SSE PLC on Friday named company insider Martin Pibworth as chief executive, starting in July.

The electricity generator said Pibworth will succeed Alistair Phillips-Davies who announced his decision to retire from SSE back in November. Pibworth will formally take over following SSE’s annual general meeting on July 17.

Shares in SSE were 1.4% higher at 1,568.00 pence each in London on Friday.

Pibworth joined SSE in 1998 and has held a number of commercial roles in the company over the past three decades, joining the executive committee in 2012 and the board in 2017.

Currently as chief commercial officer, Pibworth oversees SSE’s Renewables, Thermal, Energy Markets and Energy Customer Solutions businesses.

Outside of SSE, he is Chair of CBI Scotland and a longstanding Energy UK board member.

SSE Chair John Manzoni called Pibworth a ‘proven industry leader, with deep sector experience and a highly strategic outlook’.

‘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.’

For his part Pibworth said he is ‘excited to be leading SSE as the company embarks on its next stage of evolution and growth’.

SSE said the appointment followed a ‘robust’ recruitment process, which considered a strong field featuring internal and external candidates.

Phillips-Davies will continue to serve as CEO until the AGM, at which point he will step down from the board before leaving SSE in November 2025.

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