23 February 2017
(‘Centrica’ or ‘the Company’)
Remuneration Committee Chairman
Centrica plc announces that, with effect from the conclusion of the AGM to be held on 8 May 2017, Lesley Knox will step down as Chairman of the Remuneration Committee and will be replaced by Scott Wheway.
Lesley has led the Committee since January 2012, overseeing the introduction of the new Remuneration Policy, which was approved by shareholders in 2015. That policy is due for renewal in 2018. As Lesley has indicated she does not intend to serve a third term as a Director, meaning she will step down from the Board at the end of 2017, she felt this would be an appropriate time to handover to a new Remuneration Committee Chairman to lead the policy renewal process.
Scott Wheway has extensive experience as a Non-Executive Director and Remuneration Committee Chair, and has served as a member of Centrica’s Remuneration Committee since 1 May 2016.
Chairman Rick Haythornthwaite said, “I would like to thank Lesley for her excellent leadership of the Remuneration Committee over the last five years. We are fortunate that, in Scott Wheway, we have someone with valuable experience and deep knowledge to take up the reins at this important time, as we work towards the renewal of the Remuneration Policy in 2018.”
|Centrica Investor Relations||+44 (0) 1753 494900|
|Centrica Media Relations||+44 (0) 1784 843000|
Centrica plc is listed on the London Stock Exchange (CNA)
Registered Office: Millstream, Maidenhead Road, Windsor, Berkshire SL4 5GD
Registered in England & Wales number: 3033654
Legal Entity Identifier number: E26EDV109X6EEPBKVH76
ISIN number: GB00B033F229