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National Grid Announces CEO Transition and New Board Role for John Pettigrew

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National Grid Announces CEO Transition and New Board Role for John Pettigrew

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An update from National Grid Transco ( (NGG) ) is now available.

On September 24, 2025, National Grid announced that John Pettigrew, the current Chief Executive, will retire on November 16, 2025. He is set to join the Board of BAE Systems plc as a Non-executive Director and member of its Audit and Risk Committee starting February 23, 2026. This leadership transition could impact National Grid’s strategic direction and stakeholder relationships.

The most recent analyst rating on (NGG) stock is a Buy with a $79.00 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.

Spark’s Take on NGG Stock

According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.

National Grid’s overall score reflects strong financial performance and strategic investments, tempered by high capital expenditures and liabilities. The earnings call provided positive guidance, supporting future growth, while technical indicators suggest stability without strong momentum.

To see Spark’s full report on NGG stock, click here.

More about National Grid Transco

National Grid plc is a major player in the utility industry, primarily focusing on electricity and gas transmission and distribution. The company operates in the United Kingdom and the northeastern United States, ensuring the delivery of energy to millions of customers.

Average Trading Volume: 711,917

Technical Sentiment Signal: Buy

Current Market Cap: $70.06B

See more data about NGG stock on TipRanks’ Stock Analysis page.

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