Announcement
GENERAL: GNE: Executive Appointment and Portfolio Reallocation
08:51am
GNE
21/05/2019 08:51
GENERAL
NOT PRICE SENSITIVE
REL: 0851 HRS Genesis Energy Limited (NS)
GENERAL: GNE: Executive Appointment and Portfolio Reallocation
GENESIS ENERGY ANNOUNCES EXECUTIVE APPOINTMENT AND PORTFOLIO REALLOCATION
Genesis Chief Executive Officer, Marc England, has announced a portfolio
reallocation amongst the Executive team. The shift in responsibilities is
designed to enhance their skillsets and build a multi-disciplinary team to
create opportunities for individual development while meeting evolving
business priorities.
- Tracey Hickman has been appointed to the new role of Executive General
Manager Retail Operations.
- Nigel Clark has been appointed to the new role of Executive General Manager
Wholesale Operations & Kupe JV.
- Shaun Goldsbury is a new internal appointment to the Executive, in the role
of Executive General Manager Wholesale Markets.
- James Magill continues with his existing responsibilities, but now as
Executive General Manager Retail Markets.
- Chris Jewell continues as CFO and will assume additional responsibility for
Strategy Development as CFO and Executive General Manager Strategy.
"It is strategically advantageous and central to creating bench-strength in a
team that leaders learn multiple disciplines and translate their leadership
experience across business areas. The agility, energy and success of this
team to date, along with their many years of energy experience make adapting
now to reflect the evolving market an exciting prospect," says Marc.
Matthew Osborne remains General Counsel and Executive General Manager
Corporate Affairs and Nicola Richardson remains Executive General Manager
People and Culture.
The new roles will be effective 1 July 2019.
ENDS
For media enquiries, please contact:
Emma-Kate Greer
Group Manager Corporate Relations
Genesis Energy
M: 027 655 4499
For investor relations enquiries, please contact:
Cameron Parker
Investor Relations Manager
Genesis Energy
P: 09 951 9311
M: 021 241 3150
About Genesis Energy
Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy
company. It sells electricity, reticulated natural gas and LPG through its
retail brands of Genesis Energy and Energy Online. It is New Zealand's
largest energy retailer with around 500,000 customers. The Company generates
electricity from a diverse portfolio of thermal and renewable generation
assets located in different parts of the country. Genesis Energy also has a
46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field
offshore of Taranaki, New Zealand. Genesis Energy had revenue of $NZ2.3bn
during the 12 months ended 30 June 2018. More information can be found at
www.genesisenergy.co.nz
End CA:00334791 For:GNE Type:GENERAL Time:2019-05-21 08:51:34
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