Centrica, Direct Energy Parent, Names New Centrica Business Chief Executive

Centrica plc announced the appointment of Richard Hookway as Chief Executive, Centrica Business effective December 1, at which time he will also join the Centrica plc Board.

This follows Centrica’s previously reported announcement regarding Mark Hanafin’s retirement from the company at the end of March 2019.

Hookway will join Centrica and the Executive Committee on November 1, allowing him to work through a handover with Hanafin.

Hanafin will step down from the Board on 30 November.

Hookway has worked in the energy sector for 35 years at BP, most recently as Group Chief Operating Officer for Global Business Services and IT.

Prior to this, Hookway spent seven years as CFO for BP’s Downstream division which includes all B2B and B2C customer-facing businesses, refining and marketing and the P&L for BP’s oil trading activities. Hookway previously has held a number of senior commercial roles both in the UK and in North America including as head of the Natural Gas Liquids business based in Houston, and the Commercial and Industrial Marketing business for Europe including accountability for BP’s internal power developer and provider of energy management services.