17th April 2020: OVO Energy Announces New Board Chair
17th April 2020: OVO Energy, the UK’s largest independent energy supplier serving nearly 5m customers, announces the appointment of Stacey Cartwright as Chair of a newly created OVO Energy Board.
Following the acquisition of SSE in January 2020, OVO has established a separate Board for its UK retail business, OVO Energy . This is in addition to the existing OVO Group Board. After a short transition period Stacey will formally take her position in June. Stephen Murphy will remain Chair of the OVO Group Board.
Previously, Stacey was the Deputy Chair of Harvey Nichols Group. Under her leadership at Harvey Nichols the brand increased its digital capabilities across the chain of retail stores.
Prior to Harvey Nichols Group, Stacey was the Chief Financial Officer and Executive Vice President of Burberry Group. Stacey is currently on the Board of Directors at Savills, The Football Association, Genpact and AerCap. She was also CFO at EGG PLC, and spent more than a decade at Granada.
The news comes at a pivotal moment in OVO’s journey following the acquisition of SSE Energy Services earlier this year. The new OVO Energy Board will oversee the strategy of the retail business, this will help enable OVO to focus on accelerating progress to net zero carbon living for its 5m members and deliver the OVO Group sustainability strategy, Plan Zero.
Commenting on the appointment, Stephen Murphy, Chair of OVO Group said:
“I am delighted to welcome Stacey as Chair of OVO Energy following the acquisition of SSE and expansion of OVO’s retail activity. Her leadership and extensive governance experience will greatly assist the team in integrating the Group’s activities in these challenging times.”
Stacey Cartwright said:
‘I’m very pleased to be joining OVO at such an important stage of the company’s development. This is a business with an impressive track record of innovation and growth in its sector, and I look forward to continuing this journey with the strong leadership team.”
Notes to editors
OVO Energy includes the retail brands: OVO Energy, SSE Energy Services, Boost, Spark Energy, CORGI HomePlan.
OVO Energy was founded in 2009 and redesigned the energy experience to be fair, effortless, green and simple for all customers. Today OVO Energy and its Retail partners serve nearly 5 million customers, all striving to deliver more affordable clean energy for everyone. OVO is on a mission through its sustainability strategy Plan Zero to tackle the most important issue of our time; the climate crisis, by bringing our customers with us on the journey towards zero carbon living. OVO Energy has committed to being a net zero carbon business and achieve bold science-based carbon reduction targets by 2030, while helping members halve their carbon footprint at the same time.