Centrica plc announces that, for personal reasons, Johnathan Ford will step down today as Group Chief Financial Officer and from the Board and will leave Centrica on 31 January 2021.
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Kate Ringrose is appointed Group Chief Financial Officer with immediate effect. Kate has been with Centrica for 16 years and has most recently been Group Financial Controller, having previously held a variety of roles across the energy, services and trading businesses. Kate will also join the Centrica plc Board as an Executive Director.
Chris O’Shea, Centrica Group Chief Executive, said:
“I am very sorry to see Johnathan leave and would like to thank him for his contribution to the Company and wish him and his family well for the future. However, I am delighted that we have a very capable internal successor in Kate, who brings a wealth of experience from a wide range of finance roles across Centrica. I look forward to working closely with Kate as we continue to focus on delivering the turnaround of Centrica”.
Johnathan Ford, outgoing Group Chief Financial Officer, said:
“I am pleased to have been involved in the initial stages of the turnaround of Centrica and I am disappointed I will not be able to see it through to its conclusion. However, the Company has made fundamental progress over the past year and I wish Chris, Kate and the rest of the Centrica team well for the future.”
Kate Ringrose, incoming Group Chief Financial Officer, said:
“I am honoured to have been appointed as Centrica Group Chief Financial Officer. While there remains a lot to achieve to complete the turnaround of the Company, I have seen first-hand that we have the people, capabilities and market positions to do so. I look forward to working with Chris, the Board and colleagues across the Group and playing my part in the turnaround of Centrica.”