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Direct Line Appoints New Chief Risk Officer with Strategic Share Awards
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Direct Line Appoints New Chief Risk Officer with Strategic Share Awards

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Direct Line Insurance ( (GB:DLG) ) has shared an update.

Direct Line Insurance Group PLC announced the appointment of Maz Bown as Chief Risk Officer, effective December 23, 2024. To compensate for remuneration arrangements forfeited from her previous employer, Ms. Bown received a Restricted Share Award and an award under the company’s Long Term Incentive Plan, reflecting DLG’s ongoing commitment to competitive remuneration packages for key executives. This move underscores the company’s strategic focus on maintaining strong leadership and aligns with its remuneration policy, potentially impacting the company’s operational stability and stakeholder confidence.

More about Direct Line Insurance

Direct Line Insurance Group PLC operates in the insurance industry, providing a range of insurance products including car, home, and travel insurance. The company is focused on delivering comprehensive insurance solutions to individuals and businesses in the UK market.

YTD Price Performance: 38.06%

Average Trading Volume: 4,662,447

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.16B

For an in-depth examination of DLG stock, go to TipRanks’ Stock Analysis page.

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