Teesside steelmakers SSI UK have announced that Phil Dryden is stepping down as chief executive at the end of the year.
The company said Dryden is leaving following “the successful completion of the three year business start up plan”.
From January 1 2014, SSI Group CEO Win Viriyaprapaikit will assume the chief executive’s responsibilities.
The firm said Dryden will assist with the transition in a new role as business consultant until March 31 2014, when he will leave the company.
Win Viriyaprapaikit said: “Phil has made a tremendous contribution to get us through the business start up phase – with key accomplishments such as the recruitment of a new workforce; the setting up of business processes; the licence to operate permissions; establishing relationships with key stakeholders; the refurbishment of the mothballed assets and the successful restart of the operations.
“This was followed by the refining of post start up business processes and operations, and the successful commissioning of the PCI plant – leading the business towards stabilisation.
“It was always envisaged that the task would take approximately three years and therefore Phil’s contract had been constructed around that time frame.
“Phil has accomplished all of that and it is now possible to reconfigure the group organisation to allow SSI UK to fit into the portfolio of other operating units within the Group.
“Until the end of his contract, Phil will continue to work with us to make the transition in a seamless, structured way and continue to advise us as a consultant.
“We would like to thank Phil for his leadership and contribution through the last three years and wish him success in his future endeavours.”