Finance
UK's Corio Generation CEO to step down at end of January
Published by Global Banking and Finance Review
Posted on January 22, 2025
Last updated: January 23, 2025
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 22, 2025
Last updated: January 23, 2025
LONDON (Reuters) - Corio Generation CEO Jonathan Cole will step down at the end of January for personal reasons, Australia's Macquarie Group, which owns the UK-based offshore wind developer, said on Wednesday.
Cole, who has been chief executive since the company was launched in 2022, will be replaced by Corio board chair Samuel Leupold, Macquarie told Reuters.
Mark Dooley will take over as chair but Leupold will remain on the board of directors.
Corio Generation is a global offshore wind developer headquartered in London. It is a portfolio company of Macquarie Asset Management operating on a standalone basis and has a project pipeline of around 25 gigawatts (GW) including in Britain, Europe, the Asia-Pacific region, the United States and Brazil.
(Reporting by Nina Chestney; Editing by Emelia Sithole-Matarise)
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