Hon Simon Power
Minister for State Owned Enterprises

29 November 2010

Media Statement

Minister announces new chair for Meridian Energy

State Owned Enterprises Minister Simon Power today announced the appointment of Chris Moller as chair of Meridian Energy.

Mr Moller was appointed to the Meridian board as a director in May last year. His appointment as chair is effective from 1 January next year to 31 October 2013.

"Mr Moller brings strong governance skills, aligned with extensive senior executive experience to the board,” Mr Power said.

“I look forward to the contribution he will make to Meridian as it further develops its strategy over the coming years."

Mr Moller will replace Wayne Boyd who is retiring on 1 January.

Mr Power thanked Mr Boyd for his work on the board since being appointed as chair in July 2005.

“Under Mr Boyd’s leadership Meridian has returned almost $2 billion in dividends to the Government. He can be proud of his record of achievement in this important role.”

Background

Chris Moller is a Wellington-based company director who was appointed to the Meridian board in May 2009. He is a director of NZX Ltd, Westpac New Zealand Ltd, Skycity Entertainment Group Ltd, and Rugby New Zealand 2011 Ltd, as well as the chair for the New Zealand Transport Agency and New Zealand Cricket. In his previous role as CEO of the New Zealand Rugby Union, Mr Moller jointly led New Zealand’s successful bid to host the 2011 Rugby World Cup. He was a member of the council of the International Rugby Board, and CEO of SANZAR for two years. Before joining the NZRU, Mr Moller held senior posts at the New Zealand Dairy Board, and was Deputy Chief Executive of Fonterra.

ENDS

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