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Pin to quick picksDirect Line Share News (DLG)

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EXECUTIVE CHANGES: Direct Line CFO retires; Aquis moves CFO to Paris

Thu, 13th May 2021 16:51

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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Direct Line Insurance Group PLC - Bromley, Kent-based motor and home insurer - Tim Harris retires as chief financial officer and board director. Harris, in post since 2019, had taken a leave of absence back in January while a family member underwent medical treatment. The treatment will take longer than expected, so Harris has decided to step down. Chief Strategy Officer Neil Manser, who had been acting as CFO, will now become CFO and an executive director.

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Aquis Exchange PLC - London-based operator of Aquis Stock Exchange - CFO & Chief Operating Officer Jonathan Clelland will move to Paris to take on the additional role of chief executive officer of Aquis Exchange Europe. Clelland replaces Graham Dick, who retires from that role and also as group head of Sales. Meanwhile, Aquis hires David Stevens in the newly created role of chief revenue officer. Stevens, who will be based in London, was CEO of foreign exchange broker Global Reach Group and previously worked for JPMorgan Chase & Co and Goldman Sachs Group Inc. "As Aquis continues to grow and we adapt to the post-Brexit landscape, we have decided to further strengthen both the team overall and, in particular, to increase our presence in Paris by basing the company CFO/COO in France rather than the UK," explains Aquis CEO Alasdair Haynes.

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CVS Group PLC - Norfolk-based veterinary services - Chair Richard Connell steps down from all board committees, after a major shareholder expressed concern about his membership of the audit committee, making the committee not fully independent. Connell had received only 75% support for reappointment at CVS's annual general meeting, and the company consulted with shareholders following this result. Additionally, the remuneration report had received 78.5% support, and CVC says it has made some changes to its long term incentive plan as a result.

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Shanta Gold Ltd - New Luika and Singida projects in Tanzania and West Kenya project in Kenya - Hires Michelle Jenkins as independent non-executive director, starting immediately. Jenkins is a chartered accountant and geologist in South Africa with 25 years' experience in the mining sector, Shanta notes. She is executive for Finance & Administration for South Africa with Orion Minerals Ltd and a non-executive director of Kumba Iron Ore Ltd, both of which are Johannesburg listings.

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Getech Group PLC - Leeds-based geoscience and geospatial products for energy market - Hire Michael Covington as non-executive director, effective immediately, while Alison Fielding will retire on June 30. Getech says Covington is an experienced renewable energy and cleantech investment director and consultant.

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GRC International Group PLC - Ely, England-based provider of products and services for IT governance, risk management and compliance - Executive Director Steve Watkins steps down from board but will remain in senior management team until the end of September. GRC says Watkins's responsibilities within the Professional Services division, IT Governance Europe Ltd, and IT Governance USA Inc will be taken over by his management team. Watkins has been with GRC since 2008.

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Impact Healthcare REIT PLC - real estate investment trust focused on healthcare properties in the UK - Hires Chris Santer as non-executive director, effective immediately. Santer is chief investment officer for FTSE 250-listed Primary Health Properties PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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10 May 2024 14:28

