Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Trade Me hires Schibsted exec Anders Skoe as new CEO

By Paul McBeth

April 24 (BusinessDesk) - Trade Me Group has hired Norwegian online marketplace executive Anders Skoe, who will take over the reins of New Zealand's most popular domestic website later this year.

Skoe is currently chief executive of Norwegian classifieds site Finn.no and executive vice president of Nordic marketplaces at Schibsted, a media group that operates Finn.no.

Skoe will start at Trade Me in July.

"Trade Me is a fantastic business with great potential to grow. It’s particularly exciting to come into this business when it is going through a significant moment in its history, with a move back into private ownership," Skoe said.

New Zealand's dominant online marketplace is poised to return to private ownership when it delists from the NZX and ASX next week. Apax Partners will pay $6.45 a share, or $2.56 billion, on May 8 after Trade Me shareholders agreed to the takeover offer.

Current CEO Jon Macdonald, who had planned to leave last year but stayed on through the takeover offer, will remain in the role until Skoe arrives.

Trade Me shares closed at $6.43 yesterday.




© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Robertson Speech: Budget Sees Wider Debt Target

"New Zealand is well positioned to face this instability and uncertainty, but we are not immune from its impacts. Growth rates are set to be lower than we have seen in recent years..." More>>

ALSO:

Commerce Commission: Spark Warned Of Broadband Price Rise

The warning follows an investigation into representations Spark made on its website and in emails in August and September 2018, notifying in-contract customers receiving its copper-based broadband service of its decision to increase the price by $5 a month. More>>

Law Commission: Resist Rushing To New “Deepfake” Law

Artificial intelligence techniques can create massive volumes of fake audio, images and video that is incredibly convincing and near-impossible to detect... While it is tempting to respond with new law, the study finds that the long list of current legislation covering the issues may be sufficient. More>>

ALSO:

'Contrary To US Interests': US Lockout Sees Android Ditch Huawei

Effective May 16, 2019, the Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) by adding Huawei Technologies Co., Ltd. (Huawei) to the Entity List. More>>

ALSO: