Centrica Names Retail Head
Leading UK energy marketer Centrica said December 17 that the head of its consumer business, Mark Hodges, is leaving February 28 2019 after four years with the company.
It announced that Sarwjit Sambhi will become the new CEO of its Centrica Consumer unit, and will join the Centrica board effective March 1 2019. He joined Centrica in 2001 from Booz Allen & Hamilton and has held a number of leadership positions within Centrica.
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Centrica Consumer spans its 'British Gas' retail business in the UK, which Sambhi recently headed for almost three years, its North America retail business, its Irish Republic arm where it retails under the 'Bord Gais Energy' brand, and its innovative 'Connected Home' services in the UK, Italy and North America which offer 'Hive' and other home software and devices.
Hodges is to take up a new role as CEO of Swiss Re's closed book business ReAssure, which plans a stock market listing in 2019.
Centrica added that, after 22 years with the company, Grant Dawson will retire as general counsel and company secretary on March 31 2019, succeeded by Justine Campbell April 1. She will also join Centrica's executive committee. She joined Centrica in Jan.2013 from Vodafone.
GTL firm also names new directors
Separately, UK gas-to-liquids technology (GTL) firm Velocys on December 17 appointed two new non-executive directors to its board with effect January 1 2019, both formerly with Shell. Philip Holland worked for almost ten years at Shell, overseeing a £5.2bn ($6.5bn) petrochemical project in Qatar and its £8.3bn Port Arthur refinery expansion in Texas, and is a non-executive director at UK independent EnQuest. Darran Messem worked for 15 years with Shell on clean fuels and the development of Shell’s global biofuel business and now chairs UK public-private partnership, Low Carbon Vehicle Partnership. Velocys last month announced that Henrik Wareborn - a former global head of crude oil sales at BP and later managing director of French bank Natixis - had become its new CEO, replacing David Pummell, while one of Velocys' non-executive directors Andrew Morris had become its CFO.