BP’s Richard Hookway to lead Centrica Business

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Richard Hookway will become chief executive of Centrica Business from December, taking over from Mark Hanafin, who announced his retirement in July.

Hookway joins from BP, where he was group chief operating officer for global business services and IT. Prior to that he was CFO of BP’s downstream division, with responsibility for all business to business and business to consumer customer facing units, refining and marketing and the P&L for BP’s oil trading. He has also had senior roles in BP’s natural gas business in Houston and within its industrial and commercial marketing business in Europe.

Centrica CEO, Iain Conn, said Hookway’s broad experience will benefit its business division, which brings together its energy supply and services, distributed energy and power and energy marketing and trading businesses.

“He brings with him a wealth of experience in customer-facing energy activities, including in energy marketing and trading and commodity risk management,” said Conn, who also thanked outgoing CEO Mark Hanafin for a “significant contribution” to the business over a decade.

Hookway said he was excited to join the firm as energy “becomes more decentralised, cleaner and technologically driven”.

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