Contact Energy (ASX:CEN) - Departing Chief Customer Officer, Vena Crawley
Departing Chief Customer Officer, Vena Crawley
Source: Stuff.co.nz
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  • Vena Crawley has revealed he will retire as Chief Customer Officer of Contact Energy (CEN) on April 1
  • Vena joined the Contact in October 2014 and he oversaw all of the company’s functions that spanned through the retail, commercial and industrial channels
  • Just yesterday, Contact revealed its NZ$75 million (around A$69.8 million) non-underwritten retail offer closed oversubscribed
  • The retail offer formed part of Contact’s equity raising in which the company also undertook a fully underwritten NZ$325 million (roughly A$302 million) placement
  • Contact has ended the day 2.48 per cent in the green with shares trading at $6.62

Vena Crawley has revealed he will retire as Chief Customer Officer of Contact Energy (CEN) on April 1.

Vena joined the company in October 2014 in the newly created role of Chief Customer Officer.

He oversaw all of the company’s functions that spanned through retail, commercial and industrial channels.

“It has been a privilege to lead and serve our customers alongside both the leadership team and the customer team,” Vena said.

“I am excited and confident that Mike and the leadership team will solidify Contact’s leading position as the human energy company focused on decarbonising households and New Zealand,” he added.

CEO Mike Fuge had nothing but praise for Vena.

“Vena has been a highly valued member of the leadership team and in his time at Contact has delivered on the retail business transformation and the development of our ICT started and created our digital data roadmap,” he commented.

Just yesterday, Contact revealed its NZ$75 million (around A$69.8 million) non-underwritten retail offer closed oversubscribed.

Eligible shareholders were able to subscribe for up to NZ$50,000 (roughly A$46,000) worth of new shares in Contact.

Nearly 18,670 shareholders took part in the offer with average applications totalling NZ$12,300 (around A$11,446).

The retail offer formed part of Contact’s equity raising in which the company also undertook a fully underwritten NZ$325 million (roughly A$302 million) placement.

Shares settled today on both the ASX and NSX.

Contact has ended the day 2.48 per cent in the green with shares trading at $6.62 in a $6.44 billion market cap.

CEN by the numbers
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