People Moves: SSE Plc appoints Martin Pibworth as Chief Executive Officer
Perth, Scotland (Press Release) -- SSE plc are pleased to announce the appointment of Martin Pibworth as Chief Executive designate, following a competitive recruitment process. Current Chief Executive Alistair Phillips-Davies CBE announced his decision to retire from SSE in November 2024 and Martin will formally take over from Alistair following SSE's Annual General Meeting (AGM) on 17 July 2025.
Martin joined SSE in 1998 and has progressively held a number of key commercial roles in the Company over the last three decades, joining the Executive Committee in 2012 and the Board in 2017. As Chief Commercial Officer he has been overseeing SSE's Renewables, Thermal, Energy Markets and Energy Customer Solutions businesses. Martin has a deep understanding of energy markets and large capital projects, and has been at the heart of the design and delivery of SSE's highly successful corporate strategy. Outside of SSE, he is Chair of CBI Scotland and a longstanding Energy UK Board Member.
Sir John Manzoni said: "The Board is delighted to have appointed Martin as our new Chief Executive. Martin is a proven industry leader, with deep sector experience and a highly strategic outlook, demonstrating all of the attributes needed to be a successful Chief Executive at this hugely exciting time for the Company. The Board concluded that Martin was the outstanding candidate in a very competitive process and I look forward to supporting him as he leads SSE through the next phase of development and growth.
"Alistair has been an exceptional Chief Executive, leading the Company's transition into being the UK and Ireland's clean energy champion, whilst delivering true and lasting value for all of our stakeholders. As well as his legacy at SSE, his support in ensuring a smooth handover of responsibilities continues to be greatly appreciated."
Martin Pibworth said: "I'm excited to be leading SSE as the Company embarks on its next stage of evolution and growth. As an integrated electricity group focused on the energy transition, we are well-placed for long-term growth from our established positions in networks, renewables and flexibility. In our highly dynamic operating environment, we have the capabilities and portfolio to manage complexity and volatility, whilst pivoting towards value as it emerges. I look forward to continuing to work with governments, shareholders and other stakeholders on powering society's needs whilst creating sustainable value as we electrify the economy."
The announcement comes after a thorough succession process, overseen by SSE Chair Sir John Manzoni and the Nomination Committee, with assistance from independent recruitment experts Korn Ferry. This process, which evaluated a talented pool of both internal and external candidates, was founded on the Board's long-term succession planning for the Group Chief Executive role.
Alistair Phillips-Davies will continue to serve as Chief Executive until the AGM, at which point he will step down from the Board before leaving SSE in November 2025. He will remain as non-Executive Chair of SSEN Distribution during this time.
When both Alistair and Helen Mahy step down from the Board at the conclusion of the AGM on 17 July 2025, the Board of SSE plc will comprise the Chair, two Executive Directors and eight independent non-Executive Directors; and will comprise six men and five women,
Source: SSE Plc Press Release
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