Centrica Chairman Haythornthwaite to step down
May 8 (Reuters) - British Gas parent firm Centrica Plc (Frankfurt: A0DK6K - news) said Chairman Rick Haythornthwaite plans to step down in the next 12 months after more than 4 years in the role.
Haythornthwaite joined the board in 2013 and became chairman in 2014.
Centrica is stepping up job cuts and cost savings after reporting a 17 percent fall in annual operating profit. (Reporting by Arathy S Nair in Bengaluru; editing by Jason Neely)