Corio Generation announces leadership transition

(4coffshore) Corio Generation, a leading offshore wind developer, has announced a significant leadership transition as CEO Jonathan Cole steps down after three years at the helm. Samuel Leupold, the company’s current Chair of the Board and former CEO of Ørsted Wind Power, will assume the role effective 31 January 2025.

Since Corio’s launch in April 2022, Jonathan Cole has overseen the company’s rapid growth and establishment as a major player in the renewable energy sector. Reflecting on his tenure, Cole said, “It has been a great privilege to lead Corio since its launch. I am very proud of the team and culture we have built and the successes achieved together.”

Incoming CEO Samuel Leupold brings over 25 years of industry experience, including leadership roles at ABB and McKinsey & Company, where he focused on utilities and industrials. As Chair, Leupold has been instrumental in steering Corio’s strategic direction. On his new role, he stated, “I have seen first-hand how the company has coupled impressive growth with the development of a world-class team under Jonathan’s leadership. I am excited to take the company through its next phase of development and project execution.”

Mark Dooley, who will take over as Chair of the Board, praised Cole’s contributions, stating, “Jonathan has led the creation of a world-class offshore wind business. We’re delighted to welcome Samuel as CEO and look forward to his leadership in this next phase.”

The leadership change comes as Corio Generation continues to expand its portfolio of next-generation offshore wind projects across Europe, Asia-Pacific, and the Americas. Leveraging fixed foundation and floating technologies, the company is poised to play a pivotal role in achieving global net-zero energy goals.

As a stand-alone portfolio company of Macquarie Asset Management, Corio’s access to long-term capital and sector-leading expertise positions it uniquely to drive innovation and sustainable energy solutions in established and emerging markets.

This leadership transition signals continuity and ambition as Corio prepares to navigate the evolving renewable energy landscape under Leupold’s guidance.