Paul Broad, Managing Director and CEO of Snowy Hydro, has offered his resignation.
For more than 70 years Snowy Hydro’s success has been founded on strong and stable leadership. Paul Broad is no exception to that rule.
Since 2013, Paul has led organisational expansion and innovation, transforming Snowy Hydro into a dynamic and integrated energy business.
Externally Paul is best known by the Australian public for his leadership on Snowy 2.0 and leading Snowy Hydro’s expansion into retail and renewable energy.
Snowy 2.0 is a nation-defining and world-leading infrastructure project. It will underpin the transition to a decarbonised National Electricity Market and now employs more than 2,000 people, generating huge economic uplift in the Snowy Mountains.
Under Paul’s leadership, the first Snowy Hydro renewable energy procurement program began in 2018 and has grown to encompass 12 contracts with wind and solar projects totalling 1.3 gigawatts of energy generation.
For the local community and Snowy Hydro team, Paul will remain best-known for his extraordinary leadership during incredibly challenging periods, including the 2019/2020 bushfires and the COVID-19 pandemic.
Paul’s firm commitment to the safety, health and well-being of the Snowy Hydro family will remain a cornerstone of his legacy.
The Snowy Board will now commence a process to identify new leadership. Roger Whitby, Chief Operating Officer, will lead the organisation on an interim basis, with support from Paul to facilitate a smooth transition.