Centrica: Weston to be put forward as future head of British Gas
Integrated energy company Centrica has responded to recent press speculation regarding the likely successor to Phil Bentley as head of British Gas.
Integrated energy company Centrica has responded to recent press speculation regarding the likely successor to Phil Bentley as head of British Gas.
The FTSE 100-listed energy retailer said: "It is expected that a proposal that Chris Weston will succeed Phil Bentley as the director responsible for British Gas as part of the succession planning and the strategic evolution of the company will be presented to the board of the company and, if approved, will be announced with the company's preliminary results on February 27th."
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Centrica's share price was down 0.90% to 341.40p at 08:59 on Friday.
MF
-
Lifetime ISA reform: Retirement option could be scrapped in overhaulA consultation on a product replacing the Lifetime ISA is set to be launched this year, and the option to use it to save for retirement is expected to be axed in the shake-up
-
HMRC stamp duty crackdown sees probes of property deals jump 88% – what to watch out forFrom bogus stamp duty refund claims to misleading the taxman about who owns a property, HMRC is increasing its scrutiny of stamp duty land tax reporting. Here’s how.
