Shareholders

We are a Queensland Government-owned corporation.

We have two shareholding Ministers

  • The Hon. Cameron Dick MP – Treasurer and Minister for Investment
  • The Hon. Michael (Mick) de Brenni – Minister for Energy, Renewables and Hydrogen and Minister for Public Works and Procurement

Board of Directors

Our directors have considerable Board level experience. Together, they have a unique and diverse set of skills and knowledge which they use to guide the business. Our Board operates in a manner that creates value for our shareholders, customers, partners, local communities and our people.

Paul Binsted

BEc, LLB
Chair

Mr Binsted was appointed a director and Chair of Stanwell on 7 May 2020 and is a member of the Audit and Risk
Management and People and Safety committees.

Mr Binsted has had an extensive career in corporate finance and has an interest in macro and micro economics. From 1982 to
2007, he held senior positions at Lloyds Corporate Advisory Services, Schroders, Salomon Smith Barney (now Citigroup) and
was the Managing Director and Joint CEO of Lazard.

Mr Binsted has held directorship positions across the energy, renewables, sea ports and rail sectors, including Director of the
Clean Energy Finance Corporation and Chair of its Audit Committee; Council Member of the Australian National Maritime
Museum and Chair of its Audit Committee; Chairman of Sydney Ports Corporation and the State Rail Authority of NSW; and
Deputy Chair of Donaldson Coal Holdings Limited and Paringa Mining and Exploration Company PLC.

He was also a Member of the Financial Sector Advisory Council which provided advice to the Government on policies to facilitate
the growth of a strong and competitive financial sector; and was a Chief Adviser to the Australian Federal Treasury.

Mr Binsted is a Member of the Economics Society of Australia and a Solicitor of the Supreme Court of New South Wales.

The Hon. Wayne Swan

BA Hons

Mr Swan was appointed a director of Stanwell on 12 December 2019.

Mr Swan served as the Treasurer of Australia for nearly six years, including three years as Deputy Prime Minister.

He was one of the longest serving finance ministers in the G20 and was recognised as one of its leading contributors, drawing on
his unique experience overseeing Australia’s economic outperformance among the developed world.

Mr Swan was awarded Euromoney Finance Minister of the Year in 2011 for his ‘careful stewardship of Australia’s finances and
economic performance’ during the global financial crisis. He was only the second Australian to receive this accolade and the first
for almost 30 years.

His focus as Treasurer was on strong, secure economic growth, job creation, and maximising the opportunities for Australia in the
Asian Century. He was instrumental in the publication of the Asian Century White Paper – a blue print for Australia’s engagement
in the region.

He is the author of Postcode: The Splintering of a Nation (2005) and The Good Fight: Six Years, Two Prime Ministers and
Staring Down the Great Recession (2014).

More recently, Mr Swan has co-authored the Report of the Commission on Inclusive Prosperity, commissioned by the Center for
American Progress and authored a paper on Financing Sustainable Development – What can we learn from the Australian
experience of reform? for the United Nations Social and Economic Commission in the Asia Pacific (UN-ESCAP).

He is also a Commissioner on the Independent Commission for the Reform of International Corporate Taxation and President of
the Australian Labor Party.

Karen Smith-Pomeroy

FIPA, FFin, GIA(Cert), GAICD

Ms Smith-Pomeroy was appointed a director of Stanwell on 1 October 2015 and is Chair of the Audit and
Risk Committee and a member of the People and Safety Committee.

Ms Smith-Pomeroy has more than 30 years’ experience in the financial services sector and was most recently a senior executive
with Suncorp Group, including a period as Chief Risk Officer of Suncorp Bank.

She has a specialty in risk management and governance and detailed experience across a number of industry sectors.

Ms Smith-Pomeroy is currently a member of Queensland Treasury Corporation Capital Markets Board, Chair of Regional
Investment Corporation and National Affordable Housing Consortium Limited, and a non-executive director of Kina Securities
Limited and InFocus Wealth Management Limited.

In addition, she is Chair of the audit committees of Queensland Department of Local Government, Racing and Multicultural
Affairs, and South Bank Corporation.

Ms Smith-Pomeroy is a former director of Tarong Energy Corporation Limited and CS Energy Limited.

Jacqueline King

LLB (Honours) First Class Honours, MBA, WHS, TDD, GAICD

Ms King was appointed a director of Stanwell on1 October 2015 and is Chair of the People and Safety Committee.

Ms King has worked across the energy, power and construction sectors of industry for over twenty years, with an extensive
background in industrial relations, work health and safety, and skills and training. She is currently the Assistant General Secretary of the Queensland Council of Unions with specific responsibility for work health and safety matters.

Ms King is also the Chair of Mind Blank, a charity dedicated to raising awareness about mental health and the risk of suicide in
schools, workplaces and the community.

She is a Graduate Member of the Australian Institute of Company Directors, holds an MBA, a Bachelor of Laws (Honours) First
Class Honours degree, and is currently completing a Graduate Diploma in Legal Practice.

Adam Aspinall

B.ENG (Mech), MIEAust, GAICD
Acting Chief Executive Officer

Mr Aspinall was appointed a director of Stanwell on 15 November 2016. Mr Aspinall was appointed Stanwell Acting Chief Executive Officer on 17 May 2021.

