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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Bulb boss Hayden Wood to step down from collapsed energy firm

Hayden Wood
Hayden Wood stayed on at Bulb, which has about 1.5 million customers, after it went into ‘special administration’. Photograph: Bloomberg/Getty Images

The chief executive and co-founder of the collapsed energy firm Bulb will leave at the end of July, having continued to receive a six-figure salary while the firm was being propped up by billions in taxpayer loans.

Hayden Wood is leaving Britain’s seventh biggest energy supplier, which has about 1.5 million customers, as the government continues to seek a buyer to save Bulb.

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