APA (ASX:APA) has announced the appointment of Adam Watson as Chief Executive Officer and Managing Director of the company, effective immediately.
APA says it completed a comprehensive global search process and decided on Mr Watson, who has been the acting CEO for the company since September this year.
Mr Watson joined APA as Chief Financial Officer in 2020, and prior to that held senior executive roles at Transurban, Melbourne Airport, and BlueScope.
APA Chairman Michael Fraser says Australia?s energy industry is at a major inflection point and the transition to a low carbon future provides APA with significant investment opportunities:
?Under Adam?s leadership the board is confident APA will be well positioned to build on our core strengths and continue to create value for securityholders.?