In a significant move aimed at bolstering its trajectory in the renewable energy sector, Lodestone Energy recently announced the appointment of Richard Pearce as its new Chief Operating Officer (COO). The decision marks a notable milestone in Lodestone Energy's continual growth strategy, positioning it as a formidable player in the realm of utility-scale solar operations. Pearce's wide-ranging expertise in the energy sector promises to foster progressive strides in the company's renewable energy ventures.

Having established a foundation as an industrial electrician, Pearce further honed his skills through comprehensive studies, obtaining a Bachelor of Electrical and Electronic Engineering from the University of Canterbury, followed by a Master of Business Administration from the University of Otago. His professional trajectory showcases a remarkable breadth, manifesting capabilities that span various functional domains such as engineering, maintenance, asset management, project and construction leadership, alongside strategic planning, business development, and corporate affairs.

An industry veteran, Pearce brings to the table an extensive portfolio garnered from his tenure at esteemed establishments like Genesis Energy, Northpower, and Vector. This experience cultivates in him a holistic comprehension of the energy and electricity sectors, encompassing pivotal factors that dictate success in generation, contracting, and distribution.

Moreover, Pearce has consistently demonstrated a penchant for renewable energy, driven significantly by the positive societal impacts associated with decarbonisation. This aspect notably influenced his decision to integrate his expertise with Lodestone Energy's vibrant and fast-paced culture. A culture that encourages individuals to transcend the conventional scope of their roles, contributing actively to the dynamic landscape of renewable energy advancements.

Expressing his enthusiasm, Richard Pearce remarks, "I am excited to be joining Lodestone Energy and to have the opportunity to work closely with Gary and the team to continue to deliver upon a strong business plan and renewable energy vision." His inclusion in the team resonates perfectly with Lodestone's ethos, which cherishes a willingness and ability to actively contribute to the broader picture that encompasses the renewable energy vision.

Lauding the new appointment, Lodestone Energy Managing Director, Gary Holden, conveyed his elation stating, "he is delighted to welcome Richard to the Lodestone Energy executive team and congratulates Richard on his appointment." Holden's statement reverberates the company's expectations of ushering in a renewed vigor and perspective, poised to steer Lodestone Energy towards groundbreaking achievements in the renewable energy sector.

Marking a new chapter in the company's illustrious journey, Pearce is slated to officially assume his role as the Chief Operating Officer on 1st February 2024, a date that signals the onset of a promising era of innovation and growth for Lodestone Energy.