Hydro Tasmania has announced that its CEO, Steve Davy, is to step down from the business when his contract ends later this year. Executive search firm Heidrick & Struggles has been engaged to assist in the recruitment of a new CEO.
Davy has been serving as the Chief Executive Officer of Hydro Tasmania for almost seven years, and has been with the business for over 15. Prior to being the CEO, Davy was the Chief Commercial Officer, managing commercial operations that include supporting mainland retailing, contract and spot trading, major customer negotiations, supplier arrangements and a range of operational activities.
Hydro Tasmania’s Chairman Grant Every-Burns said Mr Davy had led the business through the energy supply challenge to being at the forefront of Australia’s renewable energy transition.
“Under Steve’s leadership Hydro Tasmania has laid the groundwork for our future success as a business, taking a bold vision for the role Tasmania can play in a renewable energy future and turning it into an actionable plan through the Battery of the Nation initiative,” said Every-Burns. “On behalf of the board I thank him for his dedication, passion and hard work.”
Steve Davy said he was proud of the achievements of the Hydro Tasmania team over the past 15 years, particularly the business’s support for the Tasmanian community.
“Now in its fourth year our Community Grants Program has funded 20 projects throughout Tasmania, supporting everything from music, dance, historical preservation, healthy eating and mental health initiatives,” he explained. “Our new education program ‘Generation Hydro’ is now helping Tasmanian students learn about renewable energy and the opportunities for STEM careers here in Tasmania.
“I have great pride in the way our people responded to the energy supply challenge, and I am also very proud of the work that has been done to identify and drive the opportunity for Tasmania to help Australia’s transition to a renewable energy future, and I will watch with interest as the Battery of the Nation vision and Tasmania’s recently announced 200 per cent renewable energy target become a reality.”
Steve Davy will step down from his role as CEO of Hydro Tasmania this year