SSE appoints chief commercial officer as new boss

(Sharecast News) - Energy group SSE has promoted its chief commercial officer Martin Pibworth to the CEO position, replacing current boss Alistair Phillips-Davies who will formally leave the company this summer.

Pibworth first joined SSE as an energy trader in 1998 before stepping up to the executive committee in 2012 and the board in 2017.

He is said to have 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", SSE said.

As CCO, Pibworth is responsible for SSE's Renewables, Thermal, Energy Markets and Energy Customer Solutions businesses.

Phillips-Davies, who announced his decision to retire in November after 11 years of leading the company, will formally step down at SSE's AGM on 17 July.

Chair John Manzoni said Pipworth's appointment comes "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."

SSE