National Grid announced that it has agreed with Dean Seavers, US Executive Director, that for personal reasons, he will step down with immediate effect from his position as a member of the Board and as President of the US business. 

Mr. Seavers has agreed to stay with the business until December 31, 2019 in order to ensure a smooth leadership transition and handover, the company said in the press release.

Badar Khan, currently Group Director Corporate Development and National Grid Ventures and a member of the Group Executive Committee, will take over immediately as interim President of the US business, pending the appointment of a permanent successor to Dean.

The Board will now initiate a thorough process to identify a permanent successor for Dean which will include both internal and external candidates.

Source: National Grid