Arqiva’s chief executive officer, John Cresswell, is due to step down from his post at the end of August.
In a statement, the UK transmission services provider said that Cresswell has chosen to step down as CEO after four and a half successful years at the company and that his planned departure date would “ensure a smooth transition” to his as-yet-unnamed successor.
“Under his leadership Arqiva has significantly grown its profits, has a forward order book at an all-time high of £6.4bn and will this year deliver record revenues,” said an Arqiva spokesperson.
Cresswell’s replacement will be announced “in due course”.
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