The MainPower Trust is the organisation which holds the shares of MainPower New Zealand Limited. The Trust has seven Trustees. Trustee elections are held every three years and Trustees are elected by the qualifying customers of MainPower.
The enactment of the Energy Companies Act 1992 required MainPower to become a company with a clear ownership structure and a Company Establishment Plan was developed for this purpose.
The MainPower Trust was established on 24 October 1995 to hold in trust the qualifying customers' and community's entitlement until such time as a distribution was made, and this is the situation right through to the present day. It was agreed MainPower's qualifying customers would be entitled to 80% of the MainPower Trust Fund including the ordinary shares that the Trust held in MainPower. The community as a whole would be entitled to the remaining 20%.
By law, the MainPower Trust must be wound up no later than 25 April 2073. The MainPower Trust assets will, unless there has been a distribution and the Trust wound up at an earlier date, vest in a charitable trust that will be known as the MainPower Foundation.
To learn more about the Trust visit the MainPower Trust website.
The Board of Directors is responsible for overseeing the activities of MainPower and governing the company
Tony joined as a Director in August 2016 and appointed Chairman in July 2017. He is a member of the Board's Remuneration Committee, Audit and Risk Committee and Safety, Wellbeing and Environment Committee.
Tony has extensive experience in senior operational and corporate management roles, as an independent consultant and over 15 years as a company director.
Other directorships: Mt Cass Wind Farm Ltd, Greenpower NZ Ltd, Option One Ltd and Red Bus Ltd. Tony was a Director of Red Bus Ltd from November 2018 to May 2020, at which time he took on the role of Chief Executive, Red Bus Ltd.
Graeme joined as a Director of MainPower in August 2016 and is a member of the Board's Remuneration Committee and a member of the Safety, Health, Wellbeing and Environment Committee.
Graeme is currently General Manager of Hanmer Springs Thermal Pools and Spa, working closely with the complex owner Hurunui District Council, to promote the local region as a significant tourism destination.
Other directorships: Mt Cass Wind Farm Ltd, Greenpower NZ Ltd.
Janice joined as a Director of MainPower in August 2016 and is Chair of the Board's Audit and Risk Committee.
Janice is a professional director with a broad portfolio of current and past directorships,and extensive executive experience. She is a Chartered Accountant and a Chartered Member of the Institute of Directors and holds a Master of Business Administration (Massey).
Other directorships: Janice is Chair of the Civil Aviation Authority and the Aviation Security Service. She is a council member of Lincoln University and a Director of Credit Union Baywide, Mt Cass Wind Farm Ltd, Greenpower NZ Ltd and NZ Shipwreck Welfare Trust (Trustee).
Fraser joined as a Director of MainPower in August 2018.
Fraser is the current CEO of Pioneer Energy, a position held since 2010. He has more than 25 years’ experience in the energy sector as an energy consultant in South Africa before moving to New Zealand and being involved in the distribution, generation and retail environment in both New Zealand and Australia.
Other directorships: Mt Cass Wind Farm Ltd, Greenpower NZ Ltd, Ecogas GP Ltd, Southern Generation GP Ltd and Dairy Creek GP Ltd.
Stephen joined as a Director of MainPower in September 2008 and is Chair of the Safety, Health, Wellbeing and Environment Committee, a member of the Remuneration Committee and sits as the Board representative on the Strategic Asset Management Steering Group.
Stephen is a company director and business consultant with over 45 years’ experience in the electricity supply industry. He has held governance positions in the commercial and not-for-profit sectors. He has previously held executive and senior operational roles in the UK, US and South America. Stephen is a Chartered Member of the Institute of Directors.
Other directorships: Mt Cass Wind Farm Ltd, Greenpower NZ Ltd.
Brian joined as a director of MainPower in August 2018 and is a member of the Audit and Risk Committee. He is an experienced professional director with extensive consulting experience. He is also a Chartered Fellow of the Institute of Directors and holds a Master of Business Administration (Otago).
Other directorships: Brian is Chairman of Canterbury Linen Services Ltd, Delta Utility Services, Invercargill City Holdings Ltd, Buller Holdings Ltd, Westreef Services Ltd and also the Oversight Group for the construction of the highway and rail line from Picton to Christchurch. He is a director of Lyttleton Port Company Ltd and Harrison Grierson Holdings Ltd, HWPC Ltd, Invercargill Central Ltd, Invercargill City Forest, Espatial Ltd, Mt Cass Wind Farm Ltd, Greenpower NZ Ltd and Harrison Grierson Holdings Ltd.
Our Executive Team head up the nine divisions of MainPower, overseen by Chief Executive Andy Lester.
Andy's priority is enabling a strong team to deliver the Asset Management Plan and position the business for growth in the future. Through strengthening the core business, he is ensuring MainPower is able to provide a safe, secure and sustainable business for current and fututre generations.
GENERAL MANAGER NETWORK PLANNING AND STRATEGY
Maintaining public safety, delivering the projects detailed in the Asset Management Plan and preparing the network for the future is what the Network team aims to achieve. Through strategic network investment and a reinvigorated maintenance programme, MainPower can better manage network performance and leverage data to make improved risk-based decisions.
GENERAL MANAGER FINANCE
The Finance team is responsible for organising the financial and accounting affairs of the Company and the provision of strategic advice to managers to assist with ongoing decision making. The team aims to provide timely and meaningful financial reporting while bringing structure, process and discipline into transactional processing.
GENERAL MANAGER SAFETY AND BUSINESS RISK
The Safety and Business Risk team's mission is to integrate risk into everything we do at MainPower. By building a deeper understanding of critical risk we are able to prioritise prevention activities designed to keep our people, community and environment safe.
GENERAL MANAGER NETWORK OPERATIONS
This diverse team manages the daily operations of the business's information and operational technology to ensure network performance.
The team's goal is to ensure that MainPower's assets are operated effectively and efficiently across the entire network while keeping our staff safe. This is achieved through well defined operating procedures, clear responsibilities and a 'one team' culture that consistently strives for improvement.
GENERAL MANAGER CUSTOMER AND CORPORATE RELATIONS
The Customer and Corporate Relations team is dedicated to improving the customer experience, enhancing our digital platforms and continuing to support North Canterbury through our community and sponsorship activities. Proactive customer engagement is helping to inform our Asset Management Plan and strategic decisions to ensure we take into consideration the needs of current and future generations.
GENERAL MANAGER PEOPLE AND CULTURE
Providing a fair and supportive work environment where the highest levels of competency are maintained is one of the core focus areas for the People and Culture team. Personal development is encouraged for all employees and employee engagement is actively measured on a regular basis.
GENERAL MANAGER FIELD SERVICES
The Field Services team is responsible for delivering work throughout North Canterbury while ensuring safety, cost, quality, delivery and the requirements of the customer are always kept in mind. Work management is is continually being refined including all workflow, job costing, productivity and reporting elements.
GENERAL MANAGER COMMERCIAL
Delivering shareholder value through continual business improvement and new growth opportunities is the aim of the Commercial team. Maintaining positive relationships with industry regulators and suppliers is also key to ensuring MainPower is compliant and meeting all business requirements. The team is also leading the delivery of the Mt Cass Wind Farm project.