Iain Conn
Iain Conn | |
|---|---|
| Born | Iain Cameron Conn October 1962 Edinburgh, Scotland |
| Nationality | British |
| Alma mater | Imperial College London |
| Occupation(s) | CEO, Centrica |
Iain Cameron Conn (born October 1962) is a British businessman. He serves as the Chief Executive Officer of Centrica.
Early life
Iain Cameron Conn was born in October 1962[1] in Edinburgh, Scotland. He was educated in Musselburgh, Scotland. He graduated from Imperial College London, where he studied chemical engineering and management.
Career
Conn served as Chief Executive Downstream, of BP.[2] He served as the Group Executive Officer for strategic resources of BP from 2004 to 2014.[2]
Conn has served as the Chief Executive Officer of Centrica since January 1, 2015, replacing Sam Laidlaw.[3][2][4] He earns GBP£3.7 million annually, including GBP£925,000 in salary.[4] By 2015 July, after profits from its subsidiary, British Gas, soared, Conn decided to focus less on oil and gas expansion while leveraging British Gas for the upcoming cold winter, when customers are expected to use more gas than usual for heating.[5] Meanwhile, he lay off 6,000 employees to save GBP£750 million.[6][7]
Conn served on the Board of Directors of BP from 2004 to 2014, and Rolls-Royce Holdings from 2005 to 2014.[3][2] He serves on the Board of Directors of BT.[2]
Philanthropy
Conn serves on the Presidents' Committee of the Confederation of British Industry.[2] Additionally, he serves as the Chairman of the Advisory Board of the Imperial College Business School.[2] He also serves on the Imperial College Council.[2]
Conn is a Fellow of Royal Academy of Engineering, the Royal Society of Edinburgh, the Institution of Chemical Engineers, and the City and Guilds of London Institute.[2]
References
- ^ "Centrica plc". Companies House. Retrieved 25 September 2015.
- ^ a b c d e f g h i "Our Board: Non-Executive Directors : Iain Conn". BT. Retrieved October 23, 2015.
- ^ a b "Our Board Members: Iain Conn". Centrica. Retrieved October 23, 2015.
- ^ a b Gosden, Emily (July 29, 2014). "Centrica appoints Iain Conn as chief executive with £3.7m pay package: British Gas owner says that BP executive will succeed Sam Laidlaw on January 1". The Daily Telegraph. Retrieved October 23, 2015.
- ^ Gosden, Emily (July 25, 2015). "Conn to cut costs as British Gas profits soar: Centrica chief executive unveils results of five month strategic review". The Daily Telegraph. Retrieved October 23, 2015.
- ^ "Centrica boss Iain Conn: Job cuts essential for 'efficiency'". BBC. July 30, 2015. Retrieved October 23, 2015.
- ^ Adams, Christopher (August 2, 2015). "Centrica CEO plots a reversal of fortune: Self-confessed oil man Iain Conn to pull back energy group's upstream business". Financial Times. Retrieved October 23, 2015.