Aviva plc ("Aviva" or the "Company") announces that Jason Windsor has resigned as CFO and as a Director of the Company with effect from July 2022, to take up the position of CFO at Persimmon plc (“Persimmon”).
Over the next six months Jason will remain focused on the delivery of the Company's full year results, due on the 2nd of March 2022, and on ensuring the effective transition of his responsibilities.
The search for a new CFO is underway, and a further update will be issued when appropriate.
Amanda Blanc, Group Chief Executive Officer of Aviva, said:
"Jason has been a valued colleague at Aviva in a variety of roles since joining the group in 2010, including as Chief Financial Officer over the past two and a half years, an important period of transformation for the Company. I would like to take this opportunity to thank him, on behalf of the Board and colleagues across Aviva, for his commitment and contribution during his time here. He will leave with our best wishes for his future career.”
Jason Windsor, Group Chief Financial Officer of Aviva, said:
“I have had 11 tremendous years at Aviva, but the time is now right for the challenge of a new sector, and I am hugely excited at the opportunity of being part of Persimmon. I wish Amanda and the rest of Aviva all the best for the future. I am very proud of what we have achieved over the last 18 months. The business is performing strongly and has great potential. I strongly believe that the strategy is right, and that it will deliver significant value for Aviva’s customers and shareholders.”
-ENDS-
Enquiries:
Media:
Andrew Reid
+44 (0)7800 694 276
Sarah Swailes
+44 (0)7800 694 859
Analysts:
Rupert Taylor Rea
+44 (0)7385 494 440
Tegan Gill
+44 (0)7800 691 138
Notes
This announcement is made pursuant to Listing Rule 9.6.11.
In accordance with section 430(2B) of the Companies Act 2006, there are no remuneration payments made or to be made to Jason Windsor as part of his departure from the Company. During his six-month notice period, Jason will receive his salary and contractual benefits in accordance with his service agreement. He will no longer be eligible for any further awards under the Aviva Annual Bonus Plan (including for the 2021 financial year) or Long-Term Incentive Plan, and when he steps down as Chief Financial Officer he will forfeit all outstanding share awards. The relevant details will be included in the Directors' Remuneration Report in the Company's 2021 Annual Report and Accounts.
Notes to editors:
- We are the UK's leading diversified insurer and we operate in the UK, Ireland and Canada. We also have international investments in India and China.
- We help our 19.6 million (as at 31 August 2024) customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.
- We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2023, we paid £25.6 billion in claims and benefits to our customers.
- In 2021, we announced our ambition to become Net Zero by 2040, the first major insurance company in the world to do so. We are aiming to have Net Zero carbon emissions from Aviva’s operations and supply chain by 2030. While we are working towards our sustainability ambitions, we recognise that while we have control over Aviva’s operations and influence on our supply chain, when it comes to decarbonising the economy in which we operate and invest, Aviva is one part of a far larger global ecosystem. There are also limits to our ability to influence other organisations and governments. Nevertheless, we remain focused on the task and are committed to playing our part in the collective effort to enable the global transition. Find out more about our climate goals at at www.aviva.com/sustainability/climate and our sustainability ambition and action at www.aviva.com/sustainability.
- Aviva is a Living Wage, Living Pension and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
- As at 30 June 2024, total Group assets under management at Aviva Group were £398 billion and our estimated Solvency II shareholder capital surplus as at 30 September 2024 was £7.6 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
- For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us
- The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts, research reports and our news release archive. Sign up to get the latest news from Aviva by email.
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