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Contact Energy Appoints Matt Forbes as New CFO to Drive Decarbonization Efforts

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Contact Energy Appoints Matt Forbes as New CFO to Drive Decarbonization Efforts

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An update from Contact Energy Limited ( (COENF) ) is now available.

Contact Energy has appointed Matt Forbes as the new Chief Financial Officer, following an extensive recruitment process. Forbes, who has been with the company since 2010, brings significant experience in corporate finance, strategy, and investor relations. His appointment is expected to strengthen Contact Energy’s leadership team as the company continues its focus on decarbonization and energy transition in New Zealand. Forbes aims to maximize the potential of recent transactions and renewable investments, ensuring sustainable growth and value for investors and the public.

More about Contact Energy Limited

Contact Energy is one of New Zealand’s largest energy generators and retailers, providing electricity, gas, broadband, and mobile plans to over 640,000 customer connections. The company operates 11 power stations across New Zealand, utilizing geothermal, hydro, and thermal energy. Contact Energy is heavily investing in renewable energy, with $2.3 billion spent on projects including geothermal power stations, a grid-scale battery, and a solar farm.

See more data about COENF stock on TipRanks’ Stock Analysis page.

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