AXA has announced some changes to its board of directors following its annual shareholders’ meeting held on Tuesday.
Key outcomes from the meeting include the renewal of Antoine Gosset-Grainville’s mandate as a director for another four-year term.
Following this renewal, Gosset-Grainville was reappointed as chairman of the board for the duration of his new term.
Clotilde Delbos and Isabel Hudson were similarly renewed as directors for four years. Angelien Kemna and Marie-France Tschudin also had their directorships extended, each for a term of three years.
Additionally, Helen Browne was appointed as director upon the proposal of AXA Group’s employee shareholders. She is set to join the board for a four-year term.
With these changes, the composition of the AXA board now stands at 15 members, with nine women and six men. Nine of the board’s members are classified as independent under the criteria set by the Afep-Medef Code.
The meeting also endorsed the distribution of a €1.98 per share dividend for the fiscal year 2023, according to AXA, which is scheduled for payment on May 6, 2024, following an ex-dividend date of April 30, 2024.
In further developments, the board of directors approved the new composition of its key committees based on recommendations 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 & risk committee will be headed by Ramon Fernandez, who will be joined by Gérald Harlin, Isabel Hudson, Ramon de Oliveira, and Clotilde Delbos.
Meanwhile, the compensation, governance & sustainability committee will be led by Guillaume Faury. He will be joined by Bettina Cramm, who will serve as director representing the employees, Rachel Duan, and Marie-France Tschudin.
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