HEADLINER: Paul Massara
Mr. Paul Massara has extensive experience in the energy and service sectors in Europe and North America, with commercial and financial expertise, and a track record of developing, communicating and executing changes that deliver long-term, sustainable shareholder value at large-scale companies. His extensive experience spans deregulating energy markets across the entire value chain, government relations, stakeholder management, and private equity.
Having stepped down as CEO of Electron he is now an Advisor to the Board, as well as being an Adviser to Habitat Energy, a member of the Committee on Fuel Poverty advising the Secretary of State for Energy on energy strategy and Chair of Medicinema, a charity that builds cinemas in hospitals.
He has served on the Executive Committee of two of the largest utilities in Europe, namely Centrica Plc and RWE/INNOGY. While he was CEO of RWE npower,and served on the Executive Committee of RWE AG as well as being the Country Chair for RWE in the UK responsible for all Government and policy issues. As member of the RWE Retail Board, he was responsible for coordinating 23 million B2C customers. Mr. Massara led the RWE response to the CMA investigation in 2014 - 2015, improved overall performance, customer and employee satisfaction, reduced costs and compliance issues, and led the digitalization of RWE in the UK and Europe.
Before joining RWE npower in 2011, and following a distinguished career in Canada, where he was Chair of the Toronto Board of Trade and was voted Top 40 under 40 in 2014. Mr. Massara transitioned back to the UK, providing consulting services for a number of businesses and charities. He co-founded Oxford House Research in 2010 that worked with the Oxford University's Politics Department to study issues related to politics and faith.
Previously, Mr. Massara was President and Founding Partner of Genesis Capital Corporation (2006 - 2009). Based in Toronto, Genesis was a Canadian private equity company investing funds in small and medium sized industrial businesses. He acquired and financed 3 business at an average of 3.5x EBITDA, over a 3 year period (all around $20MM in revenue). Exiting two of the businesses, Mr. Massara retained one, became its CEO and returned the business to profitability.
Mr. Massara earned his BSC in Geography (Honors) from Kingston University, and his Master in Corporate Finance from the London Business School. He is a British and Canadian citizen, has two children, and enjoys cycling and tennis.