People: Axa SA (AXAF.PA)
17 Apr 2014
Mr. Peter Kraus has been Chairman & Chief Executive Officer of AllianceBernstein (United States) as well as Member of the Management Committee and Executive Committee of Axa SA since April 29, 2010. Mr. Kraus earned a BA from Trinity College and an MBA from New York University. Mr. Kraus has more than thirty years of experience in accounting and the financial markets, including investment banking, asset management, and private wealth management. He was an audit partner at Peat Marwick Mitchell & Co before joining Goldman Sachs in 1986. During his 22-year tenure at Goldman Sachs, Mr. Kraus also served as co-head of the Financial Institutions Group (FIG). He worked in FIG Tokyo from 1990 to 1991. He was named a partner at Goldman Sachs in 1994 and managing director in 1996. Mr. Kraus was co-head of Goldman Sachs' Investment Management Division for more than seven years and in addition to this role, he was a member of the firm's Management Committee, head of firm-wide strategy and Chairman of the Strategy Committee. In 2008, Mr. Kraus was appointed executive vice-president at Merrill Lynch, where he was responsible for overseeing the firm's business strategy and investments, global growth plans and opportunities. Mr. Kraus joined AllianceBernstein in December 2008 as Chairman and Chief Executive Officer. He also holds other mandates within the Axa SA group, including Director of AXA Financial, Inc. (United-States), AXA Equitable Life Insurance Company (United-States), MONY Life Insurance Company (United States) and MONY Life Insurance Company of America (United States). He also holds other mandates, including Chairman of the Supervisory Board of Cal Arts Board of Overseers and Director of Young Audiences.
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