BZB.F, CEN.AX, COENF: Contact Energy Appoints Jon Macdonald as Board Chair

Contact Energy Appoints Jon Macdonald as Board Chair

May 01, 2026 05:37 UTC

BZB.F, CEN.AX, COENF

Medium term

Contact Energy Limited has announced a leadership transition within its board of directors, appointing Jon Macdonald to the role of Chair. The appointment will officially take effect upon the conclusion of the company's Annual Shareholder Meeting scheduled for later this year. Macdonald, who has served as an independent non-executive director since 2018, replaces Rob McDonald. The outgoing chair joined the board in 2015 and has led the organization since 2018, retiring as previously planned. Macdonald brings a deep background in governance and executive leadership to the position. His professional history includes serving as the Chief Executive of Trade Me Group and his current role as Chair of Sharesies Group Limited. Additionally, he holds directorships at Kiwibank Limited and Mitre 10 New Zealand. Following the announcement, Contact Energy shares on the ASX saw a modest increase of 0.39%, trading at A$7.75. The transition is viewed as a planned succession, maintaining stability in the company's strategic oversight as it continues its operations in the electricity and gas sectors.

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