Mr Aspinall is a mechanical engineer with more than 36 years’ experience in the electricity and energy industries and is a leading advisor in the power industry, having consulted globally to the private and government sectors on power generation projects and issues.

His expertise includes electricity and gas infrastructure development, generation and transmission procurement, electricity trading and regulatory compliance. He was most recently a Special Advisor for the advisory firm Advisian, a wholly owned subsidiary of the WorlyParsons group, having previously led the power engineering practice of Advisian Asia Pacific and before that, Evans & Peck.

Mr Aspinall is regularly engaged to assist in International Mergers & Acquisitions activities as well as International Arbitrations in the role of Independent Expert.

He began his career working for the Queensland Electricity Commission in 1981 and was employed by the generation sector in Queensland for over 24 years prior to becoming a consultant.

He has previously been a non-executive director on the Board of Ergon Energy and Chairman of SPARQ Solutions.

Executive Leadership Team

We’re led by a team of passionate professionals. They have extensive experience in Australia and overseas, specialising in the energy and infrastructure sectors. Our Executive Leadership Team exhibit Stanwell’s values – we care, we adapt, we deliver – in their leadership style. Our Executive Leadership team – like all our people – are guided by our values in their everyday actions and decision making.

James Oliver

MBA, BE (Mech) Hons 1, MIEAust, CPEng, NER, RPEQ, IntPE (Aus)
Chief Operating Officer

Mr Oliver was appointed to the position of Chief Operating Officer in May 2019.

Mr Oliver joined Stanwell in 2003 and has held a number of operational roles throughout the business, including General Manager Operational Excellence, Stanwell Power Station Site Manager, Stanwell Power Station Production Manager and Stanwell Power Station Engineering Manager.

He is an experienced senior business manager, with strong project management experience, and a Master of Business Administration, focusing on organisational leadership.

Prior to joining Stanwell, Mr Oliver spent time in the mining and materials processing industries, as well as spending 12 months undertaking volunteer work in Zambia.

In his role as Chief Operating Officer, he oversees Stanwell’s operations and provides leadership and direction for both for the operations leadership team and wider business. Mr Oliver’s responsibilities also include delivering asset strategies, policies, systems and operational risk management controls to facilitate the achievement of Stanwell’s short and long-term business objectives.

Sophie Naughton

BA/LLB, GradDipEd, GAICD
Executive General Manager Energy Trading

Ms Naughton was appointed Executive General Manager Business Services in December 2019.

Since joining Stanwell in 2011, she has held management roles across human resources and industrial relations.

Prior to this, Ms Naughton worked as a lawyer, then in human resources leadership roles across a range of industries and in both the public and private sectors. During this time she also completed a teaching degree.

As Executive General Manager Business Services, Ms Naughton is responsible for Stanwell’s business strategy development, community and stakeholder engagement, information and business systems, human resources management and organisational development.

From 10 February 2021, for a period of up to six months, Ms Naughton has been appointed to a temporary executive role as Executive General Manager Energy Trading. The temporary restructure is in response to dedicating a period of intense resourcing for renewable projects. 

Michael O'Rourke

LLB, BCom, GDip AppFin, GDip CSA
Chief Financial Officer

Mr O’Rourke was appointed to the position of Chief Financial Officer in September 2012.

Mr O’Rourke joined Stanwell in 1998 and has held a number of management roles in the areas of corporate strategy, marketing and trading, corporate services and internal and external corporate communications.

As Stanwell’s Chief Financial Officer, Mr O’Rourke is responsible for the internal functions of financial risk and services, business reporting and commercial analysis, secretariat, land and property, legal, internal audit and supply chain management.

Stephen Quilter

BEng(Mech), MBA
Executive General Manager Commercial Strategy and Energy Futures

Mr Quilter was appointed Executive General Manager Energy Trading and Commercial Strategy at Stanwell in July 2016.

Mr Quilter joined Stanwell in February 2012 as Swanbank Power Station Manager and was appointed General Manager of Stanwell’s gas and hydro generation portfolio in May 2013.

In a career spanning more than 20 years in the energy industry both in Queensland and New South Wales, Mr Quilter has worked in various operational roles including senior engineering and management positions.

In this role, he is responsible for the trading of Stanwell’s generation in the National Electricity Market.

He also oversees the development of commercial strategies targeted at diversifying revenue streams and creating value from Stanwell’s various fuel resources.

From 10 February 2021, for a period of up to six months, Mr Quilter has been appointed to a temporary executive role as Executive General Manager Commercial Strategy and Energy Futures. The temporary restructure is in response to dedicating a period of intense resourcing for renewable projects. 

Glenn Smith

ADip Business Management
Executive General Manager Business Services

Mr Smith was appointed  Executive General Manager in February 2021 after joining Stanwell as General Manager People and Culture in early 2020.

Mr Smith is an experienced executive in human resources, employee relations and external affairs. His industry experience is broad, covering both publicly listed, private companies and the public sector across a range of industries in the resources, contracting, manufacturing, service and utilities sectors.

As Executive General Manager Business Services, Mr Smith is responsible for Stanwell’s business strategy development, community and stakeholder engagement, information and business systems, Human Resources management and organisational development.

From 10 February 2021, for a period of up to six months, Mr Smith has been appointed to a temporary executive role as Executive General Manager Business Services. The temporary restructure is in response to dedicating a period of intense resourcing for renewable projects.