National Grid today announced that, "it has agreed with Dean Seavers, U.S. Executive Director, that for personal reasons, he will step down with immediate effect from his position as a member of the Board and as President of the U.S. business."

Seavers has agreed to stay with the business until December 31, 2019, "in order to ensure a smooth leadership transition and handover," National Grid said

Badar Khan, currently Group Director of Corporate Development and National Grid Ventures and a member of the Group Executive Committee, will take over immediately as interim President of the U.S. business, pending the appointment of a permanent successor to Seavers. Khan, who has been at National Grid since April 2017, will not join the Board in this interim role, but will continue in his role as a member of the Group Executive Committee.

Khan previously served in various roles at Centrica plc for 14 years in the U.K. and U.S., including 4 years as CEO of Direct Energy. Prior to that, he was Chief Marketing Officer at a start-up retail supplier, SmartEnergy, during the early days of electric choice

National Grid said, "The Board will now initiate a thorough process to identify a permanent successor for Dean which will include both internal and external candidates."

Tags:
National Grid   Hires  

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