Following the death of Stefan Lippe, director of the Company and Chairman of the Audit Committee, AXA’s Board of Directors, upon recommendation of its Compensation & Governance Committee, decided to designate Irene Dorner, director of the Company and member of the Audit Committee since April 2016, as Chairwoman of the Audit Committee. Irene Dorner should remain Chairwoman for approximately a year.
The Board of Directors, upon recommendation of its Compensation & Governance Committee, also decided to propose to the AXA’s annual Shareholders’ Meeting to be held on June 30, 2020, to renew Irene Dorner’s mandate as member of the Board of Directors.
I would like to thank Irene Dorner, member of the Audit Committee for the last four years, who has agreed to take over Stefan Lippe’s position as Chairwoman of the Audit Committee, and to propose the renewal of her mandate as director at our next Shareholders’ Meeting. I am glad that the Board continues to benefit from her expertise and experience.