Todd Solash to succeed Mike Wells as Athora’s Group CEO

Athora Holding Ltd., a European savings and retirement services group, has announced the appointment of Todd Solash as Group Chief Executive Officer (CEO), succeeding Mike Wells, who will retire from his executive role in Q4, 2026.

As part of the succession plan, it is expected that Wells, Group CEO since 2022, will continue to serve the company as a Non-Executive Member of the Board of Directors.

“On behalf of the Board, I would like to thank Mike for his outstanding leadership and vision over the past three years,” said Bruce Hemphill, Chair of the Board of Directors. “Mike has significantly reshaped the Group, driving material growth and strengthening the operational foundations of the business.

“This has positioned Athora well for the next phase, as a financially robust and growing business with strong leadership. We are delighted that Mike will remain with Athora as a Non-Executive Director, and that Todd will take on the role, ensuring continuity of leadership as we build on these foundations.”

Wells and Solash will continue to work closely together throughout 2025 and 2026 to ensure the smooth transition of responsibilities.

This includes leading Athora’s entry into the UK market through the acquisition of Pension Insurance Corporation Group (PICG) – a specialist insurer of defined benefit pension schemes.

Wells commented: “It has been a great privilege to lead Athora Group and work alongside our Board, investors and talented teams across Europe. We have achieved remarkable growth and the merits of our business model are evident every day.

“The acquisition of PICG marks a critical milestone in Athora’s strategic journey and I am confident that Todd is the right person to guide the business through its next phase. Since joining Athora, he has successfully led our commercial transformation and strategy execution, driving positive customer and shareholder outcomes.”

Solash, who currently serves as Athora Group’s President & Deputy CEO, has been with the company since 2023, following his tenure at Corebridge Financial (formerly AIG Life & Retirement).

At Corebridge, he was President & CEO for Individual Retirement and Life Insurance. Prior to that, Solash led the Individual Annuity business at AXA Equitable Life Insurance Company.

“It will be an honour to be appointed as CEO of Athora Group,” said Solash. “Under Mike’s leadership, Athora has become one of Europe’s leading providers of savings and retirement services. I look forward to continuing to work with Mike, the Board and our exceptional teams, building on our momentum and remaining focused on delivering sustained value to all our stakeholders.”