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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Direct Line Insurance Group Plc | LSE:DLG | London | Ordinary Share | GB00BY9D0Y18 | ORD 10 10/11P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.10 | -1.09% | 190.40 | 190.30 | 190.60 | 192.40 | 189.80 | 190.60 | 111,845 | 11:22:59 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fire, Marine, Casualty Ins | 2.86B | 222.9M | 0.1700 | 11.22 | 2.5B |
TIDMDLG
RNS Number : 8666B
Direct Line Insurance Group PLC
12 June 2019
Direct Line Insurance Group plc
12 June 2019
Directorate change
The Board of Direct Line Insurance Group plc announces that it has agreed with Mike Holliday-Williams that he will step down as a Director on 30 June 2019.
Mike joined DLG as Managing Director of its Personal Lines businesses in July 2014 and was appointed to the Board as an Executive Director on 1 February 2017.
Penny James, Chief Executive of DLG, said: 'Mike has been an exceptional leader of our Personal Lines business. He has delivered growth and improved the trading effectiveness of our Own Brands through a passionate focus on customers while building capability for the future and developing the strong senior management team that succeeds him. He has been a valued member of the team; we will miss him and he leaves with our very best wishes.
I am delighted to announce three appointments to DLG's Executive Committee which will help us in our drive to strengthen our capability and efficiency. Kate Syred as Managing Director of Household & Partnerships; Gus Park as Managing Director of Motor, Pricing & Underwriting; and Mark Evans as Managing Director of Marketing & Digital will join the Executive Committee on 1 July 2019.'
Mike Biggs, Chairman of DLG, said: 'Mike has made an outstanding contribution to DLG over the last five years. He embodies DLG's values, always prioritising the interests of customers. On behalf of the DLG Board, I would like to thank him for everything that he has achieved over that time and particularly for his exemplary conduct during and after the process to select a new Chief Executive. We wish him every success in his future career.'
Mike Holliday-Williams, MD of Personal Lines, said: 'It has been a privilege to lead DLG's Personal Lines businesses. This is a great company with amazing people and I wish it well for the future.'
Information required to be published pursuant to section 430(2B) of the Companies Act 2006 will appear on the Group's website on 30 June 2019.
-ENDS-
For further information please contact:
Roger Clifton
Company Secretary
Tel: +44 (0) 1651 831 956
For investor and media enquiries please contact:
Andy Broadfield
Director of Investor Relations and Capital
Tel: +44 (0) 1651 831 022
Lisa Tremble
Head of External Affairs
Tel: +44 (0)1651 834 211
LEI: 213800FF2R23ALJQOP04
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
BOAMMGMVDMNGLZM
(END) Dow Jones Newswires
June 12, 2019 06:30 ET (10:30 GMT)
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