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Mercury board appoints director

Susan Peterson’s appointment follows that of Lorraine Witten, announced earlier this month.

Susan Peterson.

Tue, 23 Aug 2022

Experienced director and business leader Susan Peterson has been appointed to the Mercury board effective September 1, 2022.

Peterson is chair of Vista Group and an independent director of Xero, Arvida, and Craigs Investment Partners. She is also a trustee on the board of Global Women.

Mercury chair Prue Flacks said: “Susan has a particular interest in helping companies drive growth through technology, innovative customer solutions, and organisational culture. That is enabled by her strong commercial background across a range of industries, at both governance and executive level.”

Peterson’s appointment follows that of Lorraine Witten, announced earlier this month.

Flacks said the appointments come as part of the company’s succession plans to balance current and future governance needs: “Susan and Lorraine will add significant commercial and governance experience, positioning the Mercury board well for the medium term.”

Paterson has been a director of Trustpower, ASB Bank, Property for Industry, The New Zealand Merino Company, and Compac Sorting Solutions. She has been a member of the New Zealand Markets Disciplinary Tribunal, a ministerial appointee to the National Advisory Council for the Employment of Women, a member of the IHC board, and was a finalist in the Women of Influence Awards in 2014.

Mercury’s board has determined that Susan Peterson is an independent director for the purposes of the NZX Listing Rules.

Under Mercury’s constitution, Peterson is required to retire at the next annual shareholders’ meeting in September 2022 and stand for election by shareholders at that meeting.


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