Stewart quits utilities giant after one year

The National Grid has lost its corporate affairs director Margaret Stewart after just over one year in the position.

The National Grid has lost its corporate affairs director Margaret

Stewart after just over one year in the position.



Stewart offered her resignation at the end of October which National

Grid chief executive David Jones said he has accepted ’with

reluctance’.



It is understood that Stewart’s departure was caused by differences with

Jones over the future communications strategy within the company.



Both Stewart and National Grid declined to go into further details

behind the reasons for her abrupt departure.



Stewart said: ’It was my decision and at my instigation ... it was an

amicable parting with no aggression.’ Stewart did not have another job

to go to.



She was responsible for all parts of the 24-strong corporate affairs

department which covered three areas: government relations, PR and

environment.



She reported directly to Jones and took a place on the group executive

committee, a strategic policy group within the company, and had dotted

line responsibility for a US team of five.



Stewart was drafted in to the National Grid from her corporate affairs

job at Yorkshire Water in August 1998. Since her appointment National

Grid’s profile has grown significantly both nationally and

internationally with the acquisition of companies in US and Brazil and a

listing on the US Nasdaq exchange.



In the wake of her departure Jones has put a temporary communications

structure in place until he finds a replacement. The head of the

four-strong government relations team Judith Ward will report to Jones

and general manager of engineering and technology, John Scott, will take

charge of the environmental issues team of four, also reporting to

Jones.



National Grid retains Fishburn Hedges for corporate PR and Citigate Dewe

Rogerson for its financial PR.



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.