- Bill Identity (BID) has appointed Australian media executive Peter Tonagh as its Non-Executive Chairman, commencing today
- Previously, Peter was both CEO and Chief Operating Officer for Foxtel and News Corp Australia
- The appointment follows the recent purchase of U.K.-based energy management software business Optima Energy
- Peter will be replacing Geoff Kleemann who has been serving as Interim Chairman, however, he will remain as a Non-Executive Director of the company
- On the market today, Bid is up 2.11 per cent and trading at $1.21 per share
Bill Identity (BID) has appointed Australian media executive Peter Tonagh as its Non-Executive Chairman, commencing today.
Peter is currently a Chairman of Sydney based analytics company, Quantium, and is the former Lead Independent Director for Village Roadshow. Additionally, he is also the Chairman for a not-for-profit media organisation, Bus Stop Films, and is a Council Member of the Australian Film Television and Radio School.
Previously, Peter is the former CEO if Foxtel and News Corp Australia after he was the Chief Operating Officer for both companies.
Bid says the appointment comes as it is trying to become a major player in the utility bill management sector. It follows the recent purchase of U.K.-based energy management software business Optima Energy.
Peter will replace Geoff Kleemann, who has been serving as Interim Chairman, however, he will remain as a Non-Executive Director of the company.
Peter says he is looking forward to working with the Bid team.
“Bid is a fast-growing technology company with the potential to become a global leader in its sector. I am excited to be joining the company as it accelerates its international growth strategy following the recent Optima acquisition,” he told the market on Monday.
Notably, he recently led a consortium to save newswire service AAP, which is now a not-for-profit organisation.
Managing Director Guy Main believes Peter will bring a wealth of business experience to the team.
“Peter has been involved in business transformation in several of his previous roles and we look forward to drawing on that experience as we continue to expand our footprint in international markets,” he said.
On the market today, Bid is up 2.11 per cent and trading at $1.21 per share at 12:03 pm AEDT.