Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Mighty River Power Appoints GM of Business Strategy

MARKET ANNOUNCEMENT
5 December 2012
Mighty River Power Appoints General Manager of Business Strategy And Solutions

Mighty River Power has appointed Matthew Olde to the position of General Manager of Business Strategy and Solutions, a new position on the Executive Management Team.

Chief Executive, Doug Heffernan, said that this new role will initially have responsibility for the Communications and Legal functions, and then in 2013 the role will expand to include a newly created Business Strategy function and Group Information Services.

"We are delighted to appoint Matthew to this position. His experience means he is well equipped to contribute to the executive team and to help drive performance improvement in Mighty River Power as the business continues to evolve.”

Mr Olde joined Mighty River Power in 2010 and most recently has been the IPO Project Manager, overseeing the Company’s preparations for a potential listing. Mr Olde’s previous experience includes over a decade in the investment banking industry in Auckland, Sydney and London. His appointment to this role is effective immediately and he will continue as the IPO project manager until completion of the project.

Bruce Waters, who held the position of Acting General Manager Corporate Affairs, will continue to focus on Maori and Government relationships and on positioning the company through the changes taking place in national water policy development.
ENDS
About Mighty River Power
Mighty River Power is one of New Zealand’s largest electricity companies – with its core business based on reliable, low fuel-cost electricity generation complemented by sales to businesses and homes, which account for about 18% of New Zealand’s total electricity consumption.
The Company operates nine hydro power stations, four geothermal plants and a multi-unit gas-fired station. More than 90% of its electricity production is from renewable sources. Mighty River Power sells electricity through multiple channels and retail brands, including Mercury Energy, GLO-BUG, Bosco Connect and Tiny Mighty Power. Mighty River Power also has investments in international geothermal projects.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Three Months On: Quake Reciovery In Kaikōura And Elsewhere

Three months after the magnitude 7.8 earthquake on 14 November, encouraging recovery progress is being made in affected communities. More>>

ALSO:

Jetstar, Qantas For Govt Transport: Government Still In Talks With Air NZ

The government is still negotiating with national carrier Air New Zealand in a cross-agency air travel contract that will add a number of new airlines to the list of approved flyers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news