SIX’s CFO resigns after six years

SIX Group CFO Stefan Mäder will leave the position at his own request after six years in the role.

The Swiss exchange will choose his successor by February 2017 with Mäder continuing in the role until a replacement has been appointed.

During his time with SIX, Mäder has overseen the implementation of the International Financial Reporting Standards (IFRS) as the accounting standard as well as the sale of its stake in Eurex and STOXX to Deutsche Boerse.

“Under Stefan Mäder’s leadership, finance and risk functions were further developed and given a strong international orientation,” said Urs Rüegsegger, Group CEO SIX.

“His work created an important foundation for the profitable growth of SIX.”

Mäder joined the Swiss firm in 2010 from Zurich Financial Services where he had been since 1996, and since 2007 had been CFO of Europe General Insurance. Prior to this Mäder trained as an economist and analyst with the Swiss National Bank.

“Stefan Mäder used his vision and enthusiasm to help promote SIX as an
international company,” said Alexandre Zeller, Chairman of the board.

“The Board of Directors would like to thank him for his strong personal dedication and commitment and wishes him all the best for the future.”