of Corona

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