RES Group chief executive Ian Mays has announced that he will retire later this year after 35 years at the helm of the renewables developer.
Hyder Consulting’s chief executive Ivor Catto will replace Mays (pictured) who will become a non-executive director once he steps down on 31 October.
“It has always been my intention to retire in 2016 and I have been planning for this moment with our Chairman Gavin McAlpine for some considerable time,” said Mays.
“I feel truly privileged to have led the amazing and dedicated team at RES to create the highly respected international business we have today. Who would have thought, when we founded the company all those years ago, that we would build a business employing over 1500 people across 13 countries with a revenue topping one billion pounds?”
He added: “In Ivor, we have found a seasoned international CEO with an impressive track record, who will fit in well with the business and will continue RES’ growth and the journey towards its strategic goals.”
Image: RES
