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Horizon Power announces Managing Director Elect

Horizon Power has announced its intention to appoint Frank Tudor as Managing Director following the resignation of Rod Hayes from the role in December 2010.

Frank joined Horizon Power in 2006 as General Manager Commercial and Strategy, after a long and successful career in the oil and gas industry with BP and Woodside.

Frank has been the National Chairman of the Board and National President of the Australian China Business Council since November 2008, and a lecturer at UWA on oil and gas economics and law for the last 10 years.

Frank will report directly to Chairman Brendan Hammond. Frank's permanent appointment to the role is subject to various legislative requirements the business is working through with government.

"Frank's breadth of experience will prove invaluable in his new role," Mr Hammond said.

"The Board and I look forward to working with Frank and the Horizon Power team to create intergenerational asset wealth in regional Western Australia what is undoubtedly one of the most exciting times in the State's economic history," he said.

Frank will work closely with senior management across the business to continue to improve the way it services its customers through a focus on the reliability and safety of power supplies in regional Western Australia.

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Notes to editors

About Frank Tudor

Frank Tudor has held various executive management roles over the last 25 years in the European, Asian and Australian oil, gas and power industries. Before joining Horizon Power he worked with BP managing commercial issues to develop gas interests in PNG for the Chinese energy market. He also worked for Woodside where he was responsible for managing business development activities.

Frank, for the last 10 years, has also been a part-time lecturer in oil and gas economics, and oil and gas legal frameworks at the University of Western Australia and is also the Vice Chairman of the Chamber of Commerce & Industry's (CCI) Energy & Resources Forum.

Frank holds first class degrees in engineering, economics and business administration from Curtin University (WA), London School of Economics (UK) and the AGSM (University of NSW). Frank also completed the eight week Advanced Management Program at Harvard Business School in September and October 2008.

Frank has been the Chairman of the Board and National President of the Australia China Business Council since 2008.

About Horizon Power

Horizon Power is the pre-eminent supplier of energy solutions to remote and regional Western Australia. We are a State Government-owned, commercially-focused power company that provides quality, reliable power supplies to more than 43,000 residents and businesses across regional Western Australia. We are responsible for generating, procuring, distributing and retailing electricity.

Horizon Power manages one major interconnected system, the North West Interconnected System (NWIS), and 33 non-interconnected or islanded systems in regional towns and remote communities.

Our service area, everything outside of the south west corner of the State, is 2.3 million square kilometres and covers the Kimberley, Pilbara, Gascoyne, Mid West and southern Goldfields (Esperance) regions.

Horizon Power has offices in Karratha, Kununurra, Broome, Port Hedland, Carnarvon, Esperance and Perth.

We believe our corporate responsibility is to contribute lasting economic, social and environmental value to the communities we serve and we do this by working in a professional, agile and engaged manner.

Contact Reference: David Tovey - Phone: 1800 799 745