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    AV.   GB00BPQY8M80

AVIVA PLC

(AV.)
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Aviva : Resignation of Group CFO Jason Windsor

01/13/2022 | 03:21am EDT

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.

Disclaimer

Aviva plc published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 08:20:11 UTC.


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Financials
Sales 2022 29 097 M 36 378 M 36 378 M
Net income 2022 1 285 M 1 607 M 1 607 M
Net Debt 2022 - - -
P/E ratio 2022 8,78x
Yield 2022 7,96%
Capitalization 11 420 M 14 278 M 14 278 M
Capi. / Sales 2022 0,39x
Capi. / Sales 2023 0,37x
Nbr of Employees 22 062
Free-Float 96,0%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 408,90 GBX
Average target price 543,57 GBX
Spread / Average Target 32,9%
EPS Revisions
Managers and Directors
Amanda Blanc Chief Executive Officer & Executive Director
Jason Michael Windsor Strategy, Mergers & Acquisitions Director
Mark George Culmer Non-Executive Chairman
John Cummings Chief Information Officer
Nitinbhai Babubhai Maganbhai Amin Chief Operating Officer
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