Meridian Energy has today announced the resignation of the Flux Federation Limited CEO Nic Kennedy, effective from 2 July 2024. The Flux Board will shortly begin recruitment for a new CEO.
Flux is a wholly-owned, independent subsidiary within the Meridian Group, with its own governance structure. Flux provides clients, including Meridian Energy, with modern energy and utility billing technology.
Questions are emerging around the fallout for growth and prices.
Acting chair Barbara Chapman will leave Fletcher Building on April 30.
Data from research group Kantar leaves analysts' feathers unruffled.
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