ASX-listed jobs market Airtasker could have its first feminine board chief with Cass O’Connor moving 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 not too long ago 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 reducing its workforce by 20% with the lack of 45 jobs, to place its again within the black.
“With Airtasker’s not too long ago introduced price discount program and concentrating on cashflow positivity for FY24, coupled with its sturdy stability sheet, that is an acceptable 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 pleased with the progress now we have made as an organization and the influence now we have had by means of our mission in Australia. I want Airtasker all the most effective for the long run 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 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 one among our earliest traders and supporters but additionally chargeable for driving necessary milestones together with concentrating on constructive working money circulate, steering us by means of our IPO, enabling crucial acquisitions comparable to Oneflare and pushing us in direction of worldwide growth,” 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 obtained in retailer subsequent!”
Cass O’Connor chairs NextEd (ASX:NXD) and startups together with fintech Completely 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 corporations 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 trade might be a significant asset as we discover inventive methods to turbocharge our world growth 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 individuals to understand the complete worth of their abilities.”
O’Connors support it was thrilling time to take the helm at Airtasker.
“The corporate has established a strong place within the versatile work economic 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 completed leaders. I’m actually trying ahead to contributing to Airtasker’s development trajectory.”
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