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

 


Electra Appoints New Chief Executive

Electra Appoints New Chief Executive

The Board of Electra Limited are delighted to announce the appointment of Neil Simmonds as its next Chief Executive.

Neil Simmonds has been appointed Chief Executive of Electra Limited, which operates as an electricity owner and operator in the Kapiti Horowhenua region.

Until recently Mr Simmonds had spent thirteen years as Chief Executive of Counties Power; a company that, under his leadership, developed a reputation for delivering an innovative, reliable and cost-effective electricity network. Over the same time he also held senior positions in a number of industry associations and working groups, many of them focused on smart network technology.

Mr Simmonds’ appointment follows an extensive recruitment process that saw more than 40 local and international candidates apply for the role. “The calibre of the people attracted to our business was exciting,” says Electra Chair, Trish McKelvey. “It’s a true testament to Neil that he was selected ahead of some very strong CEOs and senior managers to lead our organisation, and we are looking forward to working with him.”

A qualified Engineer and Fellow of IPENZ, with an MBA from Europe’s leading business school (IMD in Switzerland), Ms McKelvey says Mr Simmonds has a well rounded resume that made him ideal for the role. “We believe Neil has an excellent balance of technical and strategic business skills and experience that will serve both our organisation and the region exceptionally well over the coming years.”

Ms McKelvey says an added bonus was that Counties Power, like Electra, is a customer owned lines company. “This means that Neil has an excellent understanding of the unique responsibilities that come with operating within a Consumer Trust structure,” she explains.

Mr Simmonds will replace current Chief Executive John Yeoman when he leaves the organisation on 30 May. Mr Yeoman announced his retirement in March after 11 years at the helm of the Electra Group.

“We are extremely grateful to John for his leadership over the last decade,” said Ms McKelvey.

“John’s financial stewardship and commercial management skills have been critical in guiding the business through many changes and challenges over that time. John has ensured the company has continued to deliver profit growth and increased returns to the Group’s owners – the company’s electricity consumers.”


[ENDS]

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news