Changes to Mercury’s executive structure

`
The Mercury Building, 33 Broadway, Newmarket 1023

PHONE:
+ 64 9 308 8200
mercury.co.nz
PO Box 90399, Auckland 1142
New Zealand

FAX:
+ 64 9 308 8209



Changes to Mercury’s executive structure

21 January 2021 – Mercury Chief Executive Vince Hawksworth has announced changes to his executive
structure as the renewable electricity generator and electricity retailer looks to the future.
Mercury will realign its business with seven executive roles reporting to the Chief Executive: three current roles of
Chief Financial Officer, Chief Marketing Officer, and General Manager People and Performance; and newly created
roles of General Manager Generation, General Manager Portfolio, General Manager Sustainability and General
Manager Customer.
Disestablished executive roles are: General Manager Retail and Digital, General Manager Hydro/Wholesale,
General Manager Geothermal & Safety, and General Manager Corporate Affairs.
Confirmed in executive roles are Chief Financial Officer William Meek; Chief Marketing Officer Julia Jack; General
Manager People and Performance Marlene Strawson; and current General Manager Hydro/Wholesale, Phil
Gibson, who has been appointed General Manager Portfolio.
The General Manager Customer, General Manager Generation and General Manager Sustainability roles are
subject to a recruitment process.
The new structure will come into effect on 2 February 2021.
Mr Hawksworth, who joined Mercury during the first COVID lockdown last March, says he’s spent time getting to
know Mercury and working with the executive team to plan for the next phase of the business’s evolution.
“The time is now right to implement some changes, with the support of the team, focused on ensuring Mercury’s
continued success and to position us for the future.
“I am strongly committed to this change and believe this is the right thing for Mercury’s future, our owners, partners
and customers,” Mr Hawksworth says.
As part of consultation on the new structure, General Manager Retail & Digital Kevin Angland, General Manager
Geothermal & Safety Nick Clarke, and General Manager Corporate Affairs Tony Nagel, have chosen to leave
Mercury after assisting with transition planning.
STOCK EXCHANGE LISTINGS: NZX (MCY) / ASX (MCY)

NEWS RELEASE

| Page 2 of 2
“Kevin, Nick and Tony have made outstanding contributions to Mercury, with a combined 27 years of service,” Mr
Hawksworth says.
“They have played pivotal roles in helping advance our digital capability; managing and extending our geothermal
capacity; developing our stakeholder relationships and navigating the complex regulatory and political environment
that overlays the energy sector.
“I extend to Kevin, Nick and Tony my thanks for their commitment to Mercury over the years, and the contribution
they have made, and I offer them my best wishes for the future.”

ENDS
Howard Thomas
General Counsel and Company Secretary
Mercury NZ Limited

For investor relations queries, please contact:
Tim Thompson
Head of Treasury and Investor Relations
0275 173 470
For media queries, please contact:
Craig Dowling
Head of Communications
Media phone: 027 210 5337


ABOUT MERCURY NZ LIMITED
Mercury’s mission is energy freedom. Our purpose is to inspire New Zealanders to enjoy energy in more wonderful
ways and our goal is to be New Zealand’s leading energy brand. We focus on our customers, our people, our
partners and our country; maintain a long-term view of sustainability; and promote wonderful choices. Mercury is
energy made wonderful. Visit us at: www.mercury.co.nz