Transend is incorporated under the Corporations Act 2001 and owned by the State of Tasmania. The company's shares are held in trust by two government ministers on behalf of the State. The shareholder ministers appoint the directors of the company. The board of directors is responsible for overseeing the company, including its control and accountability systems, corporate strategy and performance objectives, risk management and approving and monitoring the progress of major capital expenditure.
The Board of Directors consists of:
For more information on each of the board members please read 'About the directors'.
The Management Team is responsible for the day-to-day operations of the company, including providing advice to the board to enable sound decision-making. The management team also is responsible for implementing the strategic direction endorsed by the board.
The Management Team is headed by Peter Clark, who was appointed to the role of Chief Executive Officer on