22 May 2009

TrustPower chief executive to step down

11:24 am on 22 May 2009

The head of TrustPower chief executive Keith Tempest will step down later this year after eight years at the helm.

Mr Tempest has been with the Tauranga-based company for 23 years. He will leave in late December.

He says he will continue to take a active role in the wider business community in more of a governance role.

On Thursday, Trustpower was given a warning by the Commerce Commission that it was at risk of breaching rules over colluding to reduce competition back in 2004.