Centrica Confirms Exit Of Weston To Aggreko
The top boss at British Gas is to leave the company, amid a management shake-up at the UK's biggest energy supplier.
Centrica issued a statement saying Chris Weston, managing director of its international downstream business, had tendered his resignation in order to become CEO of Aggreko.
He is expected to join the temporary power group next year, once he has fulfilled his commitments at Centrica.
Details of the energy supplier shake-up were first revealed†by Sky News City Editor Mark Kleinman.
Meanwhile, speculation has been mounting about the future of Sam Laidlaw, Centrica's long-serving chief executive.
Centrica said at its annual meeting earlier this month it was beginning the process of exploring options for management succession, with a replacement also due to be found for Nick Luff, its finance director.
The intense row about energy prices is said to have been a factor in recent deliberations of both Mr Laidlaw and Mr Weston, who has only held the British Gas role for 15 months, over their futures.
Kleinman said: "I understand Mr Weston was uncomfortable at the amount of scrutiny the role attracted as the boss of British Gas, especially as he had only been in the role for a short time.
"He was under intense pressure to hand back or give up the†£281,000 bonus he received earlier in the year. He didn't do that.
"I think for him, this is an easy way out of the maelstrom that surrounds British Gas and the other big energy companies."
Britain's energy sector is facing a full competition inquiry, turning the heat up even further for the so-called big six suppliers.
Centrica is now expected to try and fill the roles of three top executive positions, including that of its finance director.