SYDNEY, AUSTRALIA: The Board of APA Group Limited introduced the appointment of Adam Watson as Chief Executive Officer and Managing Director of APA Group (ASX:APA), efficient immediately, following the completion of a complete global search process.
Adam Watson, who has been the acting CEO for APA Group since September this year, joined the corporate as Chief Financial Officer in 2020. Prior to becoming a member of APA Group, Mr Watson held senior executive roles at Transurban, Melbourne Airport and BlueScope, giving him significant expertise in capital intensive industries and the development, supply and operations of large-scale infrastructure.
Speaking to the appointment APA Chairman Michael Fraser said, “Adam’s management skills and commercial expertise within the expansion and transformation of complex and diverse organisations is the proper combine for APA’s subsequent phase of growth.
“Australia’s energy industry is at a main inflection level and the transition to a low carbon future provides APA with significant funding opportunities. Under Adam’s management the Board is assured APA will be well positioned to construct on our core strengths and proceed to create worth for securityholders.”
Commenting on his appointment Mr Watson said, “It is a nice honour and privilege to be appointed as CEO and Managing Director of APA, a number one Australian energy infrastructure business, at such an important time within the organisation’s evolution.
“In partnership with our customers, investors, government, communities and our people, we will proceed to construct on the underlying strength of the APA enterprise as we pursue our agenda to create lengthy run worth through each growth and operational effectivity throughout our unrivalled energy infrastructure portfolio.”
APA is a number one Australian Securities Exchange (ASX) listed energy infrastructure business. We personal and/or handle and function a diverse, $21 billion portfolio of gas, electricity, photo voltaic and wind assets.