The former CEO of Western Power has been announced as the new Chief Executive Officer (CEO) of TransGrid.
TransGrid has appointed Paul Italiano as its new CEO, effective from mid-2016.
Having recently completed its 99 year lease transaction from a State Owned Corporation to private ownership, TransGrid is focused on providing a safe, reliable and efficient electricity transmission and related services, in an increasingly challenging and competitive market.
Mr Italiano is a transformational leader who has turned around the performance and service standards, safety culture, operating framework and financial results of Western Power (WA) during his four-year tenure as CEO.
When Mr Italiano takes up his position mid-year he will replace Mr Peter McIntyre who has led TransGrid since 2010.
In the interim, Mr Ian Stirling will act as CEO. Mr Stirling is most notably known for his successes as CEO over a 12-year period with the South Australian electricity transmission business ElectraNet.
TransGrid Chairman, Rick Francis, said, “On behalf of the board and NSW Electricity Networks as the new owners, I want to both acknowledge and thank outgoing CEO Peter McIntyre for his stewardship of the business over his many years of service.
“Peter was instrumental in building a successful corporatised business in a state-owned environment and facilitating an extremely successful outcome from the NSW Government’s privatisation process.
”I am very much looking forward to working with Paul to take TransGrid to its next level of development. His dynamic leadership style, commercial acumen and proven ability to transform a business in the face of significant challenges make him an excellent choice for the role.”