Three directors have been appointed to the newly separated Aurora Energy and Delta boards.
Dunedin City Holdings Ltd (DCHL) chairman Graham Crombie said Margaret Devlin and Brenden Hall had been appointed to the Aurora board, and Steven Grave had been appointed to the Delta board.
``There was strong interest in these vacancies, with a total of 80 applications received from throughout New Zealand and overseas.
``I'm delighted that we've been able to appoint three talented and experienced people to these roles.''
Mr Crombie said the board appointments had been made because of DCHL implementing one of the key recommendations from a Deloitte review carried out in the wake of Aurora being criticised for underinvesting in its asset.
Deloitte recommended Aurora and Delta should have different board members with no commonality of directors.
The changes, which came into force yesterday, meant the companies were fully separate, Aurora being the asset owning and management company, and Delta reverting to being a contracting company.
DCHL expected to fill the one remaining director vacancy in Delta within the coming weeks.
Directors' fees totalling $220,500 for Aurora and $204,000 for Delta, as recommended by an independent review by the Institute of Directors, were approved by DCHL and endorsed by the council.
These fees compare with the current total fees for the combined companies of $258,250.
