OVO appoints new CEO, Chris Houghton, to lead its retail business

Wednesday 5th November 2025

• Chris Houghton is returning to lead OVO as CEO of its retail energy business.
• David Buttress informed the Board of his intention to step down and today, David and the Board have agreed that now is the right time for new leadership. OVO thanks David for his time and commitment to OVO’s employees and customers.
• Chris is an industry veteran with 20 years experience in the energy sector and has a deep understanding of OVO’s business, customers and the energy retail sector, alongside a proven track record of operational and financial leadership. 
• Chris was previously CFO and CEO of OVO (2014-2018) and built OVO into one of the most trusted names in energy. During his tenure, the company topped the charts for customer service, and led the industry in innovation and digital services for customers.
• James Davies, CFO, also steps down.

Dame Jayne-Anne Gadhia, Independent Chair OVO said:

“As the energy market continues to rapidly evolve, OVO is focussed on disciplined operational performance and exceptional customer service. This leadership change will ensure we approach this new chapter with the agility and innovation we need to best serve our customers. Chris’ track record and deep connection with the company make him ideally situated to lead OVO through this pivotal period. 

“I’d like to thank David for his contribution to OVO and commitment to our customers and our people. We wish him the very best for the future.”

David Buttress said:

“Leading OVO’s retail energy business has been a great privilege and I am proud of the progress we have made in strengthening the business and supporting customers. I’d like to thank everyone at OVO for their dedication. I wish Chris and the team every success as they take OVO forward.

Chris Houghton said:

“I know first-hand what a brilliant business OVO is, powered by smart and passionate people. I’m delighted to be back and working with our Chair Jayne-Anne and the team to help realise the potential of the business. With focus, discipline and absolute commitment to customers, we have an opportunity to build an even stronger OVO. I can’t wait to get started.”

About Chris Houghton

Chris Houghton is an accomplished energy industry leader with over two decades of experience in scaling and transforming purpose-driven, technology-enabled consumer businesses in regulated markets. 

As CFO and CEO, Chris was a key member of the leadership team that scaled OVO from a challenger brand into one of the UK’s largest independent energy providers. 

Similarly, during his 6 years as Finance Director at Telecom Plus PLC (Utility Warehouse), he helped grow the business into the FTSE 250 through efficient execution and strong financial control.

Chris is joining us from Alfred Wholesale, an innovative multi-utility start-up that offers its members home-services ‘at cost’, and has recently held CEO roles at both egg Solutions, a Liberty Global subsidiary, and Teemill Tech.