21 Sep 2005
Morrison & Co has appointed Kevin Baker as Chief Financial Officer for Infratil Limited under its management contract with Infratil. Infratil's Chairman David Newman commented
"The appointment of a new Chief Financial Officer for Infratil is an important step towards the continued growth and development of Infratil. Whilst Morrison & Co has made the appointment under the terms of its management contract I have been fully involved with the appointment process, including interviewing a number of the candidates. I was impressed with the quality of the potential appointees and am very pleased with the appointment of Kevin Baker, who has excellent credentials and experience for the role."
Morrison & Co's and Infratil's CEO, Lloyd Morrison, said "Kevin comes to us well qualified for the role of Infratil's CFO. He has had considerable experience as a CFO of one of New Zealand's largest energy infrastructure companies. In addition to being experienced in the financial and management reporting requirements of a large listed company he has relevant energy sector knowledge and an understanding of the risk and regulatory issues facing infrastructure companies. We were looking for a person capable of managing Infratil's financial and reporting requirements as the Company grows internationally - we are very pleased that Kevin has agreed to take on this role, which he will begin in mid-October."
Mr Baker was Chief Financial Officer of NGC from 1999 until
its recent acquisition by Vector. NGC is an energy infrastructure and services company, with interests in natural gas and LPG processing, transportation and sales, and energy metering. Prior to its acquisition in August 2005 NGC had assets approaching $2Bn, turnover in excess of $500M and a market capitalisation of $1.6Bn.
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