At its meeting on 18 May, the Supervisory Board of Wüstenrot & Württembergische AG (W&W) renewed the contract with Chairman of the Executive Board Jürgen A. Junker (50), which was set to expire in 2021. The new contract has a term of five years and runs until 2026. Junker has been CEO of W&W AG since 2017. In addition, the Supervisory Board appointed Alexander Mayer (45) to the Executive Board of the holding company W&W AG, effective 1 September 2020. He will be taking the place of Dr. Michael Gutjahr (63), who is retiring effective 1 September 2020 after 32 years with the W&W Group and its predecessor companies, including 21 years as a member of the Executive Board. Alexander Mayer has been CFO of Württembergische Versicherungen since 2019 and management spokesman for W&W Asset Management GmbH since 2015. He will now additionally assume the investments and accounting remit on the Executive Board of W&W AG. Mayer has a degree in industrial engineering. He joined the W&W Group in 2002. In addition, the supervisory board members of the companies have renewed the contracts with other members of their executive boards, in some cases over the past several months. The contracts with Jens Wieland (54), member of the W&W Executive Board, Bernd Hertweck (53), CEO of Wüstenrot, and Thomas Bischof (45), CEO of Württembergische, were each extended by five years until 2025 or 2026.