Vector Ltd - Company Profile
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Vector Ltd (Vector), is a subsidiary of Entrust NZ, is a utility network provider. The company offers power and telecommunication services. It distributes electricity and gas in Auckland; stores and processes; and sells natural gas and LPG; and deploys electricity and gas meters to homes and businesses across the country. Vector maintains and installs fiber optic cables, and offers cloud-based and Internet services. It owns fiber cable network in Auckland, Christchurch, Wellington, Tauranga, Hamilton, Napier/Hasting, and New Plymouth. It also offers home and commercial ventilation and solar services. The company serves gas-fueled power stations, and industrial, commercial, and domestic customers across the country. Vector is headquartered in Auckland, New Zealand.
Vector Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Electricity | Electricity Distribution | OnGas |
Natural Gas | Data Communication Services | |
Liquefied Petroleum Gas (LPG) | Electricity and Gas Metering Installations | |
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Asset Disposal | In February, the company sold eight public EV-charging sites in Auckland to ChargeNet |
2023 | Divestiture | In June, the company sale of 50% interest in Vector Metering to QIC. |
2021 | Others | In September, the company collaborated X for virtualising New Zealand’s largest electricity network in Auckland. |
Competitor Comparison
Key Parameters | Vector Ltd | Meridian Energy Ltd | Mercury NZ Ltd | Genesis Energy Ltd | Contact Energy Ltd |
---|---|---|---|---|---|
Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
City | Auckland | Wellington | Tauranga | Auckland | Wellington |
State/Province | - | - | Auckland | Auckland | - |
No. of Employees | 537 | 878 | 1,512 | 1,268 | 1,179 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Jonathan Mason | Chairman | Executive Board | 2013 | - |
Simon Mackenzie | Chief Executive Officer | Senior Management | 2008 | - |
Jason Hollingworth | Chief Financial Officer | Senior Management | 2019 | - |
John Rodger | Secretary; Chief Legal and Assurance Officer | Senior Management | - | - |
Sarah Williams | Chief People and Communications Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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