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Channel Infrastructure appoints new Chief Financial Officer

Director Appointment29 June 2023CHIEnergy

channelnz.com


NZX RELEASE

29 June 2023


Channel Infrastructure appoints new Chief Financial Officer

Channel Infrastructure (CHI) today announced the appointment of Alexa Preston as Chief Financial Officer

from 29 September 2023.

Alexa has more than 20 years’ experience in senior management, finance, commercial, investment banking

and advisory roles. Most recently, she held the position of Finance Lead Partner - Group Performance and

Investor Relations at Spark New Zealand Limited.

Commenting, CEO Rob Buchanan said: “I am excited to announce Alexa’s appointment as the CFO of

Channel Infrastructure. With her unique combination of finance and commercial experience she will be a

hugely valuable addition to the team, and I’m looking forward to her helping to shape and deliver our strategy

and execute on the growth opportunities ahead of us.”

Ms Preston says: “I am delighted to be joining the Channel Infrastructure team. There are many exciting

opportunities to leverage Channel’s unique and highly strategic asset base to facilitate New Zealand’s

energy resiliency and transition, and to support decarbonisation. I look forward to working with the team to

deliver on these opportunities to drive Channel’s continued success.”

Alexa is a Chartered Accountant and began her career with PricewaterhouseCoopers. She has held senior

roles with Grant Samuel & Associates, KPMG, NZME Limited and Spark New Zealand Limited.

Alexa will take over from Denise Jensen, who has provided invaluable leadership, support, and continuity

when she returned to the role as interim Chief Financial Officer.


- ENDS -


Authorised by:

Chris Bougen

General Counsel and Company Secretary

Investor contact

Anna Bonney

investorrelations@channelnz.com


Media contact

Laura Malcolm

communications@channelnz.com

+64 21 0236 3297



channelnz.com

About Channel Infrastructure NZ

Channel Infrastructure is New Zealand’s leading fuel infrastructure company. Channel Infrastructure owns

critical infrastructure, supplying the Northland and Auckland markets, which make up 40% of New Zealand’s

transport fuel demand and all of the jet fuel to the Auckland International Airport. Utilising the deep-water

harbour and jetty infrastructure at Marsden Point, as well as 280 million litres of storage tanks, and the 170-

kilometre pipeline from Marsden Point to Auckland we receive, store, test and distribute fuel owned by our

customers. Channel Infrastructure’s wholly-owned subsidiary, Independent Petroleum Laboratory Limited,

provides fuel quality testing services at Marsden Point and around New Zealand.

Channel Infrastructure is well positioned to support New Zealand’s changing future fuel needs, with growth

opportunities at the Marsden Point site including additional fuel storage to support fuel security, and work

underway with customers and partners on biofuel and hydrogen opportunities.


For more information on Channel Infrastructure, please visit: www.channelnz.com

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