Thursday 8 May 2014

Pacific Hydro appoints new CEO

The Board of global clean energy solutions provider Pacific Hydro today announced that Michael Fuge will become CEO of the company in early July 2014, which will facilitate a smooth transition from Rob Grant who steps down at that time. Michael’s appointment is the culmination of a global executive search announced in October last year.

Michael has 20 years of international experience in the energy sector. His career has focused on driving transformations in performance in the areas of growth, productivity, efficiency, safety and people engagement.

“This is an outstanding appointment. Michael has deep energy experience across exploration, production and distribution, having led large teams and complex, large-scale developments in New Zealand, as well as in diverse cultures including Oman and Brunei,” said Garry Weaven, Chair of Pacific Hydro.

“Pacific Hydro has diverse renewable energy sources across multiple geographies and as CEO, Michael will focus on realising the significant value potential of the company.

“The global outlook for the renewable energy sector is strong and Michael will selectively consider growth opportunities within an overall framework of operational excellence to deliver strong performance returns to investors.”