Meridian CEO Binns to stand down this year after steering firm from SOE to NZX heavyweight

Meridian CEO Binns to stand down this year after steering firm from SOE to NZX heavyweight
Jonathan Underhill
By Jonathan Underhill June 22 (BusinessDesk) - Meridian Energy chief executive Mark Binns will step down at the end of the year, having joined from Fletcher Building almost six years ago and steered the power company from state-owned enterprise to NZX heavyweight. Binns will leave on Dec. 21 and Meridian's board plans to meet shortly to consider the process for hiring his replacement. No reason was given for his departure. He had been Fletcher's original Christchurch rebuild czar before being tapped for Meridian's top job. The governme...