UK-based subsea technology and services company SMD has appointed a new chief executive officer (CEO), after the previous one spent a decade in the role.
The new CEO, Kenny Liu, is succeeding Julian Zhu, who led the establishment of SMD’s innovation division and oversaw the expansion of UK facilities.
“It’s been a pleasure to serve as SMD’s CEO during an important time in our history. As a company committed to delivering cutting-edge solutions, this period has seen us reach significant milestones, including launching our first range of electric vehicles and establishing ourselves as a key player in the transition to electrification,” Zhu said.
“I worked closely with my successor, Kenny, during his time as deputy CEO and general manager, and I look forward to seeing him lead SMD into its next phase of growth.”
According to SMD, the new appointment signals a commitment to continuity and a bold strategic vision for the company as it progresses toward its target of £90 million (around €104.2 million) turnover by 2027.
Liu previously held roles at Dynex and TEC.
“SMD is known across the industry for its commitment to engineering excellence underwater. I am proud to be taking on this role as CEO at such a pivotal time for the business,” Liu said. “Our team is delivering market-leading solutions to clients across the globe, and my focus will remain on building strong customer partnerships, accelerating innovation, and creating the operational resilience needed for continued sustainable growth.”