Day: May 7, 2026

Changes in PRIVUS AG’s Executive Leadership

A significant step in the continued development of PRIVUS AG: After more than 17 years at the helm of the company, co-founder Thomas Flothen is handing over the role of CEO to his long-time partner Oliver Schicker, effective May 1, 2026.


Since the company’s founding in 2009, Thomas Flothen has built and shaped the company with foresight, stability, and a clear focus on sustainable growth. Today, PRIVUS AG stands as an established player in the market—and is ready for the next stage of development.


With Oliver Schicker, a founding partner is taking on overall operational responsibility, representing continuity and targeted further development. The Executive Board is complemented by Petra Glettig-Tröndle (CFO / Finance) and Christian Fäh (CCO / Compliance), as well as Thomas Schmidbauer and Thomas Flothen.


Thomas Flothen will therefore continue to play a central role at PRIVUS AG—as Chairman of the Board of Directors, a member of the Executive Board, and responsible for portfolio management.


This leadership transition lays the foundation for the next chapters in the corporate development of PRIVUS AG.

Petra Glettig-Tröndle

Partner

Over 30 years of experience in the financial industry. Following her initial training, she moved directly into private banking. In 1998, she joined a foreign bank in Zurich. In 2006, she assumed leadership of the Private Banking Germany team with the rank of Vice Director, followed by a promotion in 2008 to Deputy Director and Deputy Head of Private Banking Germany. In 2009, she founded PRIVUS.

During the 1990s, alongside her professional career, she successfully completed her studies as a Business Economist (Dipl. Betriebswirtschafterin HF) as well as a postgraduate diploma in leadership.

In her private life, Petra Glettig-Tröndle enjoys spending time outdoors—whether travelling to distant countries, going on mountain tours, or tending to her old-town garden. She also enjoys staying active through ballroom dancing (Latin & Standard). A passionate cook, she loves to spoil her guests at the highest level.

Telefon: +41 44 204 20 02
petra.glettig@privusag.com