Z Energy names Contact Energy's Chris Day as chief financial officer

Z Energy, the petrol station chain planning an initial public offering, named Contact Energy financial controller Chris Day as its new chief financial officer.

Day will join Z Energy on August 5, replacing Mark Edghill, who resigned in April and is working through until July 4.

Z Energy's owners, Infratil and the New Zealand Superannuation Fund, this month named First NZ Capital and Goldman Sachs as arrangers, and Craigs Investment Partners/Deutsche Bank and Forsyth Barr as joint lead managers for the sale of between 40 percent and 60 percent of the shares. Infratil hasn't yet signalled the float will definitely go ahead.

Day is also a director of Landcorp Farming. He will be accountable for Z Energy's finance, treasury, risk and information technology functions, the company said.

BusinessDesk.co.nz

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