NG.L - National Grid plc

National Grid plc

1-3 Strand
London WC2N 5EH
United Kingdom
44 20 7004 3000
http://www.nationalgrid.com

Sector: Utilities
Industry: Utilities - Diversified
Full-time employees: 23,023

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John Pettigrew	CEO & Exec. Director	2.16M	N/A	1969
Mr. Dean L. Seavers	Exec. Director of US & Exec. Director	1.68M	N/A	1961
Ms. Lucy Nicola Shaw	Exec. Director of UK & Exec. Director	1.03M	N/A	1969
Mr. Andrew J. Agg	CFO & Exec. Director	N/A	N/A	N/A
Ms. Lisa M. Lambert	Sr. VP and Chief Technology & Innovation Officer	N/A	N/A	N/A

Amounts are as of 31 December 2018, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 substations in England and Wales, as well as Scottish electricity transmission systems. The UK Gas Transmission segment owns and operates gas transmission systems that include approximately 7,660 kilometers of high-pressure pipes and 24 compressor stations connecting 8 distribution networks in Great Britain, as well as other third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. This segment's assets comprise 14,293 kilometers of overhead lines; 168 kilometers of underground cables; 387 transmission substations; and 740 distribution substations. It also engages in owning and operating gas distribution networks in upstate New York, New York City, Long Island, Massachusetts, and Rhode Island. The National Grid Ventures and Other Activities segment engages in the commercial operations in metering, LNG importation terminal, and electricity interconnectors businesses, as well as property development and insurance activities in the United Kingdom and United States. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Corporate governance

National Grid plc’s ISS governance QualityScore as of 1 April 2019 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.