FIFA Names Finance Chief

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(WFI) Thomas Peyer from Switzerland started in the role of FIFA’s chief finance officer today, replacing Markus Kattner who was fired in a corruption scandal.

Peyer joins from Kuoni Group where he was group CFO.

He has 25 years' experience in the financial sector. Peyer previously worked as a project manager for AXA Winterthur Insurance in Zurich and London.

FIFA sacked deputy secretary general Kattner in May after a 13-year career at the federation for breaching ethics rules. The 45-year-old is alleged to have awarded himself bonuses running to millions of dollars over a number of years.

In June, an internal investigation by FIFA attorneys found evidence that Kattner, along with former FIFA bosses Sepp Blatter and Jerome Valcke, had enriched themselves through annual salary increases, World Cup bonuses and other incentives to the tune of more than $80 million in the last five years.

By INSIDER editor Mark Bisson

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