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WE L ANNUA L REPOR T
EXECUTIVE
MANAGEMENT
As at 31 March 2015
DAVID SMITH
GENERAL MANAGER
CORPORATE STRATEGY
David is a Chartered Accountant
who joined WEL Networks in July
2007 as Chief Financial Officer.
He has been in the role of General
Manager Corporate Services since
2008. David was appointed Acting
Chief Executive from January to
September 2014.
Prior to his time at WEL he was
based in Auckland for 11 years as
Financial Controller with Watercare
Services Limited. During his time
at Watercare he was involved in all
financial and treasury aspects for
the business including a number
of significant capital expenditure
projects. Prior to his time with
Watercare David held a number
of senior finance roles within the
Fletcher Challenge Forests group
of companies.
GARTH DIBLEY
CHIEF EXECUTIVE
Garth’s career in New Zealand’s
electricity industry spans generation,
retail, transmission, and - more
recently – distribution sectors.
Having started as a cadet with
Electricity Corporation of New
Zealand (ECNZ), he studied
towards, and was awarded New
Zealand Certificate in Engineering
(Mechanical) and a Bachelor of
Engineering (Mechanical) degree
from the University of Canterbury.
In 1999, following deregulation of
the electricity industry, Garth joined
Meridian Energy where he held a
number of engineering and senior
management positions, including
General Manager Markets and
Production in which he identified a
series of opportunities to improve
Meridian Energy’s commercial
returns, and General Manager
External Relations, successfully
managing Meridian Energy’s
response to a multi-faceted
Ministerial Review of the Electricity
Market. In 2010, Garth was
appointed General Manager Grid
Performance at Transpower, leading
operations and asset maintenance
functions of the national grid.
During his time at Transpower, he led
a significant programme of change
that transformed the approach to
asset management, and resulted in
Transpower achieving certification in
PASS 55/ISO 55,000 (international
standard for asset management
optimisation).
In addition to his engineering
qualifications, Garth holds an MBA
degree fromWaikato University
and has also completed executive
training programmes at Kellogg
and INSEAD business schools of
management.
