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Stock impact report

National Grid Announces Changes to U.S. Leadership

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: Business Wire
Dean Seavers to Step Down Effective Immediately as President of U.S. Business Badar Khan to Serve as Interim President of the U.S. Business WALTHAM, Mass. & LONDON--(BUSINESS WIRE)--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. Dean has agreed to stay with the business until December 31, 2019 in order to ensure a smooth leadership transition and handover.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 Dean. Badar, 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.Joh Show less Read more
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