Veteran tech director Cass O'Connor to chair Airtasker as investor James Spenceley steps all the way down to deal with humanitarian work
[ad_1]
ASX-listed jobs market Airtasker can have its first feminine board chief with Cass O’Connor getting into the chair position subsequent month as James Spenceley departs after eight years.
Spenceley, the founding father of telco Vocus, is a prolific VC investor and North Sydney councillor and extra lately based humanitarian organisation Aus Ukraine Support, was a seed investor in Airtasker after CEO Tim Fung based the tech platform with Jonathan Lui in 2012, steering it by by its ASX itemizing in 2021.
In April, the corporate (ASX:ART) introduced it was reducing its workforce by 20% with the lack of 45 jobs, to place its again within the black.
“With Airtasker’s lately introduced price discount program and focusing on cashflow positivity for FY24, coupled with its sturdy steadiness sheet, that is an applicable time to transition to a brand new chair permitting me further time to deal with my short-term humanitarian works,” Spenceley mentioned.
“It has been an honour to function Chair of Airtasker for the previous 8 years. I’m happy with the progress we now have made as an organization and the affect we now have had by our mission in Australia. I want Airtasker all the most effective for the long run and look ahead to seeing the corporate proceed to thrive.”
He’ll step down from the board on the finish of June, however for now stays on the boards of Kogan.com (ASX:KGN) and Swoop Telecom (ASX:SWP) for now.
With Russia’s invasion of Ukraine now dragging on right into a second 12 months, Spenceley, who’s married to a Ukrainian, is seeking to enhance his humanitarian work, supplying the nation, ambulances and different important transport and provides.
Founder Tim Fung thanked Spenceley for “an unbelievable contribution ” to the enterprise since 2015.
“James was not solely certainly one of our earliest buyers and supporters but additionally chargeable for driving necessary milestones together with focusing on optimistic working money circulation, steering us by our IPO, enabling vital acquisitions resembling Oneflare and pushing us in direction of worldwide enlargement,” he mentioned.
“On behalf of the Airtasker Board and management crew, I want James all the most effective and am excited to see what he’s received in retailer subsequent!”
Cass O’Connor chairs NextEd (ASX:NXD) and startups together with fintech Totally different and model influencer market Tribe, in addition to being on the board of iCollege. Her profession consists of chairing Prime Media Group, and govt roles at tech firms together with OzeMail.
The CEO welcomed O’Connor has the brand new chair.
“Cass has an excellent spectacular monitor report and her in depth expertise within the media trade shall be a significant asset as we discover inventive methods to turbocharge our international enlargement and replicate the expansion we’ve achieved to this point in Australia,” Fung mentioned.
“We’re all trying ahead to working with Cass to ship on the Airtasker mission – to empower folks to understand the total worth of their abilities.”
O’Connors support it was thrilling time to take the helm at Airtasker.
“The corporate has established a stable place within the versatile work financial system in Australia, is poised to duplicate its success internationally and has a terrific model and values set. Importantly,” she mentioned.
“Tim, his govt crew, the administrators and key backers are recognised and achieved leaders. I’m actually trying ahead to contributing to Airtasker’s progress trajectory.”
[ad_2]
