AUCKLAND: EROAD, a transport and telematics technology company, has announced the appointment of David Kenneson as dual-CEO, effective today. He will work alongside Mark Heine, who has been leading the company for nine years, as part of the next phase of its global growth strategy. The company said the dual-CEO model will enable it to…
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Mark Heine appointed as EROAD’s new Chief Executive Officer
AUCKLAND, NZ: Transportation technology services company EROAD (NZX/ASX: ERD), confirmed the appointment of Mark Heine as EROAD’s new Chief Executive Officer. The Board began a global search process in late 2021 for a new Chief Executive Officer to allow Steven Newman to step back from the day-to-day responsibility of leading the company. With Steven’s resignation…
EROAD’s share purchase plan closes oversubscribed
AUCKLAND, NEW ZEALAND: EROAD Limited announced that its NZ$16.1 million Share Purchase Plan (SPP) closed oversubscribed, receiving strong shareholder support with applications totalling almost NZ$43 million, approximately 267% of the amount sought. Given the significant demand and under the terms of the Share Purchase Plan (SPP), EROAD has opted to accept oversubscriptions of NZ$3.9 million,…