SSE, Innogy Name Katie Bickerstaffe as CEO Designate of JV
April 06 2018 - 4:14AM
Dow Jones News
By Maryam Cockar
SSE PLC (SSE.LN) and Innogy SE (IGY.XE) said Friday that Katie
Bickerstaffe has been appointed as CEO designate of their new
retail energy joint venture.
Ms. Bickerstaffe, who is currently chief executive of Dixons
Carphone PLC's (DC.LN) U.K. and Ireland operations, will take up
her new role later this year. She will help form the new company
and prepare it to be listed on the London Stock Exchange, which is
expected in the last quarter of 2018 or the first quarter of 2019,
the companies said.
They said her role during that period won't include any
involvement in the leadership or management of either SSE or
Innogy.
In November 2017, Innogy agreed to merge its U.K. retail
business Npower with SSE's household energy-services business to
form a new independent retail energy company.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
April 06, 2018 04:59 ET (08:59 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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