BROOKLYN, N.Y. and WALTHAM, Mass., Nov. 20,
2024 /PRNewswire/ -- National Grid today announced
that Steve Smith has been appointed
as the company's Chief Strategy and Regulation Officer. As National
Grid works to progress the energy transition at speed, Steve will
lead the company's work on future strategy and regulation across
the US and UK. Steve will sit on National Grid's executive
committee and report to John
Pettigrew, Group CEO.
Steve has been leading this work on an interim basis since
August 2024, following Ben Wilson's move to lead National Grid
Ventures. His appointment is effective immediately.
"It's a privilege to be appointed to this role at the most
exciting time for the energy sector in decades," said Steve Smith
"The strategy and regulation teams already deliver outstanding work
to ensure National Grid is set up for success and that we continue
to put our customers first. I am very much looking forward to
continuing to build on this, as I take up the role on a permanent
basis."
John Pettigrew, CEO, said: "As we
work to deliver on our ambitious investment plans, which will see
us deploy £60bn of capital over the next five years, the strategy
and regulation teams will play a key role in making sure this
investment drives economic growth, jobs and decarbonisation.
Steve's outstanding leadership and depth of experience will further
strengthen our executive team as we lead the sector in driving the
energy transition forwards. We are pleased that Steve has accepted
this role and look forward to working with him."
Steve Smith joined National Grid
in October 2021 and previously held
the roles of Group Head of Strategy and President of National Grid
Partners. Before joining National Grid, he spent 11 years at Lloyds
Banking Group and was a member of the Retail Executive
Committee.
Prior to this, he was a Board member and Managing Director
at Ofgem. His early career included roles at American Electric
Power and PricewaterhouseCoopers (PwC).
With more than 25 years of experience in the energy and finance
sectors, Steve's career spans venture capital, fintech,
innovation and competition, government and policy, markets,
regulatory reform and regulatory strategy.
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and
clean energy delivery company serving more than 20 million people
through our networks in New York
and Massachusetts. National Grid
is focused on building a smarter, stronger, cleaner energy future —
transforming our networks with more reliable and resilient energy
solutions to meet state climate goals and reduce greenhouse gas
emissions.
For more information, please visit our website, follow us
on X (formerly Twitter), watch us on YouTube, like us
on Facebook and find us on Instagram.
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SOURCE National Grid
