Mike Connaghan has this morning announced his resignation from WPP AUNZ as CEO and executive director.
Connaghan’s resignation was announced via the ASX site this morning, effective 31 December 2018. B&T is unclear what triggered the move.
Connaghan had been in the position for two-and-a-half years. Prior to the merger with STW, he was STW’s CEO for 12 years.
In a statement to B&T, Connaghan said: “It is with mixed feelings that today I announce my resignation as CEO of this great company.
“It has been an absolute honour to lead WPP AUNZ for the past decade, from the days of STW Group through to the recent transformational merger with WPP AUNZ.
“But now that merger is complete, it is time for new leadership. During the 25 years I have spent with the business, I’ve seen it go from strength to strength.
“As the business has grown, so too has the WPP AUNZ family, and working with all our talented people has made me incredibly proud. Together, we’ve made a lot of progress in some challenging times.
“The group’s leadership position in this market is now unassailable and presents a terrific opportunity for fresh insights and renewed energy to move us forward at pace.
“I leave the business wishing it all the success it deserves, and in the capable hands of a strong and established leadership team that will no doubt steer it successfully through this transition period.”
WPP AUNZ chairman Rob Mactier said: “Mike has led the company through a period of extensive change and inspired our people to leverage our scale, global knowledge and collective know-how.
“It is a testament to Mike’s qualities that he recognises that it is now the right time for renewal as we seek to capitalise on the opportunities that the merger and our leadership position in the market represents, particularly as the industry undergoes further transformation.”
“We thank Mike for the extraordinary commitment and contribution he has made to our company over some 25 years, most notably as CEO of the business since 2006.
“The board of WPP AUNZ and our major shareholder, WPP plc, are indebted to Mike for all that he has delivered during his time with WPP AUNZ, and he leaves with our collective best wishes.”
Mactier said the company’s board will undertake a global search for Connaghan’s replacement.
“To best achieve continuity of leadership to deliver on the company’s near-term business objectives, WPP AUNZ executive director John Steedman will lead an executive steering committeeduring the transition phase to a new CEO,” he said.
“Mike will work with the committee, and he will be available to the board and committee through to March 31, 2019.”
In a statement to B&T, Steedman said: “It has been a privilege for all of us to work alongside Mike Connaghan. From his start with the business more than 25 years ago, to successfully merging the STW and WPP business, Mike leaves a strong legacy of commitment to the business.
“Mike has made an outstanding contribution to our company, our people and our clients, and we wish him all the very best for the future.”
Swinburne University of Technology has launched a series of Bootcamp Graduate Certificate courses, developed in partnership with FourthRev. The courses, an Australian-first, will upskill career changers and provide students the capabilities required to thrive in the digital economy. They are available on-campus and through its online arm, Swinburne Online. Alongside completing projects which will emulate […]
PayPal has partnered with Welcome to Country, Australia’s first Indigenous-led not-for-profit marketplace, which showcases businesses that support Aboriginal and Torres Strait Islander communities. Welcome to Country launched in 2019, providing an online platform for Indigenous experience providers across tours, day treks, scenic flights, bush food, festivals, art and cultural experiences. When the pandemic hit, the […]
Former liberal politician and female icon Julie Bishop has further cemented her celebrity status by scoring her very own Barbie doll. According to The Sydney Morning Herald, Barbie creators Mattel, created the Barbie doll in Bishop’s likeness to honour her achievements. Unfortunately, the Julie Bishop Barbie won’t be for sale. Instead, the one-off doll was […]
Full-service digital marketing agency Whitehat Agency has launched its new website and branding, with the end-to-end project delivered by its own team of experienced in-house website designers, developers and UX specialists. After a challenging 2020, Whitehat Agency has experienced a very positive 2021 to date, onboarding nine new clients including The Dog Mum, Handpicked Wines, Compost […]
Award-winning house and land provider, Thrive Homes has launched a new brand campaign to encourage homebuyers worried about the complicated process of building a new home to say 'no' to stress and 'yes' to an efficient, more affordable new home without compromising quality by making 'The Clever Choice' and choosing Thrive.
Fast-growing fintech startup DiviPay has announced the appointment of one of Australia’s most influential and reputable public figures in the accounting world, Trent McLaren, as its head of accounting. The move will enable Divipay to expand its reach into the accounting industry, with the aim of growing its business customer base. DiviPay, Australia’s first virtual […]
Independent agency Adhesive has been appointed the public relations agency of record in Australia for the Domain Group, a leading property technology and services marketplace. The appointment will see Adhesive support PR & communications and campaign media activity for Domain, across consumer, corporate and B2B market remits. Adhesive will work closely with Domain’s in-house communications, […]
Sean Szeps is a gay father and a proud member of the LGBTQIA+ community who believes he does not know enough about those within his community that have different gender and sexual identities to his own. Feeling compelled to explore the unique experiences of every member of the community, Szeps’ new podcast, Come Out Wherever […]