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Several execs to leave XL Group after AXA deal closes


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Several execs to leave XL Group after AXA deal closes

XL Group Ltd., which agreed to be acquired by AXA, said several executives will step down after the deal closes.

Chief Actuary Susan Cross, General Counsel Kirstin Gould, Chief Experience Officer Paul Jardine and Chief Human Resources Officer Eileen Whelley will leave XL Group after the merger is completed.

Following their departure, CFO Steve Robb will oversee actuarial reserving, and senior human resource business partner Nikki Gonzalez will take charge of human resources. Sean McGovern, XL Catlin's chief compliance officer and head of regulatory and government affairs, will take responsibility for claims and legal and compliance.

Myron Hendry will remain chief platform officer and will lead the integration from the XL Catlin side after the deal closes. Adi Spieler will continue as chief platform officer for insurance and is expected to take a new role within AXA Group following the closing.

In the insurance business, Chief Executive for Global Lines Douglas Howat will leave the company.

Neil Robertson, chief executive for insurance underwriting, will become chief executive for global specialty, while Jason Harris, chief executive for international insurance, will become chief executive for global property and casualty. Both appointments will take effect July 1.

Kelly Lyles, who is XL Catlin's chief executive for client and country management, will lead XL Catlin's communications and marketing after Jardine's departure.

XL Catlin is also making changes to its data and analytics group, which includes innovation efforts, led by Chief Executive for Insurance Pricing and Analytics Paul Shedden. Effective July 1, Shedden's team will include the company's enterprise data efforts, led by Henna Karna, and its Accelerate business, led by Vincent Branch. Paul Brand, who is leading XL Catlin's Accelerate team, will leave at the end of June.

Some senior AXA officials will take additional responsibilities amid the acquisition.

Doina Palici-Chehab, executive chair of AXA CS, AXA Art and AXA Matrix, will take on the additional role of the chief integration officer and will be responsible for overseeing the integration planning process of the companies.

Rob Brown, CEO of AXA CS, will also support the integration planning as senior adviser. Alison Black, head of human resource for AXA CS, will take on the additional responsibility of human resource development supporting the integration for AXA.

Matthieu Caillat, CEO of AXA CS France and deputy global chief underwriting officer of AXA CS, will take charge of preparing the outline of a future chief operating office function, partnering with Hendry and Spieler until the integration.

Noel Richardson, who is group head of life, savings and health insurance and risk management at AXA, will take charge of preparing the outline of the future risk management function and supporting the integration of XL within AXA’s broader risk management standards until the deal's closing.