Delta Group Announces Appointment of Richard Wrightson as New Chief Executive

Media Release

27 June 2023, Sydney, Australia - The Delta Group is delighted to announce the appointment of Richard Wrightson as the new Chief Executive of the Delta Group of Companies, which includes Delta Electricity and Delta Coal.

Richard brings a wealth of experience to Delta, having most recently served as the General Manager Strategy at Lochard Energy. With over 30 years of operational and marketing expertise in the energy sector, including his previous tenure as Executive General Manager of Wholesale Markets at AGL Energy, Richard is a highly accomplished senior executive known for driving significant growth in complex and dynamic environments.

"Joining Delta is an incredible opportunity, and I am honored to lead an organisation which plays a critical part in delivering safe, reliable and competitive energy for New South Wales," said Mr Wrightson. "I look forward to working with the dedicated team at Delta and leveraging my experience to drive growth, provide stability, and capitalise on emerging opportunities in the transitioning energy market."

Delta is confident that Richard's extensive operational experience, coupled with his deep knowledge of wholesale markets and trading, will be invaluable in providing stability and maximising opportunities in the transitioning energy market.

"Richard's appointment marks a new chapter for Delta, and I am thrilled to welcome him to the organisation," said Greg Everett, the outgoing Chief Executive of Delta. "His proven leadership and expertise in the energy sector make him the ideal candidate to lead Delta into the future. I have full confidence in his ability to drive innovation and navigate the evolving energy landscape."

Richard is widely recognised and respected throughout the energy industry, government, regulators, and capital markets for his exceptional commercial and strategic insights, as well as his ethical approach. He is a passionate advocate for the energy industry and its crucial role in driving the Australian economy forward.

The Board, Executive team, and staff eagerly anticipate Richard's arrival at Delta and warmly welcome him to the organisation. Richard will officially assume the position of Chief Executive on 21 August 2023. In the interim, effective July 7, 2023, David Morris will serve as Interim Chief Executive until Richard commences his role.

Delta would like to express its heartfelt gratitude to Greg Everett for his dedicated service to Delta and the broader energy industry during his impressive 13-year tenure as Chief Executive. With a career spanning over 37 years, Greg has successfully navigated the transitioning energy market to ensure that Delta’s assets, such as the Vales Point Power Station, continue to be a safe and reliable source of electricity. Greg also played a pivotal role in the recent acquisition by Sev.en Global Investments.

"Leading Delta has been an incredible journey, and I am proud of the accomplishments we have achieved together," said Mr Everett. "I have no doubt that under Richard's leadership, Delta will continue to thrive and provide essential energy services to the community while embracing the opportunities presented by the energy transition."

Under Greg's exceptional leadership, Delta has emerged as a resilient and robust business, poised to provide essential services to the community for many years to come. Delta is well-positioned to seize opportunities for further growth as the energy transition progresses and remains committed to delivering outstanding service, fostering innovation, and contributing to the energy sector's progress.

Ends.

About Delta Group

The Delta Group of Companies, which includes Delta Electricity and Delta Coal, owns and operates the Vales Point Power Station and Chain Valley Colliery located on the Central Coast of New South Wales. Delta is committed to supporting the energy transition by providing a safe and reliable power supply and currently provides approximately 10% of the electricity demand of New South Wales.

About Sev.en Global Investments

Sev.en Global Investments is a Czech based family office investment group that holds long-term investments across a range of sectors, particularly in the power generation and mining. The Group operates in 3 continents, including Europe, Australia and the North America. In Australia, the investment portfolio includes Delta Electricity, Australia Salt Lake Potash, and minority interests in the Millmerran and Callide power stations. In the United States, it is the majority owner of Blackhawk Mining and Golden Eagle Land Company. Sev.en Global Investments is part of the Sev.en group whose beneficiary is Mr. Pavel Tykač, a prominent Czech entrepreneur and investor. For further information visit www.7gi.com.