Penny James Explained

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Penny James (born 27 September 1969)[1] is a British businesswoman who was the chief executive of Direct Line Group from May 2019 to January 2023.[2]

Career

James worked at Omega Insurance and Zürich before joining Prudential Plc, where her roles have included chief risk officer. She also was a non-executive director of Admiral Group between 2015 and 2017.[3]

In 2017, she left Prudential to join the Direct Line Group (DLG) as chief financial officer. At the time, she was the only woman on the executive committee of DLG.[4] In May 2019, James succeeded Paul Geddes as CEO of DLG.[5] In January 2023, she stepped down and was succeeded by the chief commercial officer Jonathan Greenwood as acting chief executive.[6]

Personal life

James attended several schools including the Worcester Girls' Grammar School, Croydon High School, and Millfield, due to frequent transfers in her father's job. She graduated from the University of Bath with a degree in statistics. She is married with one daughter and lives in Hampshire.

Notes and References

  1. Web site: Direct Line boss Penny James: I can weather the storm. 15 January 2023. Treanor. Jill. The Sunday Times.
  2. Web site: Direct Line Insurance Group plc Penny James, DLG's Chief Financial Officer to succeed Paul Geddes as Chief Executive. Edwards. Charlotte. DirectorsTalk Interviews. en-GB. 2020-04-16.
  3. Web site: UK insurer Direct Line appoints Penny James as chief. Ralph. Oliver. 26 February 2019. Financial Times. 18 April 2021.
  4. Web site: The HERoes top 100 women role model executives 2020. 23 September 2020. Yahoo Finance UK. 18 April 2021.
  5. News: Gangcuangco . Terry . Direct Line Group names interim CFO as Penny James takes on top post . 17 August 2019 . Insurance Business . 10 May 2019.
  6. Web site: Oliver. Ralph. Ian. Smith. London. Direct Line chief executive steps down after profit warnings. 27 January 2023. Financial Times. https://archive.today/20230127084443/https://www.ft.com/content/96c89852-b70b-400b-adad-ab2616dcd142. 27 January 2023. live. subscription. 28 January 2023.

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