AXA Financial, Inc. Vice Chairman and Chief Financial Officer Stanley B. Tulin to Retire at Year-End 2006
2006年5月17日 - 11:03PM
PRニュース・ワイアー (英語)
Will Serve as Vice Chair Emeritus NEW YORK, May 17
/PRNewswire-FirstCall/ -- AXA Financial, Inc. today announced that
Stanley B. Tulin, Vice Chairman and Chief Financial Officer of AXA
Financial, Inc. and Executive Vice President and member of the
executive committee of AXA Group, advised the company he will
retire effective December 31, 2006. The announcement was made by
Christopher M. "Kip" Condron, President and CEO of AXA Financial.
"Stan Tulin has earned a reputation as one of the finest financial,
operational and actuarial strategists in the life insurance
industry," said Mr. Condron. "He will continue to be a key member
of the executive team and lead the talented group of executives in
his organization through an orderly transition at year-end. Beyond
2006, he will be available to us in his capacity as Vice Chairman
Emeritus." In commenting on his decision, Mr. Tulin noted, "AXA
Financial has a great management team with considerable talent and
my main focus in the next seven months is being part of our
continued success and working with Kip to manage a smooth
succession process." "In his capacity as an executive of the AXA
Group, Stan Tulin has brought his considerable talents to bear in
leading our life earnings analysis and embedded value reporting
efforts as well as our global life and savings product development
initiatives," said Denis Duverne, member of AXA Group's Management
Board and Chief Financial Officer. "He has also been instrumental
in enhancing our relationship with the investor community in the
U.S. and in Europe. In that regard Stan will continue to be
involved in our investor meetings and presentations throughout
2006." Stan Tulin joined AXA Equitable in 1996 as Senior Executive
Vice President and Chief Financial Officer. In 1997 he became
Executive Vice President and Chief Financial Officer of AXA
Financial and in 1998 was named Vice Chairman and a director of AXA
Equitable. Prior to joining AXA Equitable, Mr. Tulin was
Co-Chairman of Coopers & Lybrand's Insurance Industry Practice,
with broad responsibilities for services delivered to the life
insurance industry, both domestically and internationally,
including audit, tax, actuarial, management and systems consulting.
Before joining Coopers & Lybrand, L.L.P., Mr. Tulin was with
Milliman & Robertson, Inc. for 17 years, where he developed a
large actuarial and strategic planning group that addressed a broad
range of industry issues, particularly mergers and acquisitions.
From 1983 to 1988, he served as the consulting actuary to the
Rehabilitators of the Baldwin-United Corporation Life Company
subsidiaries in rehabilitation. Mr. Tulin is a Fellow of the
Society of Actuaries; member of the Board of Trustees of The
Actuarial Foundation; Board member of the American Council of Life
Insurers and a frequent speaker at actuarial and insurance industry
conferences. Among other community activities, Mr. Tulin is a Board
member and Treasurer of the Jewish Theological Seminary; member of
the Board of Overseers at Brandeis University Graduate School of
International Economics and Finance, and active in numerous
cultural organizations. About AXA AXA Financial is one of the
premier U.S. organizations in financial protection and wealth
management through its strong brands: AXA Equitable Life Insurance
Company, AXA Advisors, LLC, AllianceBernstein, L.P., Sanford C.
Bernstein & Co., LLC, AXA Distributors, LLC, and the MONY
family of companies, including MONY Life Insurance Company, and
U.S. Financial Life Insurance Company. Member: NYSE, NASD, SIPC.
AXA Financial had approximately $643.4 billion in assets under
management as of December 31, 2005. AXA Financial is a member of
the global AXA Group, a worldwide leader in financial protection
and wealth management. AXA Group's operations are diverse
geographically, with major operations in Western Europe, North
America and the Asia/Pacific region. AXA Group had $1.3 trillion in
assets under management as of December 31, 2005. The AXA ordinary
share is listed and trades under the symbol AXA on the Paris Stock
Exchange. The AXA American Depositary Share is also listed on the
NYSE under the ticker symbol AXA. DATASOURCE: AXA Financial, Inc.
CONTACT: Mary Taylor of AXA Financial, Inc., +1-212-314-5845, Web
site: http://www.axa.com/
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