UK dividends calendar - next 7 days

Monday 13 May 
Games Workshop Group PLCdividend payment date
Life Science REIT PLCdividend payment date
Seed Innovations Ltdspecial dividend payment date
Smiths Group PLCdividend payment date
VinaCapital Vietnam Opportunity Fund Ltddividend payment date
Tuesday 14 May 
BlackRock World Mining Trust PLCdividend payment date
Fidelity European Trust PLCdividend payment date
InterContinental Hotels Group PLCdividend payment date
Mondi PLCdividend payment date
OSB Group PLCdividend payment date
Rathbones Group PLCdividend payment date
Uniphar PLCdividend payment date
Wednesday 15 May 
Capital Ltddividend payment date
Grit Real Estate Income Group Ltddividend payment date
Jardine Matheson Holdings Ltddividend payment date
Just Group PLCdividend payment date
Rentokil Initial PLCdividend payment date
Thursday 16 May 
abrdn Property Income Trust Ltdex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Aquila European Renewables PLCex-dividend payment date
Balfour Beatty PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCdividend payment date
BP PLCex-dividend payment date
Bunzl PLCex-dividend payment date
Churchill China PLCex-dividend payment date
EJF Investments Ltdex-dividend payment date
Essentra PLCex-dividend payment date
Fevertree Drinks PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
GSK PLCex-dividend payment date
Haleon PLCdividend payment date
Henderson Opportunities Trust PLCex-dividend payment date
Income & Growth VCT PLCex-dividend payment date
Irish Continental Group PLCex-dividend payment date
James Halstead PLCex-dividend payment date
Jarvis Securities PLCex-dividend payment date
Kingfisher PLCex-dividend payment date
M Winkworth PLCdividend payment date
Majedie Investments PLCex-dividend payment date
Manx Financial Group PLCex-dividend payment date
Mercantile Investment Trust PLCdividend payment date
Morgan Sindall Group PLCdividend payment date
Murray Income Trust PLCex-dividend payment date
Ocean Wilsons Holdings Ltdex-dividend payment date
Octopus Renewables Infrastructure Trust PLCex-dividend payment date
PageGroup PLCex-dividend payment date
Pershing Square Holdings Ltdex-dividend payment date
Princess Private Equity Holding Ltdex-dividend payment date
Property Franchise Group PLCex-dividend payment date
Prudential PLCdividend payment date
RHI Magnesita NVex-dividend payment date
Shell PLCex-dividend payment date
Spectris PLCex-dividend payment date
Supermarket Income REIT PLCdividend payment date
Target Healthcare REIT PLCex-dividend payment date
TClarke PLCex-dividend payment date
Tesco PLCex-dividend payment date
TwentyFour Select Monthly Income Fund Ltdex-dividend payment date
Unilever PLCex-dividend payment date
Vaalco Energy Incex-dividend payment date
Vector Capital PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
Friday 17 May 
AB Dynamics PLCdividend payment date
Barratt Developments PLCdividend payment date
Breedon Group PLCdividend payment date
Cairn Homes PLCdividend payment date
Direct Line Insurance Group PLCdividend payment date
Drax Group PLCdividend payment date
Finsbury Growth & Income Trust PLCdividend payment date
IMI PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
JPMorgan US Smaller Cos Investments Trust PLCdividend payment date
Kenmare Resources PLCdividend payment date
Luceco PLCdividend payment date
Morgan Advanced Materials PLCdividend payment date
Primary Health Properties PLCdividend payment date
Seneca Growth Capital VCT PLC - Class Bdividend payment date
Standard Chartered PLCdividend payment date
  
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Copyright 2024 Alliance News Ltd. All Rights Reserved.

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10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.

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8 May 2024 13:56

UK's Wood Group rejects engineering firm Sidara's 1.4 bln pound bid

May 8 (Reuters) - British oilfield services and engineering firm John Wood Group rejected a potential 1.42 billion pound ($1.77 billion) buyout proposal from Dubai-based firm Sidara on Wednesday, saying it "undervalued Wood and its future prospects".

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8 May 2024 10:01

IN BRIEF: Direct Line hails gross written premium growth

Direct Line Insurance Group PLC - Bromley-based insurance company - Says gross written premiums and associated fees in the first quarter of 22024 are up 15% to GBP892.2 million, from GBP805.7 million the year before. Says this was driven by strong growth in Motor, Home and Commercial. Chief Executive Officer Adam Winslow says: "We have seen a positive start to 2024 trading, with double-digit gross written premium growth in our Motor, Home and Commercial businesses and overall growth for ongoing operations of 15%. Claims trends and Motor margins continue to develop in line with our expectations."

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8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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8 May 2024 07:40

Direct Line Q1 premiums up on price hikes

(Sharecast News) - UK insurer Direct Line on Wednesday reported a large rise in first-quarter written premiums as it hammered consumers with price hikes.

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2 May 2024 12:30

Direct Line revamps management with three new appointments

(Alliance News) - Direct Line Insurance Group PLC on Thursday announced several new appointments, which the company's chief executive officer hailed as "central to delivering our strategy to transform the group".

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17 Apr 2024 09:33

LONDON BROKER RATINGS: BofA cuts Ashmore; JPMorgan lifts Fresnillo

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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10 Apr 2024 15:00

London close: Stocks finish higher as US inflation tops forecasts

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

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10 Apr 2024 08:51

LONDON MARKET OPEN: Stocks up ahead of US inflation data

(Alliance News) - European equities opened higher on Wednesday, as investors shook off nerves ahead of a key inflation reading from the US.

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10 Apr 2024 08:25

Direct Line hires Aviva's Jane Poole as new finance chief

(Alliance News) - Direct Line Insurance Group PLC on Wednesday named Jane Poole as its new chief financial officer.

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10 Apr 2024 07:47

LONDON BRIEFING: Stocks called up ahead of US inflation data

(Alliance News) - Stocks in London are called to open higher, as investors shake off nerves ahead of a key US inflation reading.

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10 Apr 2024 07:30

Direct Line hires finance chief from rival Aviva

LONDON, April 10 (Reuters) - British insurer Direct Line has hired a new chief financial officer, it said on Wednesday, weeks after fending off takeover interest from Belgian rival Aegas.

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10 Apr 2024 07:27

Direct Line replaces CFO with another Aviva exec

(Sharecast News) - Motor insurance group Direct Line has poached the head of finance from Aviva's general insurance unit to be its new chief financial officer, replacing its CFO of three years just weeks after a failed takeover offer from Ageas.

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