Stuart Holley of Subsea7 will take over as Xodus CEO from October 1 and will work in close collaboration with Steve until the end of the year as part of a managed transition.
Steve co-founded Xodus in 2005 and has been a key part of its success, growing from a small start-up in Aberdeen to now employing 500 people in energy hubs around the world.
Steve said: “After 20 years of building and leading Xodus, the time has come for me to step back to give more space for family and personal life. It is the right time for someone new to guide us into our next chapter. I could not be prouder of what we have achieved together and the legacy we have created.
“I will be supporting Stuart and the team to ensure the transition is smooth and seamless for our clients. With the experience and expertise within the company, I have full confidence that Xodus will play a significant role in the energy transition over the next 20 years.”
Stuart Holley will leave his role as Subsea7’s Global Field Development Group Director to join Xodus.
Stuart said: “I’m looking forward to working with Steve over the coming weeks. His long history with Xodus is a huge asset and I will be learning from his experience as we prepare for a successful transition.
“It’s a real privilege to have this opportunity to lead Xodus. I’ve worked alongside the business and seen first-hand the talent, the values and the sense of purpose that make Xodus so unique. I aim to build on these strengths, focusing on our people, new business and adding value to our clients.”