About MGA Thermal
Our Story
MGA Thermal is an Australian clean‑energy innovator enabling heavy industry to decarbonise through thermal energy storage.
Our Electro-Thermal Energy Storage (ETES) system, in combination with our patented MGA Blocks, deliver reliable, low-cost industrial-grade heat, helping customers shift away from fossil fuels, towards renewable energy.
Founded in 2019 after more than a decade of materials‑science research at the University of Newcastle, we’ve grown from a breakthrough idea into a globally focused operation tackling one of the most significant challenges in climate and energy: industrial heat.
Heat accounts for 42% of industrial energy use in Australia and 25% globally, yet remains one of the least decarbonised sectors. Our next‑generation technology directly targets this gap, enabling industrial and manufacturing businesses to cut costs and cut carbon without compromising performance.
As we expand our team, partnerships, and commercial deployments, MGA Thermal is shaping the future of clean industrial energy and positioning Australia as a leader in thermal‑storage innovation.
Leadership
Strength in Experience
Mark Croudace
Chief Executive Officer
Mark Croudace
A dynamic and seasoned leader, Mark Croudace started his career as a Chemical Engineer and has since added significant strategic, operational, and global leadership capability across the public and private sectors. With a proven track record in the engineering and services industries, Mark has thrived in global leadership roles, driving growth and innovation. In addition to his corporate experience, Mark is an active early-stage tech investor, having helped numerous fast-growing businesses succeed.
Dr. Erich Kisi
Chief Scientist & Co-Founder
Dr. Erich Kisi
Dr. Erich Kisi is Chief Scientist and Co-Founder of MGA Thermal, and Co-Inventor of the thermal energy storage material the company was named after. A former BHP Steelworks trainee, he became Professor in Material Science at the University of Newcastle in Australia. Following 40 years of experience in academic and applied research, Erich has more than 6 years of technology commercialisation and business experience within MGA Thermal.
Dr. Alexander Post
Chief Technology Officer & Co-Founder
Dr. Alexander Post
Dr. Alexander Post is a graduate of Mechanical Engineering and Physics from the University of Newcastle and holds a PhD in concentrated solar thermal power with the CSIRO. His specialty is in technological and economic analysis of emerging renewable energy technologies. Alexander was listed as one of the country’s top 100 innovators by the Australian Business Review in 2021 and is the CTO and Co-Founder of MGA Thermal.
Anna Starrett
Chief Financial Officer
Anna Starrett
A Chartered Accountant with deep experience in industry and manufacturing, Anna Starrett has worked at several high growth global operations with responsibility for delivering corporate governance, change management and strategy formulation. Her cross disciplinary experience includes general management, operations and human resources, enabling an integrated perspective of business performance and sustainability. Anna’s commerce degree has been enhanced by further executive study at Oxford and Cambridge and she is a graduate of the Australian Institute of Company Directors.
Greg Fyffe
Chief Commercial Officer
Greg Fyffe
Greg Fyffe brings over 25 years of executive experience across energy markets, renewables, and deep‑tech commercialisation. At Shell Energy Australia, he led national commercial and industrial energy solution sales across BESS, Solar, Demand Response, Virtual Power Plants, Green Certificates and Electrification Engineering Advisory. He has also directed international growth for solar scale‑up 5B and spent a decade scaling university spin‑out Benthic into a global category leader ahead of its acquisition by KKR. Fyffe now leads MGA Thermal’s commercial scale‑up and market expansion.
Annie Lacombe
Head of Engineering
Annie Lacombe
A Chartered Professional Engineer and Engineering Executive with over 20 years of experience delivering complex engineering projects across energy, defence, and manufacturing sectors. As Head of Engineering at MGA Thermal, Annie Lacombe leads the development and deployment of thermal energy storage systems. Annie’s expertise in chemical engineering, operational leadership, and agile project delivery ensures reliable, high-quality outcomes for customers. Her proven ability to manage multidisciplinary teams and drive innovation makes her a trusted partner in delivering tailored, sustainable solutions that meet customer needs and exceed expectations.
Dr. Evan Keyzer
Head of Research & Development
Dr. Evan Keyzer
Dr. Evan Keyzer, Head of R&D at MGA Thermal, is an experienced scientist with a background in energy storage materials, commercialisation, and project management. At MGA Thermal, he leads the R&D team in advancing MGA’s thermal energy storage technology from concepts to production-ready systems. Previously, he led the development and scaling of ultra-fast charge battery materials at Nyobolt Ltd. in the UK. Evan holds a PhD from the University of Cambridge, supervised by Prof. Dame Clare Grey.
Krista Crockett
Head of Finance
Krista Crockett
Krista Crockett leads Finance at MGA Thermal, working across the business to keep things aligned, practical, and moving forward. She makes sure the numbers support how the company actually operates and grows. With more than 10 years experience across chartered and commercial roles, she is at her best partnering with teams on real decisions - not just reporting on them after the fact. She’s thoughtful and detail-oriented, but also pragmatic, helping turn complex financial information into clear next steps. Krista is a Chartered Accountant (CA) and holds a Commerce degree, majoring in Accounting.
Will Furness
Head of Business Development
Will Furness
Head of Business Development at MGA Thermal, leading global go-to-market strategy, pipeline activation, and revenue growth for its innovative thermal energy storage technology. Will Furness has almost a decade of experience commercialising first-of-a-kind technologies, previously as Co-Founder and Chief Commercial Officer of Canyon Solar and as an Investment Manager at ARENA. He brings a customer centric approach and deep expertise in renewable energy, strategic partnerships, and technoeconomic modelling. Will holds degrees in Mechanical Engineering (First Class Honours) and Project Management, and a Graduate Certificate in Finance.
Sara Benvenuti
Head of People & Culture
Sara Benvenuti
Sara leads MGA Thermal's People & Culture function, supporting the company's growth by attracting, developing, and retaining great people - fostering a culture where employees can thrive. Prior to joining MGA Thermal, Sara held senior human resources leadership roles across engineering, professional services, property, legal, and financial services organisations. She has extensive experience partnering with leaders and employees through periods of growth, change, and transformation, and is passionate about creating workplaces where people feel valued, supported, and empowered to do their best work.
Joanne Sacco
Marketing Manager
Joanne Sacco
With over 20 years of experience in strategic marketing and communications, Joanne has led impactful initiatives across industries including engineering, technology, recruitment, and media. She excels at translating business priorities into compelling brand stories and results-driven campaigns. In her leadership roles, Joanne has driven significant growth in revenue, elevated brand visibility, and fostered strong employee engagement through purpose-driven communication strategies. Her strategic mindset and creative energy are key as we amplify MGA’s story and expand our global reach.
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Our Values
We Impact the World Through Innovation.
Our values are core to who we are and how we work.
- We Operate Safely & Reliably
- We Deliver on Agreed Outcomes
- We Engage Ethically, Honestly & Respectfully
- We Care for our Environment - People, Place & Planet
- We Embrace New Possibilities with Curiosity