Christopher M. "Kip Condron was named president and CEO of AXA Financial and will join the management board of the parent company, AXA Group.
Mr. Condron succeeds Edward D. Miller, who will remain with AXA Group as a member of its supervisory board and as a senior adviser to Henri de Castries, CEO of AXA Group.
As part of this management transition, Mike Hegarty, AXA Financial COO, will leave the company; he will not be replaced. Mr. Hegartys plans are not known.
Mr. Condron was president and COO of Mellon Financial and chairman and CEO of Dreyfus, Mellons mutual fund subsidiary. He will not be replaced at Mellon, said Ken Herz, a Mellon spokesman. Stephen E. Canter will become chairman and CEO of Dreyfus, where he was president, COO and chief investment officer. Mr. Canter and Ronald P. OHanley, president of Mellon Institutional Asset Management, were appointed to Mellon Financials executive management group.