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- Release Date: 16/04/13 10:44
- Summary: DIRECTOR: NZX: NZX announces Trade Me CEO to join NZX Board
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NZX
16/04/2013 08:44
DIRECTOR
REL: 0844 HRS NZX Limited
DIRECTOR: NZX: NZX announces Trade Me CEO to join NZX Board
NZX advises that Jon Macdonald, CEO of NZX/ASX listed Trade Me Group Limited,
has accepted an invitation to join the NZX Board. Jon's appointment is
effective from 3 May 2013, subject to confirmation by NZX shareholders at the
Annual Meeting to be held on that day.
Jon has a background in engineering and technology. He joined Trade Me in
2003 and was appointed CEO in 2008. Prior to joining Trade Me, Jon worked in
London for HSBC Investment Bank in a variety of technical and management
positions, and has worked for Deloitte Consulting with a focus on
telecommunications and financial services. Jon has a Bachelor of Engineering
(Hons) from the University of Canterbury.
NZX Chairman Andrew Harmos commented: "The Board and Management of NZX are
delighted Jon has accepted our invitation to join the Board. His age,
background and skill set make him an ideal appointment, and his expertise
will bring a valuable contribution to the Board's existing skill base and
diversity. We look forward to welcoming Jon to the Board, and NZX more
broadly.
"Like NZX, Trade Me is a scalable infrastructure business that brings
together buyers and sellers on a strong technology-based platform. Trade Me
is a much-loved New Zealand company with a loyal customer base. Having
successfully led the company in its NZX and ASX listing, Jon joins other NZX
Board members in bringing a valuable listed customer perspective to NZX."
NZX CEO Tim Bennett commented: "We are very pleased to welcome Jon to NZX at
what is an exciting time for the organisation. With NZX's focus on growing
New Zealand's capital markets, Jon's appointment is timely as he brings
first-hand experience of managing a large private company that chose listing
to support its future capital requirements and growth.
"We look forward to Jon's contribution to NZX's strategies and future growth,
and the valuable experience he brings both on a large-scale technology and
innovation front, and as an important member of our issuer community."
Jon Macdonald, Trade Me CEO, commented: "I'm delighted to join the NZX Board.
I very much believe in NZX's objectives, and it's clear that healthy capital
markets are essential to New Zealand's economic prosperity and growth. I'm
really looking forward to contributing to such a vital New Zealand
institution."
NZX would like to thank the Trade Me Board for extending its support to Jon
in this appointment to the NZX Board, and by extension its support for New
Zealand's capital markets.
For further information please contact:
Kate McLaughlin
Head of Corporate Communications
M: 027 533 4529
T: 09 309 3654
E: [email protected]
End CA:00235224 For:NZX Type:DIRECTOR Time:2013-04-16 08:44:34
