Independent director Dame Therese Walsh DNZM, FCA has advised that she is resigning from the Contact Energy Board of Directors.

Rob McDonald, Chair said, “Dame Therese has advised that she will be leaving the Contact Energy Board to focus on her governance roles with Air New Zealand and ASB. Dame Therese has made a considerable contribution following her appointment in September 2018 particularly in her role as Chair of the Audit & Risk Committee and member of the People Committee during a time of management change at Contact. We are disappointed Dame Therese is leaving us but understand her rationale given today’s announcement of her appointment as Chairman of ASB and the refocus of her governance portfolio.”

To assist with an orderly transition of the Chair of the Audit & Risk Committee Dame Therese has confirmed she will remain a director whilst the Board undertake a director search. She has advised she will be leaving no later than the end of August 2021.

Investor enquiries
Matthew Forbes
+64 21 072 8578

Media enquiries
Paul Ford
paul.ford@contactenergy.co.nz
Ph 021 809 589