PERTH (miningweekly.com) – ASX-listed Origin Energy has appointed Frank Calabria, the current CEO of its energy markets business, as the new MD and CEO to replace Grant King, who will retire at the end of October.
Calabria joined Origin as CFO in 2001, and was appointed as the CEO of the energy markets business in 2009. He has a Bachelor of Economics from Macquarie University and an MBA from the Australian Graduate School of Management.
Origin chairperson Gordon Cairns said on Friday that the board of Origin had been preparing for King’s retirement for some time.
“The past year has been a transitional one for Origin, with good progress made on debt reduction following last year’s fall in oil price. We are also expecting completion of the Australia Pacific liquefied natural gas project in the next few months.
“With good progress on these two important priorities, it is now an appropriate time for change of leadership at Origin.”