The chief executive of Viridor and executive director of Pennon Group has said that he intends to retire.
Colin Drummond plans to leave the business in his current capacity at the end of September, but he will remain as non-executive chairman of Viridor once his successor has been appointed.
He has been with Viridor for 20 years as chief executive and led it through sustained growth.
Pennon Group chairman Ken Harvey said: “Colin has made a tremendous contribution to the success of Viridor and Pennon over many years. His leadership of Viridor and the development of its strategy have resulted in the company becoming one of the largest and best respected recycling, renewable energy and waste management businesses in the UK.
“He has put in place the next stage of the company’s strategy, securing a pipeline of energy from waste plants backed by public/private partnership contracts and associated planning permissions. Colin’s decision to retire is therefore a timely one so that his successor can lead the delivery of this major and exciting programme over the next five years.
“I am delighted that he has agreed to become chairman of Viridor so that we do not lose his experience and expertise.”