Dr Ian Mays to retire from RES

RES has announced that Dr Ian Mays, CEO of RES since its beginnings in 1981, will retire at the end of the current financial year, October 31st 2016. Ian will remain involved with the business as a Non-Executive Director of the Supervisory Board which oversees the activities of all the McAlpine Family businesses of which RES forms a part. Ian’s successor will be Ivor Catto who joins RES from Hyder Consulting plc where he was CEO for seven years.

Dr Mays commented: "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. 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. 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? Ivor has an excellent platform to build from and I wish him and the business every success for the future."

An engineer by profession, Ivor led Hyder in successful international growth including the engineering design and construction supervision of iconic buildings, such as the world’s tallest building – the Burj Khalifa in Dubai. He was also previously an executive board director of WS Atkins plc.

Ivor will join RES on May 3rd as Deputy CEO and will be based at RES’ headquarters in Kings Langley. He will spend his first three months travelling around the company’s offices to get to know its people and its culture, and then after a structured handover in September and October, will assume the role of CEO on 1 November 2016.

Ivor Catto commented on his new role: "Both technically and commercially, RES is one of the world’s most significant renewable energy businesses and I am excited about the opportunity to be passed the baton from Ian to lead its continuing growth and development. I would like to thank Ian for his support and I look forward to learning more from him over the next few months."

Gavin McAlpine, RES Executive Chairman concluded: "I am immensely grateful for the commitment, time and drive that Ian has dedicated to the creation and development of RES to the enviable global position which it occupies today. RES’ success would not have been possible without his leadership and relentless passion for renewable energy and technologies. I am delighted that Ian has accepted the position on the Supervisory Board - his experience and contribution will be invaluable. I am confident that with Ivor’s appointment as CEO, RES will continue to successfully pursue its growth plans and reputation as a market leader in renewable energy."