(PRESS RELEASE) LONDON, 13-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced the resignation of its CFO and director Jason Windsor. Jason will step down as of July 2022 to become CFO at Persimmon plc.
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.”
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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.