Axis Capital appoints Vincent Tizzio as future CEO; Albert Benchimol to retire in May 2023

AXIS CAPITAL HOLDINGS LTD

Albert Benchimol to step down as President & CEO on May 4, 2023, after 10-year tenure; will serve as strategic advisor through Dec 31, 2023.
Vincent Tizzio, currently CEO Specialty Insurance & Reinsurance, to succeed as President & CEO and join Board as Class III director.
Tizzio joined AXIS in Jan 2022 as Senior Advisor; previously EVP at The Hartford and CEO of Navigators Management Company.
Benchimol will receive vesting of unvested equity awards and other payments per employment agreement upon retirement conditions.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Albert Benchimol

Chief Executive Officer and President

AXS · AXIS CAPITAL HOLDINGS LTD

Effective: 2023-05-04
Successor: Vincent Tizzio
Filed: December 20, 2022, 6:59 PM ET

Albert Benchimol, the Company’s current Chief Executive Officer and President, will be leaving the Company effective December 31, 2023 timed to the completion of his employment agreement.

Appointed

Vincent Tizzio

Chief Executive Officer, President and Class III director

AXS · AXIS CAPITAL HOLDINGS LTD

Effective: 2023-05-04
Filed: December 20, 2022, 6:59 PM ET

the Board of Directors of AXIS Capital Holdings Limited, a Bermuda company (the “Company”), appointed Vincent Tizzio to succeed Albert Benchimol as Chief Executive Officer, President and as a Class III director, effective as of the close of business on the date of the Company’s annual general meeting currently scheduled for May 4, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Albert Benchimol departed as Chief Executive Officer and President at AXIS CAPITAL HOLDINGS LTD.

Action: leaving
Role: Chief Executive Officer and President

Exact text from the filing

Albert Benchimol, the Company’s current Chief Executive Officer and President, will be leaving the Company effective December 31, 2023 timed to the completion of his employment agreement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Vincent Tizzio was appointed as Chief Executive Officer, President and Class III director at AXIS CAPITAL HOLDINGS LTD.

Action: appointed
Role: Chief Executive Officer, President and Class III director

Exact text from the filing

the Board of Directors of AXIS Capital Holdings Limited, a Bermuda company (the “Company”), appointed Vincent Tizzio to succeed Albert Benchimol as Chief Executive Officer, President and as a Class III director, effective as of the close of business on the date of the Company’s annual general meeting currently scheduled for May 4, 2023.

View on SEC.gov

AXIS CAPITAL HOLDINGS LTD filing history →

Source: SEC EDGAR

accession 0001104659-22-128468

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