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Stock impact report

AXA CFO Harlin retires as CEO pursues top management overhaul [Reuters]

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Reuters
AXA CFO Harlin retires as CEO pursues top management overhaul PARIS, June 20 (Reuters) - French insurance company AXA said longtime Chief Financial Officer Gerald Harlin will retire at the end of the year as part of a three-year management overhaul overseen by CEO Thomas Buberl. Etienne Bouas-Laurent, currently CEO of AXA Hong Kong, will become deputy CFO on Sept. 1 and replace Harlin in early 2020, in a move that underscores Buberl’s focus on the Asian markets. Harlin, 63, has been CFO since 2010 and held management positions in the group since he was poached from oil company Total in 1990, AXA said. Since he was appointed as overall CEO of AXA 2016, Buberl has overseen major changes at the company including a $15 billion acquisition of Bermuda-based insurer XL and divestment of its U.S. life-insurance AXA Equitable Holdings. Alongside focusing AXA more on property damage and health insurance, Buberl has overhauled the French company’s top management and replaced senior executives. O Show less Read more
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