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Ex-Tiger Management Operations Head Silver To Join National Grid Board

LONDON (Alliance News) - National Grid PLC on Wednesday announced the appointment of former Tiger ...

Alliance News 15 May, 2019 | 11:08AM
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LONDON (Alliance News) - National Grid PLC on Wednesday announced the appointment of former Tiger Management Corp executive Jonathan Silver to its board.

Silver will join the FTSE 100 power company from Thursday as a non-executive director.

He is currently managing partner of Tax Equity Advisors LLC, an advisory firm which has invested over USD400 million in solar power project on behalf of clients.

Silver started his career at McKinsey & Co Inc, and then worked at Core Capital Partners before becoming chief operating officer at hedge fund Tiger Management.

National Grid said he has a "strong" background in government, and worked in the US Department of Energy during the presidency of Barack Obama, leading the US government's clean energy investment fund.

National Grid Chair Peter Gershon said: "The board is delighted to appoint Jonathan as an independent non-executive director."

"Jonathan's strong background in finance and government policy and his long career at the intersection of policy, technology, finance, and energy will bring very positive insight to the board's policy discussions and to its interaction with management," Gershon said.

Shares were 0.8% lower on Wednesday at a price of 843.50 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
National Grid PLC 893.10 GBX -0.63

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