MRP's offer document disclosed Mr Janes’ stint as a director of finance company Capital + Merchant which, 18 months after he quit the board, collapsed owing $167 million to 7500 investors.
Investors weighing up the Mighty River Power share offer would do well take a peek at rival company Contact Energy. Here are the numbers:
Founding chief executive of Mighty River Power to leave the company after 16 years at the helm.
"No CEO can be effective in a role after 16 years ... the man needs to step aside and let some of the younger talent come through and shine."
The appointment has Reserve Bank approval and will come after the sell-down of the government's stake in Mighty River Power.
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