Port of Liverpool operator Peel Ports begins search for a new chief executive as Claudio Veritiero quits after almost five years in the role. Tony McDonough reports

Claudio Veritiero is standing down as chief executive of Peel Ports after almost five years in the job.

Now the Port of Liverpool operator is beginning a search for a new chief executive. In the meantime Mark Whitworth, non-executive chairman and former Peel Ports CEO, will become executive chairman on an interim basis.

During his tenure, Claudio Veritiero has led a period of significant growth and transformation at Peel Ports Group, delivering annual profitability growth of 9% and “substantial increases in revenue”.

In its most recent accounts for the 12 months to March 31, 2025, Peel Ports saw a 10.5% rise in revenues to £766m and a 15% uplift in pre-tax profits to £163m.

He has overseen major strategic investments across the business, including the £28m Alexandra Complex warehousing development at the Port of Liverpool. He also led the acquisition of Humber Bulk Terminal.

“This was a decision I reached after a great deal of thought, so I can devote more time to my family in the South East and to some important personal priorities,” said Claudio.

“It has been a huge privilege to lead Peel Ports Group through such an important period of sustained growth and transformation, and to work with so many talented, experienced and committed people.

“I leave with enormous pride in what we have achieved together and with complete confidence in the future of the business.”

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Mark Whitworth added: “This is a very personal decision by Claudio which we understand and respect. The company is very grateful for the extraordinary effort he has devoted to the company during his time with us.

“His leadership has continued a period of growth and high performance throughout very challenging times, especially considering the global economy. He leaves with our very best wishes.”

Peel Ports is the UK’s second-biggest ports operator with facilities in Liverpool, Heysham, Medway, Clydeport, Great Yarmouth and Dublin. Its assets also include Manchester Ship Canal.