REG - SSE Plc - Chief Executive Succession

SSEAnnouncement

13/11/2024 07:15

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RNS Number : 9795L  SSE PLC  13 November 2024

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

 

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