New chair for WEL Networks

New chair for WEL Networks

March 14, 2017

Professional director and investor Rob Campbell is to be appointed Chair of WEL Networks Ltd.

The announcement was made today by WEL Energy Trust chair, Mark Ingle. WEL Energy Trust is responsible for appointing all directors to the WEL Networks Ltd board.

Ingle said Campbell’s appointment was made after a nationwide search.

“We wanted someone who was dynamic and high-performing and who would bring significant experience to the table,” Ingle said. “Rob has an interesting and diverse background and will make a significant contribution in a changing and challenging sector.”

Campbell chairs two other boards; Summerset Group Holdings Ltd and Tourism Holdings Ltd. He is a board member of T&G Global Ltd and Precinct Properties Ltd plus holds a number of advisory board positions.

Prior to becoming a professional director Campbell was a director and investment manager, an economic consultant, a union advisor and an economist. He holds a Bachelor of Arts with Honours in economic history and political science and a Master of Philosophy in economics.

Campbell will replace current WEL Networks chair Margaret Devlin who will retire from the WEL Board at the company’s annual general meeting in June. Devlin has chaired the company since October 2014 and joined the board in 2007.

“Margaret very ably led the company through a period of considerable change and growth as it expanded from a lines business into a complex infrastructure company with a major investment in ultra-fast fibre,” Ingle said.

“She will leave WEL Networks in a very strong position and much of that is down to her leadership and vision.”

WEL Networks owns the electricity lines and equipment in Hamilton, most of the Waikato district and a small part of the Waipa district. WEL Networks also holds an 85 per cent shareholding in Waikato Networks Ltd which owns 100 per cent of Ultra-Fast Fibre Ltd. WEL Energy Trust owns WEL Networks Ltd on behalf of the community.

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