Genesis Energy’s chief financial officer leaving

Genesis Energy chief financial officer James Spence is leaving the company due to family reasons on May 24 and will take up a new role in Australia.

Spence moved to New Zealand from Australia with his family to join Genesis Energy in his current role in March 2022.

Chief executive Malcolm Johns thanks Spence for his valuable contribution to the business.

“I am grateful to James for his agreement to extend his notice period to ensure continuity throughout the development of the FY25 operating plan,” Johns says.

“James has played an impactful role within a strong overall executive effort in developing the company’s Gen35 strategy, which was recently communicated to the market.

“He leaves a strong finance team equipped to support the delivery of this strategy over the coming years.

“I wish him and his family every success for their relocation back to Australia.”

Spence notes the pivotal role Genesis has in the New Zealand energy sector and the importance of the Gen35 strategy for the company and country.

“It’s been a privilege to work with Malcolm and the Genesis leadership team in developing the Gen35 strategy, which sets the company up to play a key role in the NZ energy transition”.

Genesis has started a recruitment process for a new chief financial officer and says it will update the market when that process is complete.