Centrica shakes up management structure

UK’s Centrica named Scott Wheway as its chairman with immediate effect following the resignation of Charles Berry, who has been on medical leave since February 12, 2020.

Wheway has been a non-executive director of Centrica since 2016 and acting chairman since February 12, 2020, the company noted in its statement.

Centrica also added that Chris O’Shea, currently group chief financial officer (CFO), will become interim group chief executive (CEO) while the search for a permanent CEO continues.

Iain Conn stepped down as CEO and from the Board from March 17. He will remain available until the Annual General Meeting on May 11, 2020, as anticipated, to support the handover but the day to day leadership of the company will pass to O’Shea.