AXA Financial CEO to Retire in January

December 3, 2010 (PLANSPONSOR.com) - AXA announced that Christopher 'Kip' Condron, President and CEO of AXA Financial, in charge of AXA Global Life & Savings and Health business line, and member of the Management Committee of the AXA Group, has decided to retire effective January 1, 2011.

Condron moved into his position at AXA Financial in 2001 from Mellon Financial Corporation, where he was president and head of its mutual fund business (see Mellon Financial President Condron Moving to AXA Financial).  

According to the announcement, Jacques de Vaucleroy will assume the responsibility of managing AXA Global Life & Savings and Health business line. He remains CEO of the Northern, Central and Eastern Europe Region and a member of the AXA Group Management Committee.  

Mark Pearson will be appointed President and Chief Executive Officer of AXA Financial, Chairman and Chief Executive Officer of AXA Equitable Life Insurance Company. He will also join the AXA Group Management Committee. He has been CEO of AXA Japan and a member of the AXA Group Executive Committee since 2008.  

Andrew McMahon, currently Senior Executive Vice President of AXA Equitable and President of its Financial Protection and Wealth Management business (see AXA Equitable Announces New Leader Roles), will be appointed President of AXA Equitable.  

Jean-Louis Laurent Josi will be appointed Chief Executive Officer of AXA Japan and will join the AXA Group Executive Committee. He has been CEO of AXA Gulf since 2008.  

Emmanuel de Talhouet, currently CEO of AXA Belgium, will join the AXA Group Executive Committee.

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