Centrica Business on hunt for new CEO as Hanafin steps down

Hanafin: retiring from Centrica after a decade.

Centrica Business CEO Mark Hanafin will step down next March. The company said it has started to search for a successor.

Hanafin has been with the firm for a decade. Last year he took the reins at Centrica Business, a key division encompassing energy supply, wholesale energy, energy optimisation and energy solutions.

He also drove the firm’s push into distributed energy, bringing CHP firm ENER-G into the fold, and more recently demand-side response aggregator Restore.

Centrica group chief executive, Iain Conn, said Hanafin “was a major influence on Centrica’s strategic review in 2015 and has been an invaluable member of my team since I joined the Group at the end of 2014, providing wise advice and support to me and to the Centrica executive team overall”.

Before joining Centrica, Hanafin spent 21 years with Royal Dutch Shell, rising to chief executive of its North American operations.

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