All eyes on new Centrica chief who takes the helm at a time of acute stress. The knives were out for Iain Conn at British Gas owner Centrica’s annual general meeting last year. The combative chief executive had presided over a 70pc slump in the share price during his four years in charge, and shareholders were fed up. Outside the QEII centre in Westminster, one shareholder told news cameras she wanted Mr Conn “to be humiliated”. Another reminded the 57-year-old that his £766,000 bonus during 2018 was the “equivalent of £1 for every customer you lost”. Mr Conn has now left and his successor, Chris O’Shea, will be saved that public torment. The coronavirus crisis means there will be no shareholders at this year’s AGM, just the necessary directors going through the legal requirements online.
Telegraph 26th April 2020 read more »