---
schema_version: "secwatch.filing_event.v1"
accession: "0001214816-23-000039"
form_type: "8-K/A"
ticker: "AXS"
cik: "0001214816"
company_name: "AXIS CAPITAL HOLDINGS LTD"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T01:48:43.744684+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AXIS Capital appoints Vincent Tizzio as CEO; employment agreement details disclosed

## Summary
- Vincent Tizzio named CEO and President, effective May 4, 2023, succeeding Albert Benchimol.
- Annual base salary of $1,000,000 with target annual bonus of 160% of base salary.
- Promotional equity award of $2,700,000: 40% time-based RSUs and 60% performance-based PSUs.
- Employment term through December 31, 2026, with automatic one-year renewals unless notice given.
- Severance includes 1.5x base salary plus 1.5x target bonus; 2x each for change-in-control termination.

## SEC filing metadata
- accession: 0001214816-23-000039
- form_type: 8-K/A
- ticker: AXS
- cik: 0001214816
- company_name: AXIS CAPITAL HOLDINGS LTD
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000039/0001214816-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000039/axs-20221216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214816-23-000039
- JSON: https://secwatch.observer/filing/0001214816-23-000039.json
- Plain text: https://secwatch.observer/filing/0001214816-23-000039.txt

## Key facts
- Executive change
  Albert Benchimol departed as Chief Executive Officer, President and Class III director at AXIS CAPITAL HOLDINGS LTD.
  - Action: succeeded
  - Role: Chief Executive Officer, President and Class III director
  source text: announced that Vincent Tizzio has been appointed to succeed Albert Benchimol as Chief Executive Officer, President and Class III director, effective as of the close of business on May 4, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000039/0001214816-23-000039-index.htm
- Executive change
  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
  source text: announced that Vincent Tizzio has been appointed to succeed Albert Benchimol as Chief Executive Officer, President and Class III director, effective as of the close of business on May 4, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1214816/000121481623000039/0001214816-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.