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


Duco Promotions taps Martin Snedden for new top job

Duco Promotions taps Martin Snedden for new top job

By Suze Metherell

Sept. 17 (BusinessDesk) - Duco Promotions has appointed former head of New Zealand's Rugby World Cup 2011 Martin Snedden as head of the sporting events company as it chases global growth.

Snedden will join the Auckland-based company as chief executive in November. The former test cricketer has previously headed up New Zealand Cricket, and is still on its board, before switching codes to take the top job organising New Zealand's Rugby World Cup in 2007. He was most recently chief executive of the Tourism Industry Association. Snedden is also on the board of Auckland's 2017 World Masters Games.

"Martin Snedden as group chief executive has shown he is a great pair of hands with an unbroken track record of success," Duco director David Higgins told BusinessDesk. "He will bring to the table massive credibility, he can open a lot of doors and he's also a good leader and manager of people. We're growing and we want to get to the next level."

Duco is boxer Joseph Parker's promoter as well as the founder of NRL Auckland Nines and Fight For Life, a charity boxing event which typically features bouts between rugby league and rugby union players. Higgins said they recently signed Australian Olympic boxer Jeff Horn.

The company focuses on sporting events where it can own the content and earn across a variety of revenue streams including local and international broadcasting rights, as well as ticketing.

The appointment is part of a push to earn $100 million in annual turnover over the next few years through further international growth by holding major sporting events in Australia and the UK as well as more boxing events in the US, Higgins said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats: Auckland’s Population Falls For The First Time
In the wake of the COVID-19 pandemic, New Zealand’s population growth slowed down with Auckland recording a population decline for the first time ever, Stats NZ said today. “New Zealand saw slowing population growth in all regions... More>>

BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Retail NZ: Some Good News In COVID Announcements, But Firm Dates Needed

Retail NZ is welcoming news that the Government is increasing financial support for businesses in light of the ongoing COVID-19 lockdown, and that retail will be able to open at all stages of the new “Covid Protection Framework... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>