SSE PLC
DIRECTORATE CHANGE
The Board of SSE plc is pleased to announce the
appointment of a new independent non-Executive Director,
Hixonia Nyasulu, who will join the Board
on 1 January 2025, following a comprehensive selection
process.
On appointment, Hixonia will join the
Nomination Committee and after an initial period on the Board, it
is intended Hixonia will succeed Helen Mahy as Senior Independent
Director (SID) effective of 18 July 2025.
Helen first joined the SSE Board on 1 March
2016, therefore this transition represents a time-limited extension
to her tenure, and has been agreed to ensure a smooth SID
succession process for Hixonia and the Board. Helen will now step
down from the Board on 17 July 2025, the expected date
of SSE's Annual General Meeting 2025, and will not stand for
re-election.
Hixonia brings significant international
experience at Board level, alongside a diverse and global
perspective. She has served as Chair of Sasol, a global integrated
chemicals and energy company operating in a large number of
countries, and is currently a non-Executive Director of Anglo
American plc and Olam Agri Holdings. She has also served as a
non-Executive Director of Unilever plc and Vivo Energy plc, where
at the latter, she held the position of Senior Independent
Director.
Through all of her non-Executive roles Hixonia
has built a strong understanding of capital-intensive and
safety-critical businesses and of environmental, social and
governance matters. These build on her executive career, where she
started at Unilever in South Africa, before running her own
consulting and market research business for a period of 20 years;
and founding Ayavuna, a female-controlled investment holding
vehicle. Hixonia was a founder member of the Advisory Group formed
by the World Economic Forum to set up a community of global
Chairs.
Following completion of the above succession
plan on 18 July 2025, the Board of SSE plc will
comprise the Chair, three Executive Directors and eight independent
non-Executive Directors; and will comprise seven men and five
women. Each Director of SSE plc is subject to annual
re-appointment and Hixonia's appointment to the Board from
1 January 2025 will be the subject of a resolution at the
Company's Annual General Meeting 2025.
Sir John Manzoni, Chair of SSE plc,
said:
"I am
delighted to welcome Hixonia to the SSE Board both as a
non-Executive Director and as Senior Independent Director
designate. As a highly experienced Board member, she will bring an
increasingly important international outlook, an area where we have
built significant Board strength. She also brings a deep
understanding of governance and a highly commercial lens, further
complementing the Board in these areas. I thank Helen too for the
time limited extension to her position to ensure a smooth handover
in roles following her significant contribution to SSE across her
tenure."
The Company confirms there is no further
information required to be disclosed pursuant to UK Listing
Rule 6.4.8.