SSE
plc
CHIEF
EXECUTIVE SUCCESSION
13
November 2024
Alistair Phillips-Davies, Chief Executive of SSE plc, has
informed the Board that he intends to retire from SSE during 2025
after more than 11 years of leading the Company. Alistair will
remain in place until a successor is appointed to ensure a smooth
and orderly transition, and he and the rest of the executive team
remain fully focused on the delivery of SSE's strategy.
SSE
Chair, Sir John Manzoni, will now lead a thorough and extensive
recruitment process for Alistair's successor. The process will take
account of SSE's highly experienced and capable internal team, as
well as the wider market, supported by independent recruitment
specialists KornFerry.
Sir
John Manzoni, Chair of SSE, said: "Alistair
has been an exceptional Chief Executive. Under his leadership, the
Group has transformed into a genuine energy transition leader,
sharpening its focus on networks, renewables and flexibility,
whilst successfully entering new markets. Over his 11 years as
Chief Executive he has assembled a world-class team around him and
created a legacy of critical clean electricity
infrastructure. Alistair has also grown
SSE's UK and Irish core, whilst expanding into selected overseas
markets, leaving the Company extremely well positioned to continue
creating long-term, sustainable value for society and shareholders
under his successor. There will be a smooth
and orderly transition with Alistair continuing to lead the Company
until a successor is appointed and of course our net zero aligned
strategy remains unchanged."
Alistair Phillips-Davies, Chief Executive, said:
"Being Chief Executive of SSE is an immense
privilege and I am extremely proud of what we have achieved over
the past decade - right across the Group - as we have steadily
grown into becoming the UK and Ireland's clean energy champion. We
have come a long, long way thanks to the hard work and talent of
countless colleagues during that time, and it has been an amazing
experience to be part of this great team in the UK, Ireland and now
further afield. I remain fully committed to growing the business
until my successor is found and continue to be fully focused on
delivering our clean power strategy with the rest of our highly
capable executive team."
NOTES
Alistair Phillips-Davies joined SSE's
predecessor company Southern Electric in 1997 and became Chief
Executive in July 2013. He has been pivotal in reshaping SSE to
become the UK and Ireland's clean energy champion, with a clear
focus on developing, building, operating and investing in
electricity infrastructure and businesses needed in the transition
to net zero. Under his leadership, the Company has built some of
the world's largest transmission projects and offshore wind farms
whilst steadily adding to an impressive long-term pipeline across
networks, renewables and flexibility.
ENDS
