Wednesday, November 30th, 2022

AXA names new board chair – CEO to remain

AXA names new board chair – CEO to stay

AXA shareholders accredited all resolutions submitted to them by the board of administrators on the firm’s annual shareholders’ assembly Thursday. This implies, CEO Thomas Buberl was reappointed by AXA shareholders as a member of the board of administrators, whereas Antoine Gosset-Grainville was appointed as chairman of the board of administrators, succeeding Denis Duverne.

“It’s with nice emotion that I go away the chairmanship of AXA right now,” Duverne stated. “I had the privilege of succeeding Henri de Castries on this position and of accompanying Thomas Buberl in his profitable transformation of the group, with the assist of the board of administrators. I want to categorical my gratitude to the men and women of AXA. their dedication, their cohesion, and their potential to surpass themselves have at all times been a supply of motivation and satisfaction for me. I’m very assured in AXA’s future. The group is strong and robust, with a strategic imaginative and prescient and a goal tailored to the challenges of our time. It’s going to proceed to have the ability to depend on very high-quality governance and profit from the skills of Antoine Gosset-Grainville and Thomas Buberl.”

In the meantime, Gosset-Grainville spoke of his “honor” at transferring into the position.

“I want to thank Denis Duverne and Thomas Buberl for his or her assist and collaboration over the previous yr,” he stated. “Due to this well-prepared transition, the board of administrators, in assist of Thomas Buberl and his groups, stays completely outfitted to face an unsure setting and to arrange the group for its long-term challenges.”

Buberl too spoke – each in regards to the change in chairmanship and his personal renewal.

“I want to categorical my gratitude to Denis Duverne for his belief and recommendation over time,” he stated. “The group will lengthy be marked by all that he has contributed all through his distinctive profession. Since 2016, his assist has been decisive in driving the group’s transformation. I’m very happy that Antoine Gosset-Grainville will change into chairman of AXA, and I stay up for drawing on his expertise and imaginative and prescient. I’d additionally prefer to thank the shareholders and the members of our board of administrators for his or her renewed confidence. I’m extraordinarily captivated with beginning this new mandate and really optimistic about the way forward for the group, which has as soon as once more demonstrated its power in the course of the sanitary disaster. All AXA groups are mobilized with me to efficiently implement the Driving Progress 2023 strategic plan.”

Learn subsequent: AXA in talks to snap up controlling stake in insurance coverage enterprise

Amongst different resolutions, AXA’s shareholders accredited:

  • The renewal of the time period of workplace of board member Rachel Duan for a time period of 4 years and of André François-Poncet for 2 years
  • The ratification of the cooptation of Clotilde Delbos as a board member for the remaining time period of her predecessor, till the shareholders’ assembly in 2024 to approve the accounts of the earlier monetary yr
  • The appointment of Gérald Harlin and Rachel Picard as members of the board for a time period of 4 years
  • The fee of a dividend of €1.54 per share (about $1.62) per share for the monetary yr 2021, with fee on Might 10

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