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Gentrack Announces Board Change as Long-Serving Director Steps Down

Story Highlights
  • Utility software provider Gentrack supports over 60 global energy and water companies with its g2.0 platform.
  • Director Darc Rasmussen will leave Gentrack’s board in April 2026, with no further changes expected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gentrack Announces Board Change as Long-Serving Director Steps Down

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The latest announcement is out from Gentrack Group Ltd ( (AU:GTK) ).

Gentrack Group Ltd, a New Zealand-headquartered utility software provider serving more than 60 energy and water companies globally, develops g2.0, an end-to-end, low-code product-to-profit solution in partnership with Salesforce and AWS to support utilities’ business and sustainability transformations. The company announced that long-serving director Darc Rasmussen will step down from the board effective 20 April 2026 after contributing to the firm’s revitalisation, and, following the earlier appointment of John Scott from 1 January 2026, it does not expect further board changes as a result of Rasmussen’s departure.

The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.30 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.

More about Gentrack Group Ltd

Gentrack Group Ltd is a New Zealand-based technology company that has partnered with utilities for over 35 years, providing software and solutions to more than 60 energy and water companies worldwide. Working with partners such as Salesforce and AWS, it offers g2.0, an end-to-end product-to-profit platform using low-code and composable technology to help utilities rapidly launch new offerings, cut cost-to-serve, and enhance customer and operational experiences.

Average Trading Volume: 192,566

Technical Sentiment Signal: Sell

Current Market Cap: A$645.1M

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

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