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Former Virgin Money chief Gadhia to chair energy supplier Ovo
Former Virgin Money chief Gadhia to chair energy supplier Ovo

Yahoo

time10-07-2025

  • Business
  • Yahoo

Former Virgin Money chief Gadhia to chair energy supplier Ovo

A former boss of Virgin Money boss is joining Britain's fourth-biggest home energy supplier as it explores options including a merger with one of its biggest rivals. Sky News has learnt that Dame Jayne-Anne Gadhia, who now holds a string of chairmanships, will become independent chair of Ovo as part of a boardroom shake-up at its parent company. Sources said her appointment would be announced later on Thursday, alongside those of Miguel Gaspar Silva and Andy Cox to the board of Kaluza, Ovo Group's technology arm. Money blog: Top chef reveals thing he hates about customers As part of the overhaul, Justin King, the former J Sainsbury chief, is stepping down as group chairman, insiders said. Dame Jayne-Anne's appointment comes at a crucial time for Ovo, which Sky News revealed this month is in the early stages of merger talks with Scottish Power. It is also separately running a process with potential investors to secure an additional £300m of financial backing. In a statement released to Sky News, Ovo said Dame Jayne-Anne's "understanding of consumer markets and regulatory frameworks will be instrumental in guiding OVO's continued evolution and navigating the dynamic energy landscape". The Kaluza board appointments are designed to help the Ovo-controlled division accelerate its international expansion. Last weekend, Sky News revealed that Kraken Technologies, which is owned by rival Octopus Energy, is being prepared for a demerger, which could value it at about £10bn. Kaluza recently bought Beige Technologies, an Australian energy software specialist, in order to strengthen its presence in the Asia-Pacific region. Founded by Stephen Fitzpatrick, the entrepreneur who now owns London's Kensington Roof Gardens, Ovo's shareholders include the private equity firm Mayfair Equity Partners, Morgan Stanley Investment Management and Mitsubishi Corporation, the Japanese Mr Fitzpatrick, who launched Ovo in 2009, the company positioned itself as a challenger brand offering superior service to the industry's established transformational moment came in 2020, when it bought the retail supply arm of SSE, transforming it overnight into one of Britain's leading energy companies. Read more from Sky News:Its growth has not been without difficulties, however, particularly in relation to its challenged relationship with Ofgem and a torrent of customer complaints about group is now run by David Buttress, who was briefly Boris Johnson's cost-of-living tsar after leaving the top job at Just Eat, as its chief to Ovo's longer-term valuation will be the performance of Kaluza, which was set up to license software to other energy suppliers and provides customers with smart electric vehicle charging and heat pumps, as well as intelligent energy solutions to commercial announced last year that AGL Energy, one of Australia's biggest energy suppliers, had bought a 20% stake in Kaluza at a $500m (£395m) valuation. The British energy company has also entered the electric vehicle car charging sector under the brand Charge Anywhere, adding tens of thousands of public charging points across the UK.

Former Virgin Money chief Gadhia to chair energy supplier Ovo
Former Virgin Money chief Gadhia to chair energy supplier Ovo

Sky News

time10-07-2025

  • Business
  • Sky News

Former Virgin Money chief Gadhia to chair energy supplier Ovo

A former boss of Virgin Money boss is joining Britain's fourth-biggest home energy supplier as it explores options including a merger with one of its biggest rivals. Sky News has learnt that Dame Jayne-Anne Gadhia, who now holds a string of chairmanships, will become independent chair of Ovo as part of a boardroom shake-up at its parent company. Sources said her appointment would be announced later on Thursday, alongside those of Miguel Gaspar Silva and Andy Cox to the board of Kaluza, Ovo Group's technology arm. As part of the overhaul, Justin King, the former J Sainsbury chief, is stepping down as group chairman, insiders said. Dame Jayne-Anne's appointment comes at a crucial time for Ovo, which Sky News revealed this month is in the early stages of merger talks with Scottish Power. It is also separately running a process with potential investors to secure an additional £300m of financial backing. In a statement released to Sky News, Ovo said Dame Jayne-Anne's "understanding of consumer markets and regulatory frameworks will be instrumental in guiding OVO's continued evolution and navigating the dynamic energy landscape". The Kaluza board appointments are designed to help the Ovo-controlled division accelerate its international expansion. Last weekend, Sky News revealed that Kraken Technologies, which is owned by rival Octopus Energy, is being prepared for a demerger, which could value it at about £10bn. Kaluza recently bought Beige Technologies, an Australian energy software specialist, in order to strengthen its presence in the Asia-Pacific region. Founded by Stephen Fitzpatrick, the entrepreneur who now owns London's Kensington Roof Gardens, Ovo's shareholders include the private equity firm Mayfair Equity Partners, Morgan Stanley Investment Management and Mitsubishi Corporation, the Japanese conglomerate. Under Mr Fitzpatrick, who launched Ovo in 2009, the company positioned itself as a challenger brand offering superior service to the industry's established players. Ovo's transformational moment came in 2020, when it bought the retail supply arm of SSE, transforming it overnight into one of Britain's leading energy companies. Warning a pub a day to close this year Its growth has not been without difficulties, however, particularly in relation to its challenged relationship with Ofgem and a torrent of customer complaints about overcharging. The group is now run by David Buttress, who was briefly Boris Johnson's cost-of-living tsar after leaving the top job at Just Eat, as its chief executive. Key to Ovo's longer-term valuation will be the performance of Kaluza, which was set up to license software to other energy suppliers and provides customers with smart electric vehicle charging and heat pumps, as well as intelligent energy solutions to commercial customers. Ovo announced last year that AGL Energy, one of Australia's biggest energy suppliers, had bought a 20% stake in Kaluza at a $500m (£395m) valuation. The British energy company has also entered the electric vehicle car charging sector under the brand Charge Anywhere, adding tens of thousands of public charging points across the UK.

