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ASX-listed jobs market Airtasker can have its first feminine board chief with Cass O’Connor getting into the chair function 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 just lately based humanitarian organisation Aus Ukraine Help, was a seed investor in Airtasker after CEO Tim Fung based the tech platform with Jonathan Lui in 2012, steering it by means of by means of its ASX itemizing in 2021.
In April, the corporate (ASX:ART) introduced it was chopping its workforce by 20% with the lack of 45 jobs, to place its again within the black.
“With Airtasker’s just lately introduced price discount program and concentrating on cashflow positivity for FY24, coupled with its robust stability sheet, that is an acceptable time to transition to a brand new chair permitting me extra time to concentrate on my short-term humanitarian works,” Spenceley mentioned.
“It has been an honour to function Chair of Airtasker for the previous 8 years. I’m pleased with the progress we now have made as an organization and the affect we now have had by means of our mission in Australia. I want Airtasker all the most effective for the longer term 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 trying to enhance his humanitarian work, supplying the nation, ambulances and different important transport and provides.
Founder Tim Fung thanked Spenceley for “an unimaginable contribution ” to the enterprise since 2015.
“James was not solely one among our earliest buyers and supporters but in addition answerable for driving necessary milestones together with concentrating on constructive working money move, steering us by means of our IPO, enabling essential acquisitions comparable to Oneflare and pushing us in the direction of worldwide growth,” he mentioned.
“On behalf of the Airtasker Board and management group, 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 contains 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 observe report and her in depth expertise within the media business can be a serious asset as we discover artistic methods to turbocharge our world growth and replicate the expansion we’ve achieved thus far in Australia,” Fung mentioned.
“We’re all wanting ahead to working with Cass to ship on the Airtasker mission – to empower individuals to grasp the total worth of their abilities.”
O’Connors assist it was thrilling time to take the helm at Airtasker.
“The corporate has established a strong place within the versatile work financial system in Australia, is poised to copy its success internationally and has a terrific model and values set. Importantly,” she mentioned.
“Tim, his govt group, the administrators and key backers are recognised and completed leaders. I’m actually wanting ahead to contributing to Airtasker’s development trajectory.”
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