RestructuringAug 3, 2026, 07:02 AM
National Grid Simplifies Operating Model, Reduces Executive Committee
AI Summary
National Grid plc announced a new operating model effective September 1, 2026, designed to increase accountability, sharpen execution, and improve performance. The Group Executive Committee will be reduced from 13 to 8 members, with new leadership roles created for UK and US Presidents, a President of Global Capital, and a Chief Technology and Innovation Officer. This restructuring aims to deliver better outcomes for customers and shareholders by empowering dedicated geographic leaders and focusing on capital delivery and technological innovation.
Key Highlights
- New operating model to be effective September 1, 2026.
- Group Executive Committee reduced from 13 to 8 members.
- Cordi O'Hara appointed President, UK, overseeing Electricity Distribution and Transmission.
- Sally Librera appointed Interim President, US, leading electricity and natural gas businesses.
- Carl Trowell appointed President of Global Capital to ensure best-in-class delivery.
- Alice Delahunty appointed Chief Technology and Innovation Officer to deploy technology at scale.
- Restructuring aims to increase accountability, sharpen execution, and improve performance.
- No change to the Group's financial reporting business unit structure.
Price Impact
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