- Personal transport provider A2B Australia (A2B) appoints Mark Bayliss as Executive Chairman, effective March 7
- Current Executive Chairman David Grant will return to his previous role as a Non-Executive Director and Chairman of the Audit and Risk Committee
- Prior to joining A2B, Mr Bayliss held senior roles at Grays eCommerce Group, Australian Discount Retail, Burger King NZ and Fairfax Media
- Additionally, Non-Executive Director Louise McCann has retired effective immediately to focus on her recovery after taking extended leave due to a material health challenge
- On market close, A2B dropped 0.79 per cent with shares trading at $1.26 each
Personal transport provider A2B Australia (A2B) has appointed Mark Bayliss as Executive Chairman, effective March 7.
Current Executive Chairman David Grant will return to his previous role as a Non-Executive Director and Chairman of the Audit and Risk Committee.
Prior to joining A2B, Mr Bayliss was Executive Chairman and CEO of CSG, CEO of Grays eCommerce Group ad CEO of Quick Service Restaurant.
He also spent four years as a Partner at Anchorage Capital and stints as Executive Chairman of Burger King NZ and Chief Financial Officer of Australian Discount Retail and Fairfax Media.
“We are delighted to have an individual of Mark’s calibre to lead the company. He brings deep experience in strategic, operational and financial leadership and has a demonstrated track record of business transformation and value creation,” Mr Grant said.
“Mark’s role is expected to evolve according to the anticipated transformational stages
of the company’s journey. In the initial phase, Mark will work full time in the business for
approximately six months to stabilise and optimise current business performance while also overseeing the previously announced strategic review.”
“Informed by this initial phase, Mark will oversee a targeted search for a long-term CEO whom he will support and mentor in a semi-executive capacity for a further six months, after which he will transition to a more traditional Non-Executive Chairman role.”
Additionally, Non-Executive Director Louise McCann has decided to retire effective immediately to focus on her recovery after taking extended leave due to a material health challenge.
On market close for the day, A2B dropped 0.79 per cent with shares trading at $1.26 each.