MRP appoints top digital marketing guru Andy Lark to board

Andrew Lark
Patrick Strange
MightyRiverPower 12-month price history (NZX.com)

Free audio stream, including stories that are padlocked on our site. Listen on any device, anywhere. Updated twice daily. The audio stream takes several seconds to start on Android devices.

Launch Radio player

State-controlled electricity generator and retailer MightyRiverPower [NZX: MRP] has attracted one of New Zealand's most globally experienced marketing experts, Andy Lark, to its board, adding heft following the signing of former Transpower chief executive, Patrick Strange, to governance duties earlier this year.

Awarded the inaugural New Zealander of the Year Award, Lark served as chief marketing officer for US online computer retailer Dell, and more recently as CMO at the Commonwealth Bank of Australia, the country's largest.

He is already a director of NZX-listed retail data analytics firm SLI Software and of the venture capital fund, No 8 Ventures.

"At a time when we are seeing opportunities in our industry to innovate and use technology to drive benefits for consumers, it is fantastic to have a Kiwi joining our Board with this sort of global experience in marketing and online across business-to-business and consumer sectors, as well as a strong record in emerging technologies," MightyRiverPower chairwoman Joan Withers said in a statement.

Lark's appointment returned the MRP board to an "appropriate complement" of eight directors. Lark and Strange will require re-election by shareholders at MRP's second annual meeting since 49 percent of the company was privatised in a share float in May 2013.

MRP shares were trading unchanged at $2.26 on the NZX this morning, compared with $2.34 a year ago and a listing price of $2.50.

(BusinessDesk)


This article is tagged with the following keywords. Find out more about MyNBR Tags

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7680 0.0000 0.00%
AUD 0.9866 0.0000 0.00%
EUR 0.7101 0.0000 0.00%
GBP 0.5130 0.0000 0.00%
HKD 5.9663 0.0000 0.00%
JPY 91.3140 0.0000 0.00%

Commods

Commodity Price Change Time
Gold Index 1202.7 5.690 2015-04-17T00:
Oil Brent 63.5 1.740 2015-04-17T00:
Oil Nymex 55.7 -1.000 2015-04-17T00:
Silver Index 16.2 -0.050 2015-04-17T00:

Indices

Symbol Open High Last %
NZX 50 5881.8 5884.7 5881.8 -0.34%
NASDAQ 4966.1 4974.1 5007.8 -1.52%
DAX 11942.4 12019.8 11998.9 -2.58%
DJI 18102.6 18102.6 18105.8 -1.54%
FTSE 7060.4 7093.5 7060.4 -0.93%
HKSE 27808.2 27969.4 27739.7 -0.31%
NI225 19810.4 19815.2 19885.8 -1.17%