SSE boss to retire as energy giant reports sharp rise in profit
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy SSE boss Alistair Phillips-Davies is to retire after more than 11 years at the helm, as the energy company reported a more than one-quarter jump in profit. Mr Phillips-Davies oversaw SSE’s exit from the retail energy market in 2019, selling that part of its business to Ovo, and kicked off a five-year, £20.5 billion investment plan, which it is now halfway through. Chairman Sir John Manzoni said Mr Phillips-Davies turned the company into a “genuine energy transition leader, sharpening its focus on networks, renewables and flexibility, whilst successfully entering new markets”. “SSE will be a key delivery partner with our £20 billion investment programme and the scale and quality of our project pipeline that spans renewables, electricity networks and flexible power plants – which will all be required to make clean power a reality.”
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