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ERM Power (ASX: EPW) has appointed a new managing director and CEO, Jon Stretch, to commence in the role on 2 February 2015.
Stretch has international experience in the information technology, telecommunications and industrial sectors, including B2B and B2C sales.
Before then, he was based in Sydney as CEO of AAPT.
“I am excited by this opportunity and look forward to working with ERM Power’s highly talented executive management team in leading the company in the next phase of its growth and development as the fourth pillar in the Australian electricity retailing market,” says Stretch.
EPW’s share price climbed 7.17 per cent following the announcement to $1.72 per share.
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