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

 


Northpower appoints new Chair

July 29, 2014

Northpower appoints new Chair

Nikki Davies-Colley has been appointed Chair of Northpower.

She was elected to the role by Northpower’s Board of Directors.

Mrs Davies-Colley replaces Warren Moyes who officially ends his tenure as Chairman on July 31.

Northpower Chief Executive Mark Gatland says Mrs Davies-Colley has developed her governance expertise under the guidance of Mr Moyes, who has been Chairperson for an impressive 21 years.

“Mr Moyes has guided Northpower from an asset value of $52 million in 1991 to $423 million today I have no doubt Warren’s legacy will continue for decades to come,” says Mr Gatland.

“Equally, I’m thrilled that Nikki is stepping into the position. She has been a Director of Northpower since 1995 and through her other governance roles becomes our Chair with a wealth of experience and with a great platform to build on.”

Mrs Davies Colley says she is looking forward to the role and contributing more to her local community.

“Working for such a successful local and consumer-owned organisation is something I see as a privilege and I hope to continue to build on the progress Warren has overseen,” says Mrs Davies-Colley.

“There is no need for changing the Northpower recipe so I will continue to steer us towards our strategic goals of solid growth and innovation with a firm focus on safety.”

Mrs Davies-Colley holds Directorships with Landcorp and Farmlands and will be stepping down from Directorships with Northpower Fibre and West Coast Energy as a result of her appointment to the Northpower Chair role.

Northpower Director Ken Hames is to take Mrs Davies-Colley’s place as Director on the Northpower Fibre Board.

Northpower is a Northland owned electricity distribution company with around 55,000 consumers connected to its network over an area of 5,700 square kilometres across the Whangarei and Kaipara Districts in Northland. Northpower owns more than 3700km of high voltage electricity lines (237km underground) and almost 2100km of low voltage lines (643km underground) in Kaipara and Whangarei Districts, along with the 50kV transmission lines between Dargaville and Maungatapere. It is also one of New Zealand’s leading fibre network companies. www.northpower.com

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news