👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

Direct Line tries to poach top Aviva exec as new CEO - reports

Published 21/08/2023, 10:43
© Reuters.  Direct Line tries to poach top Aviva exec as new CEO - reports
AV
-
FTMC
-
DLGD
-

Proactive Investors - Direct Line Insurance Group PLC (LON:DLGD) (LSE:DLG), the struggling motor insurer, has approached one of the most senior executives at rival Aviva (LON:AV) to become its new boss, according to reports

Sky News has learnt that the FTSE 250 group, whose brands include Churchill and Green Flag, has been holding talks with Adam Winslow about taking over as its CEO.

The report said it was unclear whether Winslow would take the role or whether other candidates remained in talks with Direct Line.

Direct Line has been searching for a new chief since January, when Penny James stepped down in the wake of a string of profit warnings and a decision to axe its dividend.

Winslow has been with Aviva for less than three years, having joined as CEO of its international operations in January 2021.

Read more on Proactive Investors UK

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.