Energy Super names Williamson new chairman
INDUSTRY superannuation fund Energy Super has appointed a new chairman, former deputy Mark Williamson, after long-serving director Bob Henricks announced he was stepping down from the role after almost two decades.
Mr Henricks will remain on the board of directors, with Mr Williamson as chairman and director Scott Wilson as the new deputy chair.
An Energy Super director for the past three years, Mr Williamson has served on the boards of a number of leading Australian companies, including Stanwell Corporation and CS Energy. He is also a member of the Australian Institute of Company Directors.
He has also held senior executive roles in the electricity, IT, telecommunications and airlines industries in Australia and overseas.
“Energy Super’s reputation as one of Australia’s top performing and truly member-focused funds stems from Bob’s vision and commitment during the past two decades,” Mr Williamson said.
“While Australian superannuation system has evolved, Energy Super has remained steadfast in its commitment to members. The board of directors and I are focused on continuing the fund’s enviable track record of delivering consistent and above-benchmark returns, along with tailored, innovative and relevant products and services.”
After beginning his career as an apprentice electrician in 1961, Mr Henricks became a leading figure in Queensland’s energy industry. He was first appointed as director and then chair of ESIS(Q), Energy Super’s predecessor, in May 1995.
Mr Henricks guided the formation of Energy Super through the merger of industry super funds ESI Super and SPEC Super in April 2011. The fund has since grown to more than 49,000 members, predominantly in the energy sector, and more than $5.5 billion in funds under management.
Recently, Energy Super was named the third best performing fund in 2014 by research house Morningstar. Energy Super was also named as the nation’s favourite super fund after winning the Consumer Choice Award at the national 2014 SelectingSuper Awards.
In announcing his move, Mr Henricks said he was keen to remain on Energy Super’s board and further contribute to the fund’s growth and success.
“I’m proud of what Energy Super, and its predecessor funds, have been able to achieve for working Australians in helping to secure their financial futures,” Mr Henricks said. “Workers in Australia’s energy sector have unique needs and our mission will always be to ensure these needs are met.
“After two decades, I feel the time is right to step down from the role of chairperson. I look forward to continuing to work with the Energy Super board of directors under the experienced hand of Mark Williamson.”
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