National Grid Appoints Steve Smith as Chief Strategy and Regulation Officer
National Grid (NYSE:NGG) has appointed Steve Smith as Chief Strategy and Regulation Officer, effective immediately. Smith, who has been serving in this role interim since August 2024, will lead the company's strategy and regulation work across the US and UK. He will report to Group CEO John Pettigrew and join the executive committee. The appointment comes as National Grid plans to deploy £60bn of capital over the next five years. Smith, who joined National Grid in October 2021, brings over 25 years of experience in energy and finance sectors, having previously held positions at Lloyds Banking Group, Ofgem, American Electric Power, and PwC.
National Grid (NYSE:NGG) ha nominato Steve Smith come Chief Strategy and Regulation Officer, con effetto immediato. Smith, che ha ricoperto questo ruolo ad interim da agosto 2024, guiderà il lavoro di strategia e regolazione dell'azienda negli Stati Uniti e nel Regno Unito. Riporterà al CEO del Gruppo, John Pettigrew, e entrerà a far parte del comitato esecutivo. Questa nomina arriva mentre National Grid prevede di investire 60 miliardi di sterline nei prossimi cinque anni. Smith, che è entrato in National Grid nell'ottobre 2021, porta con sé oltre 25 anni di esperienza nei settori dell'energia e della finanza, avendo precedentemente ricoperto ruoli presso Lloyds Banking Group, Ofgem, American Electric Power e PwC.
National Grid (NYSE:NGG) ha nombrado a Steve Smith como Director de Estrategia y Regulación, con efecto inmediato. Smith, quien ha estado en este cargo interino desde agosto de 2024, liderará el trabajo de estrategia y regulación de la empresa en EE. UU. y el Reino Unido. Reportará al CEO del Grupo, John Pettigrew, y se unirá al comité ejecutivo. Este nombramiento se produce mientras National Grid planea invertir 60 mil millones de libras en los próximos cinco años. Smith, quien se unió a National Grid en octubre de 2021, aporta más de 25 años de experiencia en los sectores de energía y finanzas, habiendo ocupado anteriormente puestos en Lloyds Banking Group, Ofgem, American Electric Power y PwC.
내셔널 그리드 (NYSE:NGG)는 스티브 스미스를 최고 전략 및 규제 책임자로 즉시 임명했다. 스미스는 2024년 8월부터 이 역할을 임시로 수행해 왔으며, 미국과 영국 전역에서 회사의 전략 및 규제 업무를 이끌 예정이다. 그는 그룹 CEO인 존 페티그류에게 보고하고 집행 위원회에 합류할 것이다. 이번 임명은 내셔널 그리드가 향후 5년 동안 600억 파운드를 투자할 계획에 따른 것이다. 스미스는 2021년 10월에 내셔널 그리드에 합류했으며, 로이드 뱅킹 그룹, 오프젬, 아메리칸 일렉트릭 파워, 그리고 PwC에서 이전 직책을 맡으면서 에너지 및 금융 분야에서 25년 이상의 경험을 쌓았다.
National Grid (NYSE:NGG) a nommé Steve Smith au poste de Directeur de la Stratégie et de la Réglementation, avec effet immédiat. Smith, qui occupe ce poste par intérim depuis août 2024, dirigera les travaux de stratégie et de réglementation de l'entreprise aux États-Unis et au Royaume-Uni. Il fera rapport au PDG du groupe, John Pettigrew, et rejoindra le comité exécutif. Cette nomination intervient alors que National Grid prévoit d'investir 60 milliards de livres sterling au cours des cinq prochaines années. Smith, qui a rejoint National Grid en octobre 2021, apporte plus de 25 ans d'expérience dans les secteurs de l'énergie et de la finance, ayant précédemment occupé des postes chez Lloyds Banking Group, Ofgem, American Electric Power et PwC.
National Grid (NYSE:NGG) hat Steve Smith sofort zum Chief Strategy and Regulation Officer ernannt. Smith, der seit August 2024 interimisch in dieser Position tätig ist, wird die strategischen und regulatorischen Arbeiten des Unternehmens in den USA und im Vereinigten Königreich leiten. Er wird an den CEO der Gruppe, John Pettigrew, berichten und dem Exekutivausschuss beitreten. Die Ernennung erfolgt, während National Grid plant, in den nächsten fünf Jahren 60 Milliarden Pfund zu investieren. Smith, der im Oktober 2021 zu National Grid kam, bringt über 25 Jahre Erfahrung in den Bereichen Energie und Finanzen mit, nachdem er zuvor Positionen bei Lloyds Banking Group, Ofgem, American Electric Power und PwC inne hatte.
- Announced £60bn capital investment plan over next five years
- Appointed experienced executive with 25+ years in energy and finance sectors
- Strategic leadership continuity maintained through internal promotion
- None.
BROOKLYN, NY, and WALTHAM, MA / ACCESSWIRE / November 20, 2024 / National Grid today announced that Steve Smith has been appointed as the company's Chief Strategy and Regulation Officer. As National Grid works to progress the energy transition at speed, Steve will lead the company's work on future strategy and regulation across the US and UK. Steve will sit on National Grid's executive committee and report to John Pettigrew, Group CEO.
Steve has been leading this work on an interim basis since August 2024, following Ben Wilson's move to lead National Grid Ventures. His appointment is effective immediately.
"It's a privilege to be appointed to this role at the most exciting time for the energy sector in decades," said Steve Smith "The strategy and regulation teams already deliver outstanding work to ensure National Grid is set up for success and that we continue to put our customers first. I am very much looking forward to continuing to build on this, as I take up the role on a permanent basis."
John Pettigrew, CEO, said: "As we work to deliver on our ambitious investment plans, which will see us deploy £60bn of capital over the next five years, the strategy and regulation teams will play a key role in making sure this investment drives economic growth, jobs and decarbonisation. Steve's outstanding leadership and depth of experience will further strengthen our executive team as we lead the sector in driving the energy transition forwards. We are pleased that Steve has accepted this role and look forward to working with him".
Steve Smith joined National Grid in October 2021 and previously held the roles of Group Head of Strategy and President of National Grid Partners. Before joining National Grid, he spent 11 years at Lloyds Banking Group and was a member of the Retail Executive Committee.
Prior to this, he was a Board member and Managing Director at Ofgem. His early career included roles at American Electric Power and PricewaterhouseCoopers (PwC).
With more than 25 years of experience in the energy and finance sectors, Steve's career spans venture capital, fintech, innovation and competition, government and policy, markets, regulatory reform and regulatory strategy.
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About National Grid
National Grid (NYSE:NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a smarter, stronger, cleaner energy future - transforming our networks with more reliable and resilient energy solutions to meet state climate goals and reduce greenhouse gas emissions.
For more information, please visit our website, follow us on X (formerly Twitter), watch us on YouTube, like us on Facebook and find us on Instagram.
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SOURCE: National Grid
View the original press release on accesswire.com
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