One of the UK’s largest port operators has announced major changes to its senior leadership team, taking effect from 4 April 2022.
- Chairman Tom Allison is standing down but will remain on the board representing shareholder interests of Peel Group as a non-executive director.
- Mark Whitworth will stand down as Chief Executive Officer but will assume the role of Chairman, overseeing the strategic development and governance of the group.
- Claudio Veritiero will take over as new CEO as the group readies to commence a new investment programme across its primary assets.
Having grown on average by 10% year-on-year for the last decade, and with over £1.2 billion being invested into its operations over the same period, the group’s announcement reinforces its ambition to future-proof the business whilst delivering the next phase of its long-term strategy.
Mark Whitworth said:
“For more than a decade we have consistently been at the forefront of the UK ports industry for the delivery of growth and investment. This has been a transformational period for the business and one that has enabled the group to create thousands of high value jobs within our existing and new facilities.”
“Given that stability in the company leadership has been a cornerstone of our success, the changes we are announcing today have been two years in the planning to ensure a smooth transition.”
“We have ambitious plans to maintain the growth trajectory, which in turn will continue to create positive results not only for our company, but also for the regions and communities we operate within, for many years to come.”
“The time is right for change and Claudio will be integral to making that change happen as he leads the business into an exciting new era.”