Wauthier wrote in suicide note that he was “badly treated”, sources allege
The Zurich Insurance Group finance chief who was found dead at his lakeside home last week complained in a suicide note that he was “badly treated” by the company’s former chairman Josef Ackermann, it has been alleged.
The accusation was published in Switzerland’s Tages-Anzeiger newspaper, following Pierre Wauthier’s apparent suicide on Monday last week and the sudden resignation of Ackermann on Thursday.
The newspaper quoted unnamed company sources who claimed to have read the 53-year-old’s suicide note. The sources said Wauthier’s reasons for taking his own life had been “purely emotional” and that he had “felt badly treated and that his work was not valued” by Ackermann.
In the note, Ackermann, 65, was also accused of running the company badly and of bringing an “aggressive form of dialogue” to the concern.
Zurich Insurance Group has announced that it will conduct its own investigation into the death of Wauthier, whose body was found at his lakeside home outside Zurich. The company said it wanted to establish whether Wauthier had been subjected to “unjustifiable pressure”.
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