Genesis Energy appoints AGL head as new CEO

Genesis Energy announced that Marc England has been appointed Chief Executive Officer and will take up the role in May 2016.

Genesis Energy Chairman, Dame Jenny Shipley, said Mr. England was an “exceptional candidate” from an extensive global search and was selected with the unanimous support of the Board. “The Board sees Marc as the right person to succeed Albert Brantley and to drive future shareholder value,” Shipley said.

“Marc is a highly strategic leader in the Australian energy sector and has been the key driver behind the new strategic agenda at AGL Energy and the development of its New Energy businesses. He combines this with strong international experience in large business leadership roles for energy businesses in the UK and globally. His vision, strategy and execution track record is exactly what Genesis Energy needs as we enter our next chapter to fulfill our aspirations of delivering further value for our customers, shareholders and stakeholders”, Shipley said.

Genesis Energy announced in August this year that Chief Executive Albert Brantley would be leaving the Company after seven years of service as Chief Executive. Mr. Brantley will continue as Chief Executive until Mr. England arrives in May, 2016. “Albert has been a great leader for Genesis Energy and the Board have appreciated his efforts in shaping the Company through many major changes in the sector over the past few years. Albert has committed to remain as Chief Executive until Marc has arrived which is an ideal situation from the Board’s perspective”, Shipley said.