Synergy chairman Lyndon Rowe is confident Synergy’s new board, which was boosted today with the addition of three members, will operate harmoniously.
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Synergy chairman Lyndon Rowe is confident Synergy’s new board, which was boosted today with the addition of three members, will operate harmoniously.
Synergy chairman Lyndon Rowe is confident the state-owned utility's new board, which was boosted today with the addition of three members, will operate harmoniously.
Their appointments follow the walkout of three directors and the chairman in July.
Mr Rowe, who was appointed in August, said he was pleased to welcome Michele Dolin, Kim Horne and Samantha Tough.
They join Mark Chatfield, Michael Goddard and David Hunt, whose August appointment was questioned when it was later revealed he was based in New Zealand and had to fly in for some meetings.
In July, (then) chairman Michael Smith and former board members Keith Spence, Margaret Seares and Eric Hooper quit, blaming Energy Minister Mike Nahan for intervening with a proposal to install a new chairman, and conflict with the remaining board members.
Mr Rowe said he was confident Synergy's new board would operate harmoniously.
“We’ve now got a really good mix of skills around the board table and that’s going to be very important in making sure Synergy can achieve its potential,” he said.
“I’ve now got, I think, a good competent and highly skilled board.”
Dr Nahan said Michele Dolin had held senior roles at GESB and Peet as well as number of directorships in Western Australia, including Curtin University and the Association of Superannuation Funds of Australia.
He said Mr Horne had extensive experience in the minerals industry, including senior roles at Alcoa of Australia and was appointed as a member of the order of Australia in January 2014 for his services to the mining industry.
He said Ms Tough had extensive experience in the mining, resources and energy industries, holding key positions in Woodside Energy, including the North West Shelf Venture, and was a director at CBH Group, Saracen Mineral Holdings and Strike Resources.
Mr Rowe said he thought the deal Synergy recently struck to pay Premier Coal more for coal supplies to stabilise the struggling coal industry in Collie and protect jobs, while seemingly not increasing the cost of electricity, was a good commercial arrangement.
Rank | Company | # | |
---|---|---|---|
1st | ![]() | Gold Corporation | $23.19bn |
2nd | ![]() | Synergy | $3.44bn |
3rd | ![]() | Water Corporation | $3.29bn |
4th | ![]() | GESB | $2.92bn |
5th | ![]() | Western Power | $1.84bn |
Rank | Company | # | |
---|---|---|---|
1st | ![]() | Western Power | 2,300,000 |
2nd | ![]() | Water Corporation | 1,365,217 |
3rd | ![]() | Synergy | 1,174,588 |
4th | ![]() | ATCO Australia | 800,000 |
5th | ![]() | Alinta Energy | 430,048 |