Former Accenture partner, Andrew Macpherson, and former MYOB chief financial officer, Simon Martin, have joined Melbourne IT’s (ASX:MLB) boardroom ranks.
The new appointments come as non-executive director, Tom Kiing, gets set to step down from his position on the board of the publicly-listed domain name registrar and IT services provider.
Macpherson comes to the role after more than a quarter of a century with Accenture, which he left as partner in 2005. He currently also holds the role of chair for non-profit IT social enterprise organisation, WorkVentures.
Martin, meanwhile, managed the purse strings of accounting software provider, MYOB, between 2005 and 2012 as the company’s chief financial officer. He also holds the position of chair for the UK-based aged care software provider, iCareHealth.
For Melbourne IT’s chair, Gail Pemberton, the new appointments are consistent with the company’s strategic direction and “continued commitment to growth”.
“Andrew Macpherson brings a much greater depth in enterprise technology project delivery and risk management to the Board,” Pemberton told shareholders. “Andrew worked with global consulting firm, Accenture for 27 years and specialised in implementing complex technology-enabled change projects to large enterprises and government in Australia, Asia and Europe.
“With the rapid growth of our Enterprise Service [ES] business, Andrew’s deep experience will be of immense value,” she said.
At the same time, Pemberton said Martin comes to the company with experience as both an executive and a director and investor in growth software platforms in Australia and internationally.
“Simon was CFO of MYOB from 2005 to 2012,” Pemberton said. “During this time, he oversaw several acquisitions and divestments, as well as the privatisation by Archer Capital in 2008, and the subsequent sale to Bain Capital in 2011. Simon’s skills complement the financial and M&A capability of the board.”
Meanwhile, Pemberton bade farewell to the departing Kiing, after more than 14 years of service with the company.
She noted Kiing’s contribution during the turnaround of the company’s small and medium-sized business (SMB) segment, and the rapid expansion of the ES division over the past three years.
Kiing will step down from the board, effective September this year.
The boardroom shuffle comes just over two months after the company unveiled plans to acquire digital marketing agency WME Group, with the ASX-listed domain name registrar raising new capital to fund a $39 million deal.