LOGO
LOGO

Quick Facts

Direct Line Insurance Announces Board Changes, Subject To Scheme Becoming Effective

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Direct Line Insurance Group plc announced that Adam Winslow and Jane Poole have agreed to step down from their respective positions as CEO and CFO of Direct Line and from the Direct Line Board. Both will serve the first two months of their notice period on garden leave, during which time they will remain available for transitional support. The current Non-Executive Directors of Direct Line, Danuta Gray, Richard Ward, Tracy Corrigan, Mark Gregory, Carol Hagh, Adrian Joseph OBE, Mark Lewis, Fiona McBain, David Neave, and Gregor Stewart intend to resign from the Direct Line Board.

Aviva intends to appoint new directors for Direct Line: Jason Storah - CEO; Stephen Pond - CFO; Ian Clark - Chair; Deepak Haria; Fiona Fry; Chris Clark; Cristina Nestares; Wes Scott; Rees Aronson; and Charlotte Jones.

On 17 June 2025, Aviva and Direct Line announced that all conditions relating to the receipt of regulatory and antitrust approvals had been satisfied or waived and that, the Court Sanction Hearing had been scheduled for, and the Scheme is expected to become Effective on, 1 July 2025.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.