Hydro Tasmania appoints new CEO

ENERGY company Hydro Tasmania's acting CEO has been appointed to the job permanently.

Steve Davy will take up the position immediately after acting in the role since June 30.

He was previously Hydro's chief commercial officer after joining the government-owned company in 2005.

Hydro Tasmania chairman Dr David Crean said Mr Davy had played a key role in transitioning the business into the national electricity market.

"The board believed he was the best choice, in particular to handle the many complex issues and regulatory risks presented by the current national market in which we operate," Dr Crean said in a statement.

Mr Davy replaces Roy Adair, who left Hydro in June.

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