Direct Line Insurance Group PLC CEO Penny James to Step Down

By Elena Vardon

Direct Line Insurance Group PLC said Friday that Chief Executive Penny James is stepping down from the role with immediate effect.

The non-life insurer said current Chief Commercial Officer Jon Greenwood has been named as acting CEO while the board searches for a permanent successor to Ms. James.

Ms. James will assist the transition to ensure a smooth handover, the company said.

Write to Elena Vardon at

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