Genesis chief to step down

A second energy company will lose its leader after Genesis Energy's chief executive signalled yesterday he will leave the company next August.

Murray Jackson has been with Genesis since 1999. Chairman Brian Corban said Jackson was a strong and decisive leader whose management team had made a "significant contribution to the New Zealand energy sector".

The chief executive of state-owned Meridian Energy, Keith Turner, said this month he would step down on March 31.