New BG boss is back in the fold
THE finance chief of drugs group AstraZeneca is to return to his energy roots as finance boss at gas producer BG Group.
Simon Lowth, who stood in as interim chief executive at AstraZeneca until new chief Pascal Soriot arrived, will replace BG’s interim finance chief Den Jones. Lowth cut his managerial teeth at Scottish Power between 2003 and 2007 before moving to AstraZeneca.
Lowth forfeits his AstraZeneca 2013 bonus but BG is to pay him a £725,000 salary and will compensate him. He received a bonus of £1.03million last year.