Video captures woman having stroke on TikTok Live: ‘One of the scariest things'
Video captures woman having stroke on TikTok Live: ‘One of the scariest things'

NBC News

time11-04-2025

  • Health
  • NBC News

Video captures woman having stroke on TikTok Live: ‘One of the scariest things'

As Kristie Kaluza started a TikTok livestream to advertise some jewelry, she suddenly felt as if she fainted. But she remained awake and upright. 'I didn't fall. I wasn't on the floor, but I realized I had dropped the jewelry, and my brain was really confused,' Kaluza, 43, of El Campo, Texas tells 'I look up at the camera because I knew my husband was (watching), and I tried to say, 'I need help,' and it wouldn't come out. I couldn't turn my body. I felt super heavy. I couldn't really lift my arms.' Her husband recognized that his wife was having a stroke and called 911. But when she got to the hospital, staff didn't consider that she'd had a stroke at first. 'The people at the hospital ... said, 'You're so young,'' she recalls. 'I come to find out when we finally get to the neurologist … it was a stroke.' An unexpected stroke On January 10, 2025, Kaluza returned home in the early evening and prepared for a TikTok Live to sell her jewelry. She had a normal Friday until she sat down in front of the camera and started feeling strange. When she tried to speak, she couldn't. 'There's a miscommunication, a misfire there somewhere, and I couldn't get out that, 'Hey I don't feel good,'' she says. Luckily, her husband rushed in and recognized the signs of a stroke. 'He said, 'I knew then something was not right,'' Kaluza says. 'If he hadn't have looked down when he did and seen that I dropped the jewelry and I wasn't acting right, I wouldn't have been able to call out for help.' Soon after he called 911, Kaluza started experiencing tremors in her head and hands. 'That was one of the scariest things, not being able to say my words and not having control of my head or my hands,' she says. Bradley Kaluza, her husband, knew the signs of stroke because his mother recently experienced one. According to the American Stroke Association, the signs of stroke, which spell out FAST, are: F: Facial drooping A: Arm weakness S: Slurred or impaired speech T: Time — the faster one gets help, the better the outcome. While Kaluza arrived at the nearby hospital quickly, it didn't have an MRI machine, so she couldn't undergo the scan to see if she'd had a stroke. Her CT scan looked normal, but doctors transferred her to another hospital so she could get an MRI. But that hospital wouldn't perform an MRI because she has a spinal cord stimulator implanted in her back to relieve pain, and they worried it would be unsafe in the MRI, she says. She had the remote to put it in MRI safety mode with her, but they still refused, Kaluza adds. The hospital injected her with a blood-thinning medication, which can break up a blood clot. She was released and underwent an outpatient MRI. The doctor who performed it determined what was wrong. 'The neurologist says, 'Well, we see in the MRI with the contrast you had a stroke,'' Kaluza says. 'My husband says, 'Wait, you are saying she had a full-blown stroke?' And the neurologist said, 'Yes, she did have a small one.'' More specifically, she'd experienced a transient ischemic attack, also known as a mini stroke, which occurs when the blockage of blood flow to the brain is brief and doesn't cause lasting symptoms, according to the Mayo Clinic. The neurologist sent Kaluza to a cardiologist to understand why she had a stroke at a young age. After a variety of tests, she learned she had a hole between the upper chambers of her heart, what's known as a patent foramen ovale (PFO). 'A PFO is something we all have when we're in our fetal development,' Dr. Daniel Hermann, director of structural cardiology at Memorial Hermann Memorial City, who treated Kaluza, tells For most people, 'probably about 90-95%,' the hole closes, he says. For the remaining patients, the hole remains open. Most people are unaware of it and live a symptom-free life. But in some, like Kaluza, that opening allows a clot to pass through and cause stroke. 'For 43 years, I've lived with the hole in my heart and never knew, never had any symptoms,' Kaluza says. 'Just a hole in (my) heart from being born caused a stroke.' PFO treatment While some people might experience migraines from a PFO, most people have few signs that they have one. 'It's not something you have symptoms from,' Hermann says. 'It causes no structural issues.' When younger patients, people typically under 60, experience stroke, doctors sometimes find a PFO as the cause. Patients can take blood thinners to reduce clots, but that can cause people to bleed excessively if they injure themselves, for example. Doctors like Hermann often perform an outpatient procedure to fix the PFO instead. 'In the last decade or so, it's become clear that the most effective way of reducing stroke risk related to a PFO is actually closing it,' he explains. 'That's typically done using a catheter-based approach.' In the minimally invasive procedure, a doctor threads a catheter through a vein in the groin and inserts a 'small plug' into the catheter, which they use to block the opening between the heart chambers. 'It's not something that typically takes too much time and it's something that's very effective as far as closing the hole and preventing further strokes,' Hermann says. Kaluza should be able to do everything she enjoys without any worry of a future stroke. 'Her risk of stroke after having this taken care of it essentially returns her back to any other person … that is of her age,' Hermann says. Raising awareness After Kaluza underwent her PFO closure on March 4, she has been feeling better. 'I can do everything that I could do before,' she says. Still, she struggles cognitively at times, and she can't find the right words or says in the wrong order. 'When my brain works a lot … it starts to get tired,' she says. Sometimes Kaluza wonders what would have happened if her husband didn't see she was having a stroke. '(It's) very, very scary,' she says. 'I don't know how long I would have sat here not being able to move and not being able to call out (for help).' Kaluza hopes that her story encourages others to act quickly if they see someone experiencing stroke. 'We knew what to look for and we called and got help quickly,' she says. 'That's what I want people to learn, how to look for stroke, what to do, how to get help.'

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