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Centrica appoints chairman-designate from Weir Group

The FTSE 100-energy group said Charles Berry would be appointed initially as a non-executive director before taking over from Rick Haythornthwaite on 21 February 2019

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Berry has previously held chairman roles at other FTSE 250 constituents Senior and Drax Group

British Gas owner Centrica PLC (LON:CNA) has appointed the current chairman of engineering firm Weir Group PLC (LON:WEIR) as its own chairman-designate.

The FTSE 100-energy group said Charles Berry would be appointed initially as a non-executive director before taking over from outgoing chairman Rick Haythornthwaite on 21 February 2019.

READ: Centrica boosted as Goldman Sachs double-upgrades the British Gas owner’s rating to 'buy' from 'sell'

Berry is currently chairman of FTSE 250 firm Weir and had previously held chairman roles at fellow index constituents Senior PLC (LON:SNR) and Drax Group PLC (LON:DRX).

He also held executive roles at Scottish Power PLC and was responsible for power generation, commodity trading, energy retailing and renewable energy in the UK together with board responsibility for energy regulation.

In late-morning trading Wednesday, Centrica shares were steady around 149.7p, while Weir shares were up 3.1% at 1,603p.

Quick facts: Centrica PLC

Price: 70 GBX

LSE:CNA
Market: LSE
Market Cap: £4.07 billion
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