- Genesis Energy (GNE) CEO Marc England is set to resign in October
- Mr England notified the company of his intentions to leave on May 25 and the board has now agreed on a departure date of October 14
- It comes after six years in the role and the board acknowledged the “significant value” Mr England brought to the company over that time
- Chief Customer Officer Tracey Hickman will act as interim CEO from October 15 until a new CEO is appointed
- Company shares last traded at $2.31 on June 8
Genesis Energy (GNE) CEO Marc England is set to resign in October.
Mr England notified the company of his intentions to leave on May 25, and the board has now agreed his departure date will be October 14.
It comes after six years in the role, and the Genesis board acknowledged the “significant value” Mr England brought to the ASX 200-listed company over that time.
In a statement to shareholders, Genesis Chair Barbara Chapman thanked the outgoing CEO for his “energy, leadership and efforts”, on behalf of the company.
“Marc has been a highly respected CEO, leading Genesis through an intensive period of change and positioning it for the future as a more sustainable, inclusive and customer focussed business,” Ms Chapman said.
While no reason was given for his resignation, Mr England said it had been a privilege to lead Genesis and to have worked with an “amazing” team of people.
“I am particularly proud of what the Genesis team has accomplished during the past six years and confident the business will continue to perform well whilst leading the way in support of New Zealand’s transition to a low carbon future,” he said.
Genesis Chief Customer Officer Tracey Hickman will act as interim CEO from October 15 until a new CEO is appointed.
Company shares last traded at $2.31 on June 8.