”Simon is an outstanding chief executive and a highly respected Vector and industry leader. He has successfully led Vector’s regulated and competitive businesses in a complex environment, plus has contributed to the wider energy industry through his leadership and extensive sector experience. This reflects the views of the entire Vector board,” McKay said.
Mackenzie led the development and growth of businesses such as Vector Metering – now Bluecurrent – and Ongas, delivering significant shareholder value.
Vector also highlighted its investment in the electricity and gas networks to meet Auckland’s growth and adapt to the impacts of climate change during Mackenzie’s tenure.
McKay said Vector has built internal succession over the past few years with strong internal talent and capability.
A recruitment process will commence for internal and external candidates. The market will be updated when appropriate.
Mackenzie will stay on as a director of Bluecurrent and leave Vector at the end of June 2025 but will be available to ensure a smooth transition.