Monday 7 October 2013

Mastercard man to slot in after Carr at Centrica

Mastercard’s Chairman will take over from Sir Roger Carr when he steps down as Chairman of British Gas owner Centrica.

Richard (Rick) Haythornthwaite will become Non-Executive Chairman from 1 January 2014. The former BP man – he spent 17 years at the British oil giant – is also Chairman of arts organisation the Southbank Centre.

Sir Roger Carr who will step down on New Year’s Eve said: "I'm delighted that Rick has accepted the Board’s invitation to succeed me as Chairman of Centrica. He brings invaluable industry experience from his time at BP, a deep knowledge of consumer relations from MasterCard and a proven record of government and regulatory body engagement from Network Rail.”

Mr Haythornthwaite added he feels “privileged” to take on the role: “Centrica [is] a company with such a fine heritage and that is so relevant not only to its customers, employees and shareholders but also to the broader societies that it serves.”