Mark Hodges named new managing director of British Gas

  • Mark Hodges, the chief executive of insurance broker Towergate, has been named as the new managing director of the Centrica-owned British Gas. Centrica’s announcement comes after Chris Weston said in May 2014 that he was leaving the firm and joining Aggreko.

    Hodges, who will take charge from June 1, will receive £625,000 as basic salary and a bonus of up to 100 per cent if he meets all performance targets. Exceeding the targets could fetch him a 200 per cent bonus, reports said.

    Tagged as: Mark Hodges, insurance broker, Towergate, managing director Centrica, British Gas, Chris Weston, Aggreko, business news