Ian Douglas has decided to step down as chief executive of UK subsea cable manufacturer XLCC.
The company which plans to build a new factory at the former Hunterston terminal in Ayrshire, Scotland, said the future development of the business required “a longer time horizon than Ian can commit”.
Douglas will remain a shareholder and will continue to act as a non-executive director and advisor having joined XLCC from Global Marine Group in March 2023.
XLCC Chief Sales and Delivery Officer and former Nexans Norway CEO Ragnhild Katteland has been appointed Chief Executive Officer designate.
She said: “I am delighted to become CEO designate of XLCC at such a pivotal moment. I look forward to working with the team to build a world-class high voltage cable business in Scotland.
“XLCC will play a vital role in supporting the UK and European energy markets as they deliver their transition ambitions.”
Ex-Haventus CEO Lewis Gillies has also joined the company as Executive Chairman designate.
He added: “I would like to thank Ian for his contributions to the development of XLCC; he has put very solid foundations in place.
“I am very excited to join the company and delighted to appoint Ragnhild as our new CEO designate. She brings significant experience of the high voltage cable sector.
“The coming year will see a change in approach from the company, and I look forward to working with Ragnhild.”