Tab New Zealand appoints new CEO
Operator secures services of former Air New Zealand CMO Mike Tod to lead firm following transition
Tab New Zealand has appointed Mike Tod as the its new CEO with effect from 21 March.
Tod has previously held leadership roles across a breadth of industries, including stints with TVNZ, dairy co-op Fonterra and Air New Zealand.
In his role as CEO, Tod will be responsible for managing the monopoly operator following its transition from the New Zealand Racing Board and the Racing Industry Transition Agency into its new entity.
Speaking on his arrival, Tod said: “Tab NZ is an iconic organisation that is inextricably linked to New Zealand’s way of life.
“Now that the racing industry reforms are well advanced, this allows Tab NZ, as a commercial wagering operator, to focus on its objectives of maximising profits for the long-term benefit of racing in New Zealand, to maximise returns to New Zealand sporting organisations, and to support our communities,” he added.
Mark Stewart, Tab NZ chair, said Tod’s experience at C-level at various major companies in New Zealand would allow him to succeed in his new role.
Stewart said: “His experience in highly regulated industries and with organisations with significant stakeholder complexity, will be invaluable to Tab NZ.
“Mike’s global experience with Air New Zealand – in particular as chief marketing and customer officer where he led the resurgence of the brand and delivery of proactive and service innovations internationally – places Tab NZ in a strong position to meet its financial potential and to deliver upon the expectations of its stakeholders,” he concluded.