Centrica plc disclosed that Carol Arrowsmith, its Non-Executive Director and current Chair of the Remuneration Committee, plans to leave the board after nearly six years. Her departure comes at the close of the 2026 Annual General Meeting, scheduled for May 7, 2026. Arrowsmith will not stand for re-election at that gathering.

The energy giant named Sue Whalley as her successor. Whalley steps into the Remuneration Committee chair position and joins the Nominations Committee, both effective immediately after the AGM concludes. Company officials highlighted Arrowsmith’s impact during her tenure.

“On behalf of the Board, I would like to thank Carol for her strong contribution throughout her tenure,” a board statement said. “She has demonstrated exceptional expertise, rigorous governance oversight, and leadership, particularly in her role as Chair of the Remuneration Committee, where her judgement and stewardship have been instrumental to the Board’s effectiveness.”

Arrowsmith joined Centrica around 2020, bringing her skills to key oversight roles. The Remuneration Committee handles executive pay and incentive structures, a critical function amid shareholder scrutiny of corporate compensation. Her exit marks a planned transition, with no abrupt leadership gaps.

Centrica, a major player in the UK energy sector with operations in gas, electricity, and renewables, maintains its board structure otherwise unchanged. Officials confirmed no other matters trigger disclosure under UK Listing Rule 6.4.6R, the regulation covering director changes and potential conflicts.

Whalley, already a Non-Executive Director, brings experience from prior roles in finance and governance. Her dual committee appointment signals continuity in Centrica’s oversight of pay policies and board nominations. The company, headquartered in Windsor, Berkshire, serves millions of customers across Britain and beyond.

This move follows a period of steady board refreshment at Centrica. Investors often watch such shifts closely, especially in regulated industries like energy where governance standards face intense review. Centrica shares traded flat on the news in London.