Genex Power Limited to provided stakeholders with an update on the company's Board renewal and CEO succession planning strategy. The Board of directors announced the appointment of James Harding as the company's new CEO effective May 7, 2018. James was previously the company's Executive General Manager since June 2016.

He has over 25 years' experience in the electricity sector and has delivered major projects all over the world. James was instrumental in the successful delivery of the Kidston Stage 1 50MW Solar Project which was constructed on time and within budget. With James' appointment as CEO, co-founder and previous Managing Director, Michael Addison, will become a Non-Executive Director effective the same date.

Michael will remain active in the strategic direction of the company with a commensurate consulting role as a strategic adviser consulting on project delivery and the company's project pipeline in addition to his non-executive director responsibilities. The Board also announced and welcomed the appointment of Teresa Dyson who will join the Board as a Non-Executive Director effective May 7, 2018. Teresa is a former partner with a major Australian law firm, and has deep experience in project finance, mergers and acquisitions, tax and the electricity sector.

She is currently non-executive director of Energy Queensland, a director of Seven West Media, Energy Super and Power & Water Corporation, the Northern Territory electricity, gas, water and sewerage entity. Teresa is also a Member of both the Foreign Investment Review Board and the Takeovers Panel. Teresa is Queensland based and has long standing Government, Electricity and business relationships.