role-of-trustees - mept2
THE ROLE OF THE TRUSTEES

 The appointment of directors of the Company

 Conferring with the directors on and the signing off of the Statement of Corporate Intent (SCI)

 Monitoring the performance of the Company against the SCI

 Maintaining a regular dialogue with directors

 Completing Ownership Reviews if and when required

 Arranging Trustee elections

 Receiving and distributing dividends

 Communicating with and informing beneficiaries of the Trust

 Maintaining and enhancing the value of the trust's investments

Chair - Ian Martella

I was elected to the Trust as a first term trustee in 2014. 

I am the Managing Director of Callahan & Martella Electrical Ltd and Solar Synergy Ltd, Marlborough’s largest electrical contracting company and largest solar PV Company respectively. 

My wife Nikki and I have one son, Luke. Both my wife and I commit to many voluntary community initiatives, I enjoy spending what free time I have away from work as an amateur photographer or hunting in the majestic NZ Alps. Skiing with the family in winter is a favourite and if time permits fishing and diving in the beautiful Marlborough sounds. As a pilot, I am fortunate to own shares in small plane and I periodically manage to take to the skies. I am currently involved in multisport having completed the coast to coast race earlier this year.

Deputy Chair - Ross Inder

I was first elected to the Trust in 2002 and have served as chairman for a total of four years. I retired after 40 years of law practice in Blenheim. During my time in practice I had a particular interest in trust law and led discussion amongst the trustees on the subject of trustee responsibilities. I have also played a part in revision of the trust deed. Since 2001 I has served on the executive of Energy Trusts of New Zealand, the umbrella organisation of trustee owned energy companies.

Trustee - Clive Ballett

I was born in Wales, I worked for British Telecom for 26 years in engineering of the external network. This has given me a good understanding of the Marlborough Lines Network and how it works. I emigrated to NZ in 2003 and have been actively involved in Waikawa Boating Club for some 10 years, becoming commodore for two years. 

I was first appointed to the Marlborough Electric Power Trust in 2007/8, and have since been voted onto the Trust twice. 

Presently I am the director of my own business based here in Marlborough, which I run with my wife Jane.

I am keen to see the owners of Marlborough Lines (i.e. the consumers) receive a decent reward for their ownership, in the way of increasing the distribution of profits. This has occurred recently with profits made from investments made by the company, and I will encourage the company to continue such investments in the future. However, it is important to ensure with the threats of new technology and reduced demand that these investments are made in a growth market. The capital value of the investment also needs to grow.

Trustee - Nicki Stretch

I have a wide background in Trust Management, Banking, Finance, Health, Governance and Business, and this all gives me a fantastic grounding to work as a Trustee and represent your interests. 

I have lived in many parts of New Zealand and the good fortune to be involved in many community governance and volunteering positions. This has included Lifestyle Trust, a disability service organisation in Hamilton, and Habitat for Humanity Christchurch. I’ve also helped organise events such as the Hamilton Half Marathon and Women’s Triathlons. 

Whilst managing SBS Bank in Christchurch, I met my husband Greg and moved here in 2011. I am currently the General Manager of Churchill Private Hospital, and Chair of the Marlborough Youth Development Trust, a charitable organisation delivering the very successful Kiwi Can programme in primary schools. 

I’m also a bit of a netballer, a very amateur gardener and I enjoy experimenting in the kitchen when time permits.

Trustee - Malcolm Aitken

I moved onto the Trust during September 2014. I have lived in Marlborough since June 1960 when I arrived to join the Air Force where I worked for 12 years until I retired. During that time I married my wife Jan and we had three daughters, Julie, Karrin and Rachel. They did all their schooling here and all have good careers as well as eventually giving us five wonderful grandchildren. My time after the Air Force was spent running a successful restaurant for twenty-two years, and being part of projects, such as the Rainbow Ski Field, Festivals, Theatres and many other community events. 

After our restaurant project, I developed 16 hectares of land in Matthews Lane into a vineyard and was part of the expansion that changed Marlborough forever.

Trustee - Domenic Romano

I was elected as a Trustee in March 2018.

With technology significantly impacting all industries, the Marlborough Lines business is no different and this represents both opportunity and challenges for the Trust to protect and enhance its major investments.

Having had a corporate banking background working with many leading International and NZ companies, I am currently Senior Partner at BNZ, Blenheim, responsible for leading our business and agribusiness team. This is a role that engages me with Marlborough’s leading industries, businesses and families.

I am also involved with many community organisation’s which enables me to come across a broad range of people and issues, with my current activities being;
• Current Chairman & Founding Trustee of The Marlborough College Charitable Trust
• Founding Trustee for the St Marks’s Charitable Foundation
• Treasurer for Marlborough Boys College Old Boys Assoc. and the Central Soccer Club

Our family own CPR Coffee Co which my wife Deborah manages and this means I get to satisfy my lifelong interest in coffee as a chief taster! Deborah and I were both raised in Marlborough and we returned in 2009 with our three children after establishing careers outside of the province. 

3

Trust Secretary - Brenda Munro

Appointed to the Marlborough Electric Power Trust in April 2001. 

Married with two adult children and one grandchild. 

Attended Victoria University in Wellington and gained a Bachelor of Commerce and Administration majoring in accounting.

Established Blenheim Accounting Ltd (formerly Centre Valley Accounting and Taxation Services) in 1987, retiring in 2015.