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.
Centrica to cut 4,000 more jobs as headwinds strengthen
Centrica acquires DSR aggregator Restore
Centrica posts solid profits, but more job cuts to come
British Gas: Not retrenching from I&C market, worst of billing pain over
British Gas business energy supply profits wiped out
Centrica to pay £9.5m for business customer billing failures
British Gas: £4bn energy efficiency opportunity for UK firms
Centrica buys ENER-G’s CHP business in bid to pivot business model
Centrica’s Ener-G: Flexibility and grid services cash will drive CHP
Centrica to cut 3,000 jobs as utilities feel heat
Click here to see if you qualify for a free subscription to the print magazine, or to renew.
Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.