Meridian CFO resigns

Company News

by Anna Napoli

Meridian Energy (ASX:MEZ) has today announced that Chief Financial Officer, Paul Chambers has decided to leave the company after nearly ten years.

His final day will be April 12 in order for him to pursue other opportunities without potential conflicts of interest arising.

The company says as leader of the company’s Financial and Strategy functions Paul has played an instrumental part in the success of Meridian over a long time.

The New Zealand power company started the year on a strong footing with February retail sales volumes in 21.9 per cent higher the same time last year.

Shares in Meridian (ASX:MEZ) crossed above its 15 day moving average at $3.88 before closing 2.67 per cent higher at $3.85 yesterday.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.