Direct Line Names Danuta Gray As Successor To Outgoing Chair Biggs

(Alliance News) - Direct Line Insurance Group PLC on Thursday said it has appointed current ...

Alliance News 14 May, 2020 | 2:58PM
Email Form

(Alliance News) - Direct Line Insurance Group PLC on Thursday said it has appointed current Non-Executive Director Danuta Gray as its new chair, effective from August 4.

The FTSE 250-listed home and motor insurer said Gray will take over from Mike Biggs whose resignation was announced in March.

Gray is currently chair at property investment & development company St. Modwen Properties PLC and senior independent director of lender & savings bank Aldermore Group PLC. She was previously a non-executive director of financial services company Old Mutual Group PLC, and recruitment firm PageGroup PLC. She has been a member of Direct Line's board since March 2018.

"I am very pleased that my colleagues on the DLG board have chosen Danuta to succeed me. She has all of the skills and experience to preserve and develop the enviable culture of the group and the board," Biggs said.

Shares in Direct Line were trading 3.6% lower at 260.10 pence each on Thursday afternoon in London.

By Ife Taiwo;

Copyright 2020 Alliance News Limited. All Rights Reserved.

Email Form

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Direct Line Insurance Group PLC 282.40 GBX 3.52

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies