Contact Energy Ltd (NZX & ASX: CEN) has appointed a new director who will join the board on November 1.
Jon Macdonald, who has experience in the digital business, spent the last 15 years at Trade Me Group and has been chief executive there.
Chairman Rob McDonald said this appointment represents completion of the board succession process that was signalled earlier this year.
Prior to joining Trade Me, Macdonald worked in London for HSBC Investment Bank in a variety of technical and management positions, and has worked for Deloitte Consulting with a focus on telecommunications and financial services.
He is also director of NZX, and also serves on the Remuneration, Conflicts and Regulatory Governance Committees.
His background is in engineering and technology. He has a Bachelor of Engineering (Hons) from the University of Canterbury, and is a Chartered Member of the NZ Institute of Directors.