- Redbubble (RBL) appoints Martin Hosking as its newest CEO and Managing Director
- He replaces Michael Ilczynski, who stood down for personal reasons and to pursue other opportunities
- The appointment puts Mr Hosking — Redbubble’s co-founder, largest shareholder and former CEO — back in charge of the company
- Group Chair Anne Ward says Mr Hosking is the ideal fit given he “has previously proven himself an effective leader of the Redbubble group”
- Shares in RBL are up 2.35 per cent and trading at 43.5 cents at 1:13 pm AEDT
Redbubble (RBL) has announced the appointment of Martin Hosking as its newest CEO and Managing Director.
The news follows the resignation of Michael IIczynski, who stood down for personal reasons and to pursue other opportunities.
The appointment puts Mr Hosking — Redbubble’s co-founder, largest shareholder and former CEO — back in charge of the company.
Mr Hosking last served as interim CEO before Mr IIczynski’s tenure in charge.
Redbubble Group Chair Anne Ward said Mr Hosking was the ideal fit to lead the company moving forward.
“The board has determined that Martin is best placed to take over as CEO. Martin has previously proven himself an effective leader of the Redbubble group,” Ms Ward said.
“As a co-founder, he has unparalleled knowledge of the group and its operating environment and can immediately fulfil the requirements of the role.”
Ms Ward also expressed her gratitude towards Mr Ilczynski for his time in charge.
“Michael joined the group during the COVID-19 pandemic and has provided valuable leadership through a turbulent period,” she said.
“He has recruited an impressive team, and the group is well-placed to deliver on its strategic plan.”
The company said Mr Ilczynski would provide his support up until June 30, 2023, to ensure a smooth leadership transition.
Shares in RBL were up 2.35 per cent and trading at 43.5 cents at 1:13 pm AEDT.