AXA reveals board modifications following shareholders’ assembly

AXA has introduced some modifications to its board of administrators following its annual shareholders’ assembly held on Tuesday.

Key outcomes from the assembly embody the renewal of Antoine Gosset-Grainville’s mandate as a director for an additional four-year time period.

Following this renewal, Gosset-Grainville was reappointed as chairman of the board at some stage in his new time period.

Clotilde Delbos and Isabel Hudson had been equally renewed as administrators for 4 years. Angelien Kemna and Marie-France Tschudin additionally had their directorships prolonged, every for a time period of three years.

Moreover, Helen Browne was appointed as director upon the proposal of AXA Group’s worker shareholders. She is ready to hitch the board for a four-year time period.

With these modifications, the composition of the AXA board now stands at 15 members, with 9 girls and 6 males. 9 of the board’s members are categorized as unbiased below the standards set by the Afep-Medef Code.

Dividend distribution, committee composition additionally introduced

The assembly additionally endorsed the distribution of a €1.98 per share dividend for the fiscal 12 months 2023, in line with AXA, which is scheduled for fee on Could 6, 2024, following an ex-dividend date of April 30, 2024.

In additional developments, the board of administrators accredited the brand new composition of its key committees based mostly on suggestions from its compensation, governance & sustainability committee.

The audit committee will now be chaired by Isabel Hudson, with Clotilde Delbos, Ramon Fernandez, Angelien Kemna, and Rachel Picard as members.

The finance & danger committee will probably be headed by Ramon Fernandez, who will probably be joined by Gérald Harlin, Isabel Hudson, Ramon de Oliveira, and Clotilde Delbos.

In the meantime, the compensation, governance & sustainability committee will probably be led by Guillaume Faury. He will probably be joined by Bettina Cramm, who will function director representing the workers, Rachel Duan, and Marie-France Tschudin.

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