The chief executive of Cory Riverside Energy, Nicholas Pollard has announced he will step down from his role later this month to pursue new opportunities.
Pollard was appointed to the role in 2015 and has helped streamlined the business and develop its Riverside energy-from-waste (EfW) facility in Belvedere, East London.
The EfW facility is one of the largest in the UK, and processes around 750,000 tonnes of non-recyclable waste each year.
According to a statement, Pollard will step down on 23 April and “pursue new opportunities”, drawing on his “wealth of industry experience in infrastructure construction, operation and funding”.
Prior to joining Cory, Pollard held senior positions at Railtrack plc and Network Rail, and executive positions in Skanska, Bovis Lend Lease, Navigant and Balfour Beatty.
He also currently serves on the CBI Infrastructure Board and is a non-executive director for Interserve.
Cory was bought in June 2018 by a consortium of long-term infrastructure investors, comprising Dalmore Capital, Fiera Infrastructure, Semperian PPP Investment Partners and Swiss Life Asset Managers.
“Cory has transformed from an underperforming conglomerate of waste-related businesses into a focused, world-class EfW business,” said Pollard.
“It has been a joy to lead this company and to work with so many impressive and dedicated people across all parts of the business.
“I came into the role with little knowledge of EfW but I have become, and will remain, a firm advocate for this often-overlooked part of the energy sector,” he added.
“It has become clear to me that EfW has, in both the immediate and long term, a vital role to play in tackling the UK’s current waste capacity gap and preventing unnecessary harm to our environment. I am grateful for all that I have learned at Cory and look forward to following the company’s future successes from afar.”
The chair of Cory Riverside Energy, John Barry, added: “We are grateful that he extended his tenure well beyond last year’s change of ownership to ensure a smooth transition and we wish him all the best in his future endeavours.”