BRISBANE, Australia – 6 September 2016 – Megaport Limited (ASX:MP1), global leader in SDN-based elastic interconnection, today announced that Haidee Van Ruth has joined the company as Chief Financial Officer.
Van Ruth will be responsible for managing the finance team at Megaport and will report directly to Megaport’s Chief Executive Officer, Denver Maddux. Vincent English, who previously held dual roles as Chief Financial Officer and Chief Operations Officer will now be fully transitioning into the Chief Operations Officer role.
This senior appointment was made on the heels of Megaport announcing its FY16 Full Year Results and Global Update. This included reported growth of recurring revenue by 80% since the beginning of the fiscal year, services launched in North America and Europe, the acquisition of two key European companies, and successful completion of capital raising.
Denver Maddux, Chief Executive Officer, Megaport Limited said: “Haidee’s depth of experience and tremendous work ethic perfectly underpin her ability to help me drive Megaport to our financial goals. I know that these skills, as well as her leadership abilities, are a great addition to the Megaport team and culture. I’m really looking forward to her contributions to further grow the capabilities of the company.”
Van Ruth has headed up numerous technology implementations and is CPA and AICD qualified. She joins Megaport with a wealth of business strategy and human relations experience.
Van Ruth has nearly 20 years of experience in commercial finance roles in high growth industries. She joins Megaport from Wild Breads Pty Ltd where she held the position of Chief Financial Officer. A passionate supporter of women’s health and charity, she will continue to hold the position of Non-Executive Director at Cherish Women’s Cancer Foundation.
“I am very pleased to join Megaport during the onset of a new growth phase following a great track record in achieving set milestones,” said Van Ruth. “I aim to use my broad experience to help the team identify new opportunities to achieve success and exceed shareholders expectations.”
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About Megaport
Megaport is the global leading provider of Elastic Interconnection services. Using Software Defined Networking, the Company’s global platform enables customers to rapidly connect their network to other services across the Megaport Fabric. Services can be directly controlled by customers via mobile devices, their computer or our open API. The Company’s extensive footprint in Australia, Asia Pacific, North America, and Europe provides a neutral platform that spans many key data centre providers across various markets.
Established in 2013 and founded by Bevan Slattery, Megaport built the world’s first SDN-based elastic interconnection platform designed to provide the most secure, seamless and on-demand way for enterprises, networks and services to interconnect. Led by industry veteran Denver Maddux, Megaport has been built by a highly experienced team with extensive knowledge in building large scale global carrier networks and connects over 500 customers throughout its 132 locations in 36 markets in 19 countries. Megaport is an Amazon AWS Technology Partner, Microsoft Azure ExpressRoute Partner, and Google Cloud Interconnect Partner. To learn more about Megaport, please visit: www.megaport.com.
Media enquiries about Megaport:
Email: media@megaport.com
WENDY HILL
SAPPHIRE COMMUNICATIONS
PH: +614-2717-3203
EM: wendy@sapphirecommunications.com.au
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