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Mercury NZ Announces Executive Departures and Succession Plans

Story Highlights

Mercury NZ Ltd. ( (MGHTF) ) just unveiled an announcement.

Mercury NZ Limited announced the departures of Phil Gibson, Executive GM Strategic Affairs, and Fiona Smith, Chief People Experience and Technology Officer. Both executives are leaving to pursue new opportunities, with Gibson departing in April 2025 and Smith in February 2026. Their contributions have been significant, with Gibson playing a key role in customer innovations and renewable infrastructure, and Smith leading through major transformations. The company is focusing on succession planning to ensure a smooth transition and continued business evolution.

More about Mercury NZ Ltd.

Mercury NZ Limited generates electricity from 100% renewable sources, including hydro, geothermal, and wind. The company also retails electricity, gas, broadband, and mobile services. It is listed on both the New Zealand and Australian Stock Exchanges, with the New Zealand Government holding a minimum 51% shareholding.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.58B

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

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