ASX-listed jobs market Airtasker could have its first feminine board chief with Cass O’Connor entering 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 just 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 chopping its workforce by 20% with the lack of 45 jobs, to place its again within the black.
“With Airtasker’s just lately introduced value discount program and focusing on cashflow positivity for FY24, coupled with its sturdy steadiness sheet, that is an acceptable time to transition to a brand new chair permitting me further 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 have now made as an organization and the impression we have now had by our mission in Australia. I want Airtasker all the very best for the longer term and stay up for 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 yr, Spenceley, who’s married to a Ukrainian, is trying to improve 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 considered one of our earliest traders and supporters but in addition chargeable for driving necessary milestones together with focusing on optimistic working money circulation, steering us by our IPO, enabling important acquisitions equivalent to Oneflare and pushing us in the direction of worldwide enlargement,” he mentioned.
“On behalf of the Airtasker Board and management group, I want James all the very best and am excited to see what he’s acquired 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 government roles at tech firms together with OzeMail.
The CEO welcomed O’Connor has the brand new chair.
“Cass has a brilliant spectacular observe document and her intensive expertise within the media trade will probably be a serious asset as we discover inventive methods to turbocharge our world enlargement 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 folks to understand the complete worth of their expertise.”
O’Connors help 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 copy its success internationally and has a terrific model and values set. Importantly,” she mentioned.
“Tim, his government group, the administrators and key backers are recognised and completed leaders. I’m actually wanting ahead to contributing to Airtasker’s development trajectory.”
Â