May 8, 2018 / 8:28 AM / 12 days ago

Centrica Chairman Haythornthwaite to step down

May 8 (Reuters) - British Gas parent firm Centrica Plc said Chairman Rick Haythornthwaite plans to step down in the next 12 months after more than 4 years in the role.

Haythornthwaite joined the board in 2013 and became chairman in 2014.

Centrica is stepping up job cuts and cost savings after reporting a 17 percent fall in annual operating profit. (Reporting by Arathy S Nair in Bengaluru; editing by Jason Neely)

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