Instruct: Given a premise, retrieve hypotheses that are entailed by the premise.
Query: FRANKFURT, Oct 2 (Reuters) - Allianz extended the contract of Chief Executive Michael Diekmann by less than expected on Thursday, saying it would appoint Oliver Baete as the new chief of Europe’s largest insurer from May 7 next year. Diekmann’s current contract was due to expire in December, when he will also have turned 60, the traditional retirement age for top executives at the insurer but investors widely expected him to stay in his role for a further one to two years.
The Contract of Chief Executive Michael Diekmann was extended by Allianz by less than expected
Andrew Beaton is old.
It takes 30 years of service working for L'Oreal for any employee to become deputy chief executive.
The time for a new commander in chief is now.
People in Europe should consider retiring at younger ages
Some traders are past the age of retirement.
the angel is nearly 80 years old
Manu will retire in 2020.
Alexander will retire soon from politics.
Alan is a federal chairman
Alix is a senior.
Oliver Baete is a man. 
Helmut Kohl will retire due to poor health.
Jose Riera is now the CFO.
The HR manager career path is quite long.
Emily will keep her position for a long time.
The company has fired a CEO in the past
Anthony Paul Beke is over 100 years old.
Todd Bodine is planning to retire.
Annunaki is retiring after this episode.
The minister will retire next year
Luciano Chailly was over 80 years old when he died
Allianz is based in Germany
Michael Diekmann was let go
Insurance companies in Europe are publicly traded.  