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Vector Limited (VCT.NZ)

NZSE - NZSE Delayed Price. Currency in NZD
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3.46-0.03 (-0.86%)
At close: 5:00PM NZST

Vector Limited

101 Carlton Gore Road
Newmarket
Auckland 1023
New Zealand
64 9 978 7788
http://www.vector.co.nz

SectorUtilities
IndustryElectric Utilities
Full Time Employees800

Key Executives

NameTitlePayExercisedAge
Mr. Simon MacKenzie Grad DipBS (Dist), DipFin, NZCEGroup Chief Exec. OfficerN/AN/AN/A
Mr. Dan Molloy BScChief Financial OfficerN/AN/AN/A
Mr. Richard SharpHead of RegulatoryN/AN/AN/A
Ms. Kate Beddoe BA, LLBChief Risk OfficerN/AN/AN/A
Mr. André Botha BEng, MEng, PG DipBusChief Networks OfficerN/AN/AN/A
Amounts are as of 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 NZD.

Description

Vector Limited provides integrated infrastructure services in New Zealand. The company owns and operates the electricity distribution network in the Auckland region; and delivers power to approximately 543,000 homes and businesses. It also owns and operates 3,418 kilometers of high pressure transmission gas pipelines; operates the 313 kilometer Maui Pipeline; manages approximately 800 kilometers of surface easements for petroleum product pipelines that are owned by other companies; and produces and sells propane and butane (LPGs), natural gasoline, and carbon dioxide. In addition, the company supplies piped and bottled gas under the OnGas brand; sells natural gas to gas retailers, electricity generators, and other commercial and industrial customers; and offers pipeline and related services, such as cathodic protection, instrumentation, maintenance, and pipeline defect repair services. Further, it provides data communication solutions to wholesale and corporate customers; and offers connectivity solutions in Auckland, Wellington, Christchurch, Hamilton, Tauranga, Napier/Hasting, and New Plymouth. Additionally, the company owns and operates energy meters and metering services for approximately 800,000 homes and businesses; and provides gas meters and gas metering services to approximately 220,000 residential, commercial, and industrial customers, as well as is engaged in the tolling, storage, and distribution of bulk LPG. It also offers solar power solutions, which combines solar cells with battery storage to produce electricity; and operates a cogeneration plant situated at the Kapuni that produces electricity and steam for the gas treatment plant and other customers. The company was formerly known as Mercury Energy Limited and changed its name to Vector Limited in 1999. The company was incorporated in 1990 and is based in Auckland, New Zealand. Vector Limited is a subsidiary of Auckland Energy Consumer Trust.

Corporate Governance

Vector Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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.