Athora completes CEO succession

Athora Holding , a European savings and retirement services group, announced the completion of its planned CEO succession, with Todd Solash formally assuming the role of group chief executive officer.

Solash succeeds Mike Wells, who had served as group CEO since 2022. Wells will retire from his executive position and continue supporting the company as a non executive board advisor.

The leadership transition follows Athora’s acquisition of Pension Insurance Corporation and a related €3.5 billion common equity rights issue. Following the transaction, Athora said it now manages €139 billion in assets under management and administration and serves more than three million customers across Europe.

Chair Bruce Hemphill said the appointment provides leadership continuity as the group enters its next phase of growth. Solash said Athora will continue focusing on expanding its European savings and retirement services operations.

“I am honoured to take on the role of Group CEO and to build on the strong foundations established  under Mike’s leadership. Athora has evolved into a leading European savings and retirement services group, underpinned by robust operations and a strong capital base. I look forward to working with colleagues, across the Group, to deliver on the next phase of our strategic journey.” – Solash.