Global renewables company RES’ CEO Ivor Catto is to step down from the role and be replaced by the president of turbine manufacturer Vestas’ North American division.
Eduardo Medina will succeed Catto on 1 November, following a handover period in October.
Medina became Vestas’ North America president in September 2020.
Catto has spent the last 13 years in group CEO positions, including more than five at UK-based RES and nearly eight at UK design and engineering consultancy firm Hyder Consulting before RES. He also served as industry group WindEurope’s chairman for two years between 2017 and 2019.
During his time at RES, the company has more than doubled its portfolio of renewables projects it has developed or built to 22GW. RES has also grown the capacity of operational projects that it supports through its asset management and O&M services more than three-fold to 7.5GW.
Catto plans to spend the next year traveling and may return to the industry in a non-executive or advisory role.
His successor Medina has also served as head of Vestas’ Mediterranean unit and held senior and executive positions at SunPower, Acciona Energia, General Electric and Gamesa.
Medina said: “I aim to build on Ivor’s growth of the global business, with a particular focus on forging ahead with RES’ development activities and expanding our international support services offering as we support the growth strategies of our clients.
“There is a clear opportunity to consolidate our position as a leading asset manager and operations and maintenance (O&M) provider, plus, capitalise on the significant market opportunities in our business geographies.”
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