Departing Air New Zealand chairman Tony Carter takes new role at Vector

Former chair of the Commerce Commission Paula Rebstock was also appointed.
PETER MEECHAM/STUFF
Former chair of the Commerce Commission Paula Rebstock was also appointed.

Departing Air New Zealand chairman Tony Carter is among three new appointments to the Vector board of directors.

The Auckland electricity and gas distribution company has added Carter, Dame Paula Rebstock and Bruce Turner to its board.

Board chair Dame Alison Paterson said Vector has been working through a process of board renewal.

"Tony Carter, Dame Paula Rebstock and Bruce Turner are outstanding appointments who bring with them wide-ranging commercial and governance experience to complement the capability already in place around the Vector Board table. We look forward to their contribution as we continue towards our goal of creating a new energy future," she said.

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She said the board had conducted an external review to select candidates who provided skills that were a good fit.

The selection process determined that Rebstock had particular strength in regulatory policy and government relations, Turner in distribution network engineering, operations and market trading, and Carter in customer, new technology disruption,government relations and corporate governance.

Rebstock and Turner's appointments take effect on Tuesday while Carter's starts on May 1.

Former Air New Zealand chairman Tony Carter is joining the Vector board.
JOHN ANTHONY/STUFF
Former Air New Zealand chairman Tony Carter is joining the Vector board.

Carter, a former managing director of Foodstuffs, signalled his intention to stand down as chairman of Air New Zealand mid last year, to take effect this year.

He was involved in a high-profile disagreement with Regional Development Minister Shane Jones, who questioned the airline's commitment to smaller centres of New Zealand and called on Carter to quit.

Carter wrote a strongly worded letter to Finance Minister Grant Robertson, who manages the Government's stake, making the company's independence clear.

"Any appearance of a lack of commercial independence is viewed seriously by the Air New Zealand Board and is ultimately potentially damaging to the interests of all shareholders, including the Crown," Carter said.

 

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