Meridian Energy Limited (MEL.NZ)

4.6000 +0.0200 (+0.44%) At close: 05:00PM NZST

Meridian Energy Limited

55 Lady Elizabeth Lane
Level 2 Wellington Central
Wellington 6011
New Zealand
64 4 381 1200
https://www.meridianenergy.co.nz

Sector(s): Utilities
Industry: Utilities—Renewable
Full-time employees: 1,001

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Neal Barclay BCA, CA (NZICA)	Chief Exec. Officer	1.64M	N/A	N/A
Mr. Mike Roan	CFO and GM of Fin. & Strategy	N/A	N/A	N/A
Mr. Bharat Ratanpal	Chief Information Officer	N/A	N/A	N/A
Owen Hackston	Investor Relations Mang.	N/A	N/A	N/A
Mr. Jason Stein BCA, LLB	Chief People Officer, CEO of Meridian Energy Australia Pty Limited & Powershop Australia Pty Limited	N/A	N/A	N/A
Mr. Jason Woolley	Gen. Counsel & Company Sec.	N/A	N/A	N/A
Polly Atkins	External Communications Mang.	N/A	N/A	N/A
Ms. Claire Shaw	Gen. Mang. of Corp. Affairs & Sustainability	N/A	N/A	N/A
Ms. Lisa Hannifin	Chief Customer Officer	N/A	N/A	N/A
Ms. Nic Kennedy	Chief Exec. Officer of Flux Federation Limited	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NZD.

Description

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

Corporate governance

Meridian Energy Limited’s ISS governance QualityScore as of 1 June 2022 is 6. The pillar scores are Audit: 3; Board: 5; Shareholder rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.