Business
Board Appointment and Committee Changes
Board Appointment and Committee Changes.
About this update from National Grid Plc
[{"type":"text","content":"\n \nRNS Number : 0975Z National Grid PLC 15 May 2019 \n\n 15 May 2019\nNational Grid plc ('National Grid')\nBoard Appointment and Committee Changes\n \nNational Grid is pleased to announce the appointment of Jonathan Silver as a Non-executive Director of the Board with effect from 16 May 2019. On appointment, Jonathan joins the Finance Committee, Remuneration Committee and Nominations Committee of National Grid plc. \n \nJonathan began his career at McKinsey & Company, inc. moving on to be Managing Director and co-founder of Core Capital Partners, a leading US venture firm, specialising in early stage ventures. He was also Chief Operating Officer of Tiger Management Corp, one of the US's largest and most successful hedge funds. \n \nUS based, Jonathan is currently the Managing Partner of Tax Equity Advisors LLC, an advisory firm that has invested over $400 million in solar power projects on behalf of its Fortune 500 client base. He is a member of the board of Plug Power, a Nasdaq Company and leading US manufacturer of hydrogen fuel cells, and a member of the board of Intellihot Inc. a leading player in tankless water heating. \n \nJonathan has a strong background in government and has been recognised as one of the United States \"Top 10 Green Tech Influencers\", having worked in the US Department of Energy during the first Obama Administration, where he led the federal government's $40 billion clean energy investment fund. He also led a $20 billion fund focused on electric vehicles. Jonathan also served as a senior policy advisor to the U.S. Cabinet Secretaries of Commerce and Interior during the Clinton Administration. \n \nFurther to Jonathan's appointment, the Board has reviewed the current composition of Board Committees and in accordance with the UKLA Listing Rule 9.6.11, National Grid ann...