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Energy One confirms CEO Shaun Ankers will step down after 17 year run

Capital Brief revealed the small cap market darling is set for a change in leadership after a 150% rise in its share price over the past year.

Shaun Ankers will step down as CEO of Energy One. Shutterstock.

The long-serving chief executive of one of the market's best performers is expected to imminently announce plans to step aside after 17 years in the role.

Shaun Ankers, chief executive of the $400 million ASX small cap Energy One, is expected to announce plans to step down and transition to a role on the board, according to a source with direct knowledge of the plans who spoke on the condition of anonymity because they are still confidential.

Ankers is expected to remain in the job to give the FY26 interim result and to help install his successor as part of a gradual transition. Ankers and Energy One did not immediately respond to questions from Capital Brief.

Ankers is going out on a high, having executed on his corporate strategy and having overseen a surge in its share price. The stock closed at $12.58 on Wednesday, having gained 153% over the last 12 months.