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AusNet Services Ltd (AST.AX)

ASX - ASX Delayed Price. Currency in AUD
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1.8800-0.0200 (-1.05%)
At close: 4:10PM AEDT

AusNet Services Ltd

2 Southbank Boulevard
Level 31
Southbank, VIC 3006
Australia
1300 360 795
http://www.ausnetservices.com.au

Sector(s)Utilities
IndustryUtilities—Diversified
Full Time Employees1,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Tony NarvaezMD & Director1.27MN/AN/A
Mr. Mark EllulChief Financial Officer403.12kN/AN/A
Mr. Chad HymasExec. Gen. Mang. of Mondo832.23kN/AN/A
Mr. Alistair ParkerExec. Gen. Mang. of Regulated Energy Services762.53kN/AN/A
Ms. Prue Crawford-FlettExec. Gen. Mang. of Operations & ServicesN/AN/AN/A
Mr. John NicolopoulosHead of Tax & Investor RelationsN/AN/AN/A
Ms. Naomi KellyExec. Gen. Mang. of Governance & Gen. Counsel and Company Sec.N/AN/AN/A
Ms. Jo McConnellExec. Gen. Mang. of People & SafetyN/AN/AN/A
Mr. Keith HopkinsChief Digital OfficerN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Mondo segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Mondo segment provides contracted infrastructure asset services and specialized technology solutions to enable energy data and asset intelligence services. This segment serves customers operating in utility, renewables, and infrastructure sectors of electricity, water, gas, and rail. The company operates through an electricity transmission network of approximately 6,836 kilometers of high voltage transmission powerlines, 59 terminal stations, and 13,153 transmission towers; electricity distribution network of approximately 750,000 customers, 76 zone substations, 407,354 power poles, and approximately 61,994 kilometer of powerlines. It also operates a gas distribution network of 730,000 customers and 11,893 kilometers of underground gas pipelines. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia.

Corporate Governance

AusNet Services Ltd’s ISS Governance QualityScore as of November 1, 2019 is 6. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.