Mark Clare, managing director of British Gas’ Residential Energy business, is to leave the company after 12 years. He is joining construction specialist Barratt Developments as group chief executive.
Clare, who is due to leave at the end of September, joined British Gas in 1994 and was appointed group finance director at Centrica following the demerger in 1997. He took the managing director role at British Gas Residential Energy in 2002.
Centrica incoming chief executive Sam Laidlaw, who joins the company next week, will announce a replacement for Clare “as soon as is practicable”. A statement said Clare had steered “the business through a period of unprecedented wholesale and retail price volatility”.