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A new Chief Executive Officer has been appointed to United Energy and Multinet Gas, effective 19 October 2015.

Mr Tony Narvaez replaces outgoing CEO, Hugh Gleeson, who will retire at the end of September after 11 years leading the UE and MG businesses.

UE and MG Chairman, Mr Peter Lowe, said: “We are delighted to have secured somebody of Tony Narvaez’s capability and experience to lead us into a period of opportunity for both businesses.

“Tony brings a wealth of experience in executive positions across the Australian energy sector, including with General Electric, ATCO Australia and Verve Energy.

“His commercial capability and proven track record in identifying and realising growth opportunities, while at the same time efficiently and safely operating essential energy utility companies made Tony the stand out candidate.

“Tony’s arrival will coincide with the AER’s draft determination for United Energy for the 2016-20 regulatory period. Our proposal positions the business to continue delivering safe and reliable electricity to our more than 650,000 customers, at the leading edge of efficiency in the country, according to the regulator’s own benchmarking analysis.

“It is also an important time for Multinet Gas, with the business having recently reached a significant milestone in its pipeworks replacement program. Multinet Gas will soon begin preparations and consultation for its next Gas Access Arrangement Review, due to commence in January 2018.

“We again recognise Hugh Gleeson’s significant contribution to creating the UE and MG we know today, and wish him every success for his future endeavours.”

Mr Narvaez joins UE and MG from General Electric, where he has been the Regional General Manager of Distributed Power across ANZ, PNG and Indonesia since 2013.

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