Aerometrex has announced the appointment of Steven Masters to the roles of Managing Director and Chief Executive Officer.
Masters is currently Chief Executive of ElectraNet, one of South Australia’s largest companies, and intends to commence his duties with Aerometrex in early 2022 following completion of his current employment.
“I am thrilled by the opportunity to lead Aerometrex, and look forward to working with a world-class team, developing the future strategy and building the business,” said Masters.
“Steve has been involved in the origination and execution of significant business growth initiatives during his career,” said Mark Lindh, Aerometrex Chairman.
“At ElectraNet, he is widely recognised for his achievements in re-shaping its corporate strategy, and for developing and capturing a strong project pipeline of new material growth opportunities in excess of $1.25 billion that have met customers’ needs and created significant shareholder value.
“He has successfully led a high-profile business with an asset base in excess of $3.5 billion, overseen the development and implementation of industry first innovations, and maintains excellent relationships across a diverse range of stakeholder groups, from customers through to regulators,” Lindh added.
Mark Deuter, Aerometrex’s current Managing Director, had indicated his intention to retire earlier in 2021.
“I am very pleased to be passing the baton to Steve. We have found an extraordinary person to lead the company forward through its next phase of development and growth, and I wish him every success in the leadership role,” said Mr Deuter.
“I am retiring with the company in a strong financial position, and a great team in place that is pursuing and delivering on an exciting growth agenda. I look forward to Aerometrex’s continued expansion and success both in Australia and on the global stage.”
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