Directorate Change

RNS Number : 6261I

Pennon Group PLC

01 September 2016

 

Pennon Group plc

Change of Director

Pennon Group Plc ("Pennon") today announces that Ian McAulay is leaving the Group to pursue other opportunities. Ian will be stepping down as CEO of Viridor and from the Pennon Board with immediate effect.

Phil Piddington has been appointed as Managing Director of Viridor with effect from 1 September 2016. Phil joined Viridor in 2014 to lead the energy division in his current role of Chief Operating Officer for Viridor. Since joining the Group, Phil has played a key role in delivering Viridor's portfolio of the Energy Recovery Facilities.

Phil has almost two decades of experience in the energy industry. He previously held senior management positions within the RWE Group and prior to that had an extensive career within BP, including Managing Director of BP Energy.

Sir John Parker, Non-Executive Chairman of Pennon, said:

"The Board would like to thank Ian for his valuable contribution to the Company and wishes him every success. Ian leaves Viridor on track to meet management expectations for 2016/17. We are delighted to welcome Phil as Managing Director of Viridor where his wealth of operational experience will be an asset to the Company. I am pleased that the depth of talent within the Group has resulted in our being able to fill this role from within the organisation."

Notes to Editor

Phil Piddington was appointed Chief Operating Officer of Viridor's newly established energy division in 2014. Phil has almost two decades of management experience in the energy business. Prior to joining Viridor, he was Director of Biomass for RWE Innogy GmbH, the renewables firm within the RWE Group, and a member of the Board of RWE Innogy UK. He was also Managing Director of BP Energy Ltd. and Head of Cogen Asset Management for RWE Npower in the UK.

In addition to his Viridor responsibilities he is also Vice President of the Combined Heat & Power Association in the UK and Chairman of Cogen Europe. Phil has a bachelor's degree in Applied Chemistry and an MBA.

Enquiries:

Pennon:	Sarah Heald - Head of Investor Relations	01392 443 401
Finsbury:	James Murgatroyd	0207 251 3801
	Faeth Birch

 

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