Vector boss Simon Mackenzie to stand down

Vector boss Simon Mackenzie to stand down
Simon Mackenzie has been Vector’s chief executive since 2008. (Image: Vector)
Ian Llewellyn
Veteran Vector boss Simon Mackenzie to stand down at the end of June.Mackenzie has been at the helm since 2008 and held a number of different roles before becoming chief executive. He said the time was right to hand over Vector, with the company in a strong position.The New Zealands largest electricity lines company on Wednesday reported group net profit after tax for continuing operations, of $118 million for the six months ending Dec 31.Vector's adjusted earnings (ebitda), which do not include the capital contributions customers pay for n...