Money All the major executive and board moves in ASX companies last week

12:56  03 july  2018
12:56  03 july  2018 Source:   businessinsider.com.au

Nine secures rights to the 2019 Australian Open tennis from Seven

  Nine secures rights to the 2019 Australian Open tennis from Seven Nine Entertainment Co and Seven Network have reached a $48.5 million agreement to put summer sport on Channel Nine.The next Australian Open will be shown on Channel Nine after last-ditch negotiations with Seven Network resulted in a $48.5 million agreement with Tennis Australia that will finalise the broadcasting of summer's major sports for the next five years.

Via Blenheim Partners executive search, here are the major personnel moves in C-suites and on boards last week .

Via Blenheim Partners executive search, here are the major personnel moves in C-suites and on boards last week . Contact Energy Ltd: Rob McDonald has been appointed Chairman effective 1 September 2018, and Sir Ralph Norris has resigned as Chair of the Board .


a close up of a man wearing glasses© Provided by Business Insider Inc Via Blenheim Partners executive search, here are the major personnel moves in C-suites and on boards last week.

  • Amaysim Australia Ltd: Julian Ogrin has resigned as Chief Executive Officer and Managing Director effective 1 July 2018, Peter O’Connell has been appointed Chief Executive Officer effective 1 July 2018.
  • Ardent Leisure Ltd: Craig Davidson has resigned as Theme Parks Chief Executive Officer, Nicole Noye Group Chief Experience Officer has been appointed acting Chief Executive Officer of Theme Parks, Phil Tanner has been appointed as Director of Safety and Mike McKay has been appointed Director of Culture, Community and External Relations.
  • Ausdrill Ltd: Mark Connelly has resigned as Non-Executive Director.
  • Cabcharge Australia Ltd: Donnald McMichael has resigned as Non-Executive Director, effective 30 June 2018.
  • CSG Ltd: Mark Bayliss has been appointed Executive Director and Chairman, effective 27 June 2018.
  • Data Exchange Network Ltd: Douglas Loh has been appointed Chairman effective 1 July 2018, current Chairman Richard Carden will remain a Non-Executive Director.
  • Homeloans Ltd: Jason Azzopardi has been appointed Chief Financial Officer, effective 3 July 2018.
  • HT&E Ltd: Peter Cosgrove will resign as Chairman effective 30 June 2018, Robert Kaye has been appointed interim Chairman effective 30 June 2018.
  • Lendlease Ltd: David Crawford will retire as Chairman effective 16 November 2018, Michael Ulmer has been appointed Chairman effective 16 November 2018.
  • Mayne Pharma Group Ltd: Patrick Blake has been appointed Non-Executive Director.
  • McGrath Ltd: Wayne Mo has been appointed Non-Executive Director, effective 27 June 2018.
  • Metcash Ltd: Patrick Allaway has retired as Non-Executive Director, effective 25 June 2018.
  • Metro Performance Glass Ltd: Andrew Dallison has been appointed General Manager South Island and Angus Wilson has been appointed General Manager New South Wales.
  • Milton Corporation Ltd: Brendan O’Dea has been appointed Chief Executive Officer and Managing Director effective 1 August 2018, Frank Gooch will retire as Chief Executive Officer and Managing Director.
  • Money3 Corporation Ltd: Ray Malone has been appointed Executive Chairman.
  • Navitas Ltd: David Buckingham has been appointed Managing Director effective 1 July 2018, Rod Jones will retire from Managing Director effective 1 July 2018.
  • Qantas Airways Ltd: Leigh Clifford will step down from Chairman effective October 2018, Richard Goyder has been appointed Chairman effective 26 October 2018.
  • Redbubble Ltd: Martin Hosking will retire as Chief Executive Officer and Managing Director then will become a Non-Executive Director effective 1 August 2018, Barry Newstead has been appointed Chief Executive Officer and Managing Director effective 1 August 2018.
  • Redflow Ltd: Howard Stack has resigned as Non-Executive Director, effective 28 June 2018.
  • Tempo Australia Ltd: Ian Lynass has also been appointed as Managing Director.
  • Trade Me Group Ltd: Jon Macdonald has announced his intention to retire from Chief Executive Officer in approximately six months.
  • WAM Active Ltd: Karina Kwan has been appointed Non-Executive Director effective 3 July 2018, and Chris Scott and Matthew Kidman have resigned as Non-Executive Directors.
  • Wellard Ltd: David Griffiths has resigned as Non-Executive Director, effective 29 June 2018.

Australia's bike sharing industry is near collapse as 3 major companies shut .
Three bike sharing businesses -- oBike, ReddyGo and Ofo -- have gone from Australia. Their departure has called into question a business model more based on data collection than fees. The scramble to establish a viable bike sharing business has all but ended in Australia, leaving behind broken and abandoned frames and a business model that didn't work.

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