Electricity North West Limited Peter Emery to retire as CEO (2005H)
04 4월 2022 - 11:53PM
UK Regulatory
TIDMBD49
RNS Number : 2005H
Electricity North West Limited
04 April 2022
Electricity North West Limited (the Company)
issued by the Company
4 April 2022
Peter Emery to retire as Chief Executive Officer of Electricity
North West Limited (the Company)
04/04/2022
Electricity North West Limited Chief Executive Officer
Announcement
COMPANIES WITH LISTED DEBT
Electricity North West Limited Board of Directors said on 4
April 2022:
"The Board of directors of Electricity North West Limited
announces with regret that the Chief Executive Officer of
Electricity North West Limited, and director of ENW Finance plc,
Peter Emery has announced his intention to retire, and the Board
has already started the search for a new Chief Executive
Officer.
Pete has led the Company as Chief Executive Officer since 2016.
His extensive background and industrial experience has enabled the
Company to deliver on the commitments for its customers set out in
its ED1 business plan and help it to continue to be one of the top
performing electricity distribution network operators in Great
Britain. During Pete's tenure, he has provided valuable leadership
to the senior executive and wider leadership teams. The Company has
made many notable strategic achievements which are reflected in its
current performance. He leaves an exceptionally talented team in
place and the business in an excellent position for its continued
growth. Pete has significantly improved customer service and the
operational performance of the business, whilst reducing the cost
to serve.
The board thanks Pete for his outstanding leadership of the
Company, and for his extraordinary contribution during a period of
significant evolution in this industry. The Board also appreciates
Pete's commitment to facilitate a smooth transition to new
leadership fully equipped to lead the Company forward in the
transition to net zero and to ensure continuity in our service to
our valued customers.
Pete has made this decision for personal reasons and will remain
with the Company until a replacement CEO is appointed. The search
for the new CEO is underway with the aim to conclude that process
by the end of 2022. Pete's passion and commitment to the Company
will be sincerely missed.
Alistair Buchanan, Chairman of the Company, commented;
"Pete has contributed immensely to the success of the Company
over the past six years. He has led the business into ED2 with a
comprehensive business plan that will help the North West meet its
target of achieving net zero. His leadership will be greatly
missed.
Sion Jones, Chief Operating Officer, Equitix one of the
Company's shareholders commented;
"On behalf of the Board, I wish to express my appreciation of
Pete and his contribution to the Company."
Any queries should be directed to Electricity North West's press
office by email at pressoffice@enwl.co.uk.
Address: Electricity North West Limited, Borron Street,
Stockport, SK1 2JD
Phone: 0844 209 1957
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END
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(END) Dow Jones Newswires
April 04, 2022 10:53 ET (14:53 GMT)
Elc. N 8.875%26 (LSE:BD49)
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Elc. N 8.875%26 (LSE:BD49)
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부터 12월(12) 2023 으로 12월(12) 2024
