– UK, Berkshire – Centrica is pleased to announce the appointment of Jeff Bell as Chief Financial Officer (‘CFO’) with effect from 1 August 2015, at which time he will also join Centrica plc’s Board.
Jeff was appointed interim CFO on 1 September last year following the departure of Nick Luff.
Jeff brings extensive experience in driving financial performance and has a strong track record in developing and leading finance teams both in the UK and in North America.
Iain Conn, Chief Executive of Centrica said: “I am delighted to confirm today that we are appointing Jeff as CFO. Since I joined the Company in January this year, I have been very impressed by Jeff’s capability. His leadership of the finance function and his considerable expertise has been instrumental in implementing the improved financial resilience of the Company since the beginning of the year.
He has played a critical role in the Strategic Review process and has been a tremendous support to me personally. Jeff’s skills will be extremely valuable in enabling the next exciting phase of Centrica.”
Rick Haythornthwaite, Chairman of Centrica, added: “I am very pleased to welcome Jeff to the Board and for him to play a key role in the new leadership team as it implements the strategy.”
Jeff Bell joined the Group’s Direct Energy business in Toronto in 2002 as Vice President of Financial Strategy. He then held various senior finance positions in Direct Energy, including VP Finance for Direct Energy Business and VP for Corporate Finance. In 2008, Jeff moved to the UK to work as Executive Assistant to the Group Chief Executive and Head of Group Strategy. Since 2010, he was Centrica’s Group Financial Controller and Director of Corporate Finance before being appointed Interim Chief Financial Officer on 1 September 2014. Prior to Centrica, Jeff worked in Toronto both for KPMG where he qualified as a chartered accountant and as a management consultant for Boston Consulting Group.
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