Athora announces completion of planned CEO succession

Pembroke, Bermuda, 21 May 2026 – Athora Holding Ltd. (Athora or the Group), a leading European 
savings and retirement services group, today announces that Todd Solash has assumed the role of 
Group Chief Executive Officer (CEO), completing the succession plans announced in October 2025. 
Todd succeeds Mike Wells, who had served as Group CEO since 2022. Mike will retire from his 
executive role but continue to support Athora as a Non-Executive Board Advisor.

Todd assumes the role of Group CEO as Athora enters its next transformative phase. Recently, the 
Group completed the acquisition of Pension Insurance Corporation and associated €3.5bn common 
equity rights issue, making Athora one of Europe’s largest savings and retirement services groups
with €139 billion of Assets under Management and Administration (AuMA) and serving more than 
three million customers.

Bruce Hemphill, Chair of Athora’s Board of Directors, said:
“On behalf of the Board, I would again like to thank Mike for his outstanding leadership and the 
lasting contribution he has made to Athora during his time as CEO. We are delighted that Todd has 
now assumed the role of Group CEO, providing continuity of leadership as Athora enters its next 
phase.”

Todd Solash, Group Chief Executive Officer, said:
“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.”