Friday Sep 29, 2023

Direct Line chief Penny James is out after divi and buyback axed amid claims surge

Penny James, former CEO of Direct Line (Direct Line) Direct Line’s Penny James became the first FTSE 350 chief executive to step down in 2023 today, in a sudden departure just two weeks after the insurer warned on profits and scrapped its dividend. The company said James was leaving the top job “with immediate effect”. […]

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