Wayne Boyd
(Chairman)

Wayne Boyd has established himself as a professional director after careers in law and investment banking.

Wayne is a Director of Vulcan Steel Limited and Landco Limited. He is currently Chairman of Telecom Corporation of New Zealand Limited and Freightways Limited. In the past Wayne was a member of the Fairfax New Zealand Advisory Board and worked on Ngai Tahu's commercial boards for more than 10 years.

Wayne has been involved in community organisations as a Director of Sports and Recreation New Zealand and Chairman of both the New Zealand Blood Service Limited and the New Zealand Hockey Federation.

Appointed: 5 April 2005

Ray Watson
(Deputy Chairmam)

Ehara- ta - ku toa i te toa takitahi,e - kari he toa takatini - It is not by one person, it is by the multitude that the work will be done.

Ray was appointed Deputy Chair of Meridian Energy in April 2006.

Ray Watson is the Managing Director of Ray Watson Associates Limited, he was Chief Executive of Ngai Tahu Development Corporation from 2001 until early 2005 and prior to that he held the position of Chief Executive of Lakeland Health Ltd from 1996. Ray is a Commissioner with the Mental Health Commission.

Ray was previously a ministerial appointment to the New Zealand Maori Arts and Crafts Institute, the National Advisory Committee on Health and Disability Services and the Otago District Health Board.

Tim Lusk

Tim Lusk was General Manager Wholesale in Telecom New Zealand Limited from 2002 until August 2006. Prior to Telecom, he held executive positions in Transpower New Zealand Limited and Power New Zealand Limited.

His electricity industry accountabilities ranged from engineering development, network pricing, system operations, marketing, customer relations and electricity market development.

Tim is currently CEO of the Post Office Welfare Trust.

Tim has had extensive experience in public and private sector energy projects at project directorship level.

Appointed: 1 June 2005

Anne Blackburn

Following a twenty-year career in banking in New York, London and New Zealand, Anne now holds a portfolio of directorships and consulting roles.

She is currently a member of the Boards of the Export Credit Office, Wellington Regional Holdings and its subsidiaries, the Centre for Clinical Research and Effective Practice, the Royal New Zealand Ballet, Television New Zealand and Forsyth Barr. She also provides investment management advice to PKW, a pan-iwi Maori Incorporation in Taranaki.

Appointed: 1 June 2004

Anne Urlwin

Anne is a professional director, chartered accountant and business consultant.

She is Chair of New Zealand Domain Name Registry Limited, and Deputy Chair of Airways Corporation of New Zealand Limited and of Landcare Research New Zealand Limited.

Anne is currently a director of New Zealand Cricket, a member of the Board of New Zealand Blood Service and a director of Invest South Limited and Lakes Environmental Limited.

Anne is a former Chair of the Red Bus Limited and Brackenridge Estate and Deputy Chair of Timberlands West Coast Limited. Anne also held the position of director of Trustbank Canterbury Limited.

Appointed: 1 January 2005

Catherine Drayton

Catherine Drayton is a chartered accountant with significant experience in mergers and acquisitions. She is the former partner in charge of the Assurance and Advisory practice of PricewaterhouseCoopers for Central and Eastern Europe (PwC CEE). She held this position from 2001 to late 2004: from the Russian crisis through to the accession of the first Central European Countries to the European Union. Prior to this executive management role, she was responsible for Transaction Services for PwC CEE.

As a consequence of these two roles, Catherine has significant multi-cultural, multi-jurisdictional managerial and transactional experience, supplemented by earlier work experience for PwC in both New York and London.

Catherine is also a director of the New Zealand Hockey Federation.

Appointed: 1 May 2006

David Shand

David Shand returned to New Zealand in 2006 after a number of years living overseas. He has worked for three international organisations, most recently for over eight years as a public financial management specialist at both the World Bank and the IMF in Washington DC. This followed four years working with the OECD in Paris on public sector reform issues.

After joining the Treasury in the mid 1960's David taught accounting and public finance at Victoria University before moving to Australia in 1977. David left the Australian National University in 1981 and held a number of senior positions including Deputy Secretary of the Victorian Treasury, First Assistant Secretary in the Australian Department of Finance and Queensland Public Service Commissioner.

In the 1970's David spent six years in local politics as a Wellington City Councillor. His association with the electricity industry includes six years as a member of the Wellington City Council's Electricity Committee.

More recently David has chaired the Independent Commission of Inquiry into Local Government Rates established by the Minister of Local Government, and the Tertiary Education Commission.

Appointed: 1 May 2006