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News  ›  GlobeNewswire Inc.

Chief Financial Officer Transition

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Chief Financial Officer Transition

Admiral Group announces that CFO Geraint Jones will retire and transition to a part-time role from July 2026 after 24 years with the company. Rachel Lewis, currently CFO of Admiral's UK insurance business, will assume the Group CFO role and join the Board as an executive director on 1 July 2026, subject to regulatory approval. The succession follows an internal and external recruitment process.

Insights
SPY   neutral

Market sentiment depends on Nvidia's earnings and forward guidance


AMIGY   positive

The announcement demonstrates strong succession planning with an internal promotion of an experienced executive who has been with the company for two decades. The continuity of leadership, combined with Rachel Lewis's extensive experience in financial strategy and IFRS17 implementation, suggests stability and confidence in the company's future direction. The outgoing CFO's 24-year tenure and the company's growth trajectory (market cap from £3.7B to £9.6B) further support a positive outlook.