Chris Weston (businessman)
 |
Chris Weston | |
|---|---|
| Born | January 1964 (age 60) |
| Nationality | British |
Christopher Phillip Anthony Weston (born 5 January 1964)[1] is a British businessman. In January 2024 he became chief executive of Thames Water.[2]
He is the former chief executive of Aggreko, a FTSE 250 Index company, and a former managing director of British Gas, one of the Big Six energy suppliers in the United Kingdom.
Early life
[edit]Weston went to Pangbourne College, a fee-paying school, from 1977 to 1982.[citation needed] He gained a BSc in applied science.[where?] He was an officer in the Royal Horse Artillery for seven years and did a PhD in quantitative finance at Imperial College London after his time in the Army.[3]
Career
[edit]
British Gas
[edit]He joined Centrica in 2002, when Centrica bought One.Tel. Between 2002 and 2005, he was managing director of British Gas Business. Between June 2005 and June 2009, he was managing director of British Gas Services, which provides boiler repair. He joined the board of Centrica in 2009. He became head of Centrica's division in the USA (Direct Energy) from July 2009. He became managing director of British Gas. At the time, British Gas was selling gas and electricity to 12 million British households. It made a £606m profit in 2012; £50 per household it supplied to.[citation needed]
It was announced he was leaving British Gas in early June 2014, leaving at the end of 2014.[citation needed]
Aggreko
[edit]He became chief executive of Aggreko (based in Glasgow) in June 2014.[4] His salary was £750,000 at the time and he received a £2.2m golden hello.[citation needed]
It was announced on 19 November 2021 that he was leaving Aggreko.[5]
Thames Water
[edit]He became chief executive of Thames Water in December 2023.[3] Weston takes up the position on 8 January 2024 and will be paid an annual salary of £850,000 and a performance-related bonus of up to 156 per cent, taking his total package to about £2.25 million.[3][6]
Personal life
[edit]He is married with four children.[3] He enjoys fishing and skiing.[3]
References
[edit]- ^ Christopher Phillip Anthony WESTON, Companies House
- ^ Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. ISSN 0261-3077. Retrieved 14 December 2023.
- ^ a b c d e Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. Retrieved 14 December 2023.
- ^ Emily Gosden (29 May 2014). "British Gas boss Chris Weston quits to join Aggreko as Centrica exodus continues". Telegraph. Retrieved 2 December 2020.
- "Chris Weston, Chief Executive Officer". Aggreko. Archived from the original on 18 November 2016. Retrieved 2 December 2020. - ^ "Aggreko CEO Weston to leave within months of £2.3bn takeover". Sky News. Retrieved 27 November 2021.
- ^ Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. ISSN 0261-3077. Retrieved 14 December 2023.