New Zealand Energy Corp. Announces CEO and Executive Chairman Appointments

Executive Summary

• New Zealand Energy Corp. appointed Toby Pierce as its new Chief Executive Officer, effective immediately.
• Robert Bose was named Executive Chairman, bringing extensive corporate‑leadership experience to the board.
• Both departing executives will remain on the Board of Directors, ensuring continuity while the company pursues growth and capital‑allocation initiatives in its New Zealand portfolio.

Key Details

• CEO Appointment: Toby Pierce – nearly 30 years senior leadership in energy & natural resources; MBA (Rotman), B.Sc. (Earth Sciences, UVic).
• Executive Chairman: Robert Bose – >25 years corporate governance and public‑markets experience; Managing Member of Charlestown Energy Partners; Honors degree in Economics (Queen’s University).
• Departing Executives: Mike Adams (outgoing CEO) and Frank Jacobs (outgoing Chairman) step down but stay on as directors.
• Roles & Focus:
• Pierce will lead overall strategy, execution, New Zealand asset development, operational optimization, disciplined capital allocation, and stakeholder engagement.
• Bose will support corporate strategy, governance, capital‑markets initiatives, and strategic growth opportunities alongside the CEO and Board.
• Board Statement: The Board expressed gratitude to Adams and Jacobs for their service and welcomed their continued directorship.

Notable Quotes

“We are pleased to welcome Toby as Chief Executive Officer at an important time for NZEC… he is well positioned to execute the Company’s strategy and drive performance.” – Robert Bose, Executive Chairman

“I am pleased to join NZEC as Chief Executive Officer… I look forward to driving execution, pursuing disciplined growth, and delivering value for shareholders and stakeholders.” – Toby Pierce, CEO