Gary Hirschkron to Head AXA Equitable Wholesale Life Insurance Unit
May 05 2008 - 9:07AM
PR Newswire (US)
NEW YORK, May 5 /PRNewswire-FirstCall/ -- Gary Hirschkron has been
appointed President of AXA Partners, the life insurance business
unit of AXA Distributors, LLC. based in Farmington, CT. The
announcement was made today by Jamie Shepherdson, Executive Vice
President of AXA Equitable Life Insurance Company and President of
AXA Distributors, LLC., the company's proprietary life insurance
and annuity wholesale distribution organization. Mr. Hirschkron has
held a leadership position in AXA Partners since 2006, serving as
Managing Director. In making today's announcement, Mr. Shepherdson
said that "Our life insurance wholesale business has been one of
our fastest growing segments. Gary's management, energy, and keen
customer focus has been integral to our increased market share. In
his new leadership role, I am confident Gary will leverage our
innovative protection products, underwriting expertise, sales
talent, and advance case design support to drive AXA Partners
toward our goal of becoming a leader in third-party life
distribution." Mr. Hirschkron joined AXA Equitable in 2002 as
Senior Vice President and Actuary in Life Marketing & Product
Development. In that role, he worked with Product Management and
Pricing to analyze competitive position, research market trends,
and seek and incorporate sales distribution feedback to develop a
product from concept to launch. He also led a sales support team,
helping producers understand how to best position AXA Equitable
products. Prior to joining AXA Equitable, Mr. Hirschkron was
President of Management Compensation Group Northwest (MCG), LLC. in
Portland, Oregon, a founding firm of the M Financial Group. MCG
Northwest designed, funded and administered COLI-funded executive
benefit programs. Previously, Mr. Hirschkron was a supervisor in
the benefits consulting division of Touche, Ross & Co. in New
York. Mr. Hirschkron earned an A.B. in Modern European History from
Princeton University. He is a Fellow of the Society of Actuaries
and a General Securities Principal. About AXA Equitable In business
since 1859, AXA Equitable Life Insurance Company is a leading
financial protection company and one of the nation's premier
providers of life insurance, annuity, and investment products and
services. AXA Equitable's assets under management totaled $888.6
billion as of December 31, 2007. The company's products and
services are distributed to individuals and business owners through
its retail distribution channel AXA Advisors, LLC; to the financial
services market through its wholesale distribution channel, AXA
Distributors, LLC; and to corporations and their employees through
its corporate distribution channel, Corporate Markets. AXA
Equitable, a subsidiary of AXA Financial Inc., is part of the
global AXA Group, a worldwide leader in financial protection
strategies and wealth management. AXA Group's operations are
geographically diverse, with major operations in Europe, North
America, and the Asia/Pacific region. AXA Group is listed as the
15th largest company in the world on the 2007 Fortune Global 500
list (based on revenues). It had $1.87 trillion in assets under
management as of December 31, 2007. Listed on the Paris Stock
Exchange, the AXA ordinary share trades under the symbol AXA. The
AXA American Depositary Share is listed on the New York Stock
Exchange under the ticker symbol AXA. Life insurance products are
issued by AXA Equitable Life Insurance Company or an affiliate and
distributed by AXA Distributors, LLC an affiliate of AXA Equitable,
both located at 1290 Avenue of the Americas, New York, NY 10104.
DATASOURCE: AXA Equitable CONTACT: Discretion Winter of AXA
Equitable, +1-212-314-2968, Web site: http://www.axa-equitable.com/
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