Elliott leaving Contact for Origin Energy role
Contact Energy chief financial officer Mark Elliott has resigned to take up a job with Australian parent Origin Energy.
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BUSINESSDESK: Contact Energy, the biggest power company on the NZX 50, says chief financial officer Mark Elliott has resigned to take up a job with Australian parent Origin Energy.
Mr Elliott has been named general manager commercial - energy markets at Origin, the Australian power company that owns 52.8% of Contact.
He will take up the role on July 2.
There has been a regular flow of executives between the two companies.
In April 2011, David Baldwin stepped down as Contact’s managing director to become Origin's chief development officer.
He was replaced by another Origin executive, Dennis Barnes.
Shares in Contact are currently trading at $4.80 and have shed about 8% this year.
Hannah Lynch
Tue, 15 May 2012
Tue, 15 May 2012
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Elliott leaving Contact for Origin Energy role
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