The Scottish wave energy technology company says Neels Kriek and Diana Dyer Bartlett are stepping down “after successfully delivering a series of financial and commercial objectives” for Pelamis.

Both had been commuting to Edinburgh from London on a weekly basis and had told the company that “they now wished to pursue interests closer to their respective homes”.

Pelamis tells Recharge that the company’s current non-executive chairman, Colin Moynihan, will move in to a “hands on” role as executive chairman as the hunt for a new chief executive and CFO is planned.

“We