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Ann: Nuheara appoints ex Microsoft executive to Board, page-5

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    Nuheara appoints ex Microsoft executive to Board

    HIGHLIGHTS
    • Appointment of Ms Kathryn Foster to the Nuheara Board as a Non-Executive Director
    • Extensive global business experience with Microsoft and Amazon
    • In depth consumer electronics and e-commerce product experience with Microsoft Store and Xbox
    12 February 2018 – Perth, Australia Nuheara Limited (ASX: NUH) ("Company" or "Nuheara") is pleased to announce the appointment of Ms Kathryn Foster to the Company’s Board of Directors.

    Nuheara CEO, Justin Miller, stated, “We are proud to have someone of Kathryn’s calibre and track record in consumer electronics and e-commerce with Microsoft and Amazon, joining our Board. Kathryn’s extensive consumer facing business experience with technology companies, both large and small, will be invaluable to our organization as Nuheara continues to grow.”

    “Nuheara is the verge of becoming a household name with so much potential in consumer entertainment and productivity, as well hearing and auditory sensory possibilities. This company has the right tech, right people and the right marketplace to achieve amazing things”, said Ms Foster, “the Company has done an incredible job to develop and mass produce the product, and have it placed into major retailers globally, in such a short timeframe. As a result, I believe they have outperformed some much bigger technology brands in their market penetration for the first year of sales. I am delighted to be able to join the Board at such a positive and exciting time and to be able to use my experience to assist in the next stage of growth.”

    Ms. Foster served as Senior Director of e-commerce strategy in Supply Chain and managed the Sales & Marketing team at Microsoft Store online. Ms. Foster has over 20 years’ experience creating and running large internet-based businesses, starting in the late 1990’s on Windows Update.

    Prior to becoming a professional director, Ms. Foster was Senior Director of Microsoft Store online where she managed the sales and merchandising team for Microsoft Store online across 232 geographies. As the Senior Director, she was responsible for an annual revenue budget in the low billions of dollars. Prior to that, for the inception of the Xbox Games Marketplace, Ms Foster set business vision, strategy and drove the technical execution around digital and physical supply chain technology and operations to enable Xbox’s billion-dollar business globally.

    Ms Foster has been an Independent Non-Executive Director of Class Limited since July 1, 2015. She joined the QSuper Audit and Risk committee in March 2017 and is managing director of Foster Consulting, a boutique consulting firm focusing on strategic initiatives and direction. Ms. Foster holds Bachelor of Science (BSc) in International Marketing from Oregon State University and Associate of Science (ASc) - Computer Science and Information Systems from Shoreline Community University.


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