Story image

GeoOp appoints Anna Cicognani as acting head after incoming Ben Foote resigns

24 Feb 2015

GeoOp has appointed Anna Cicognani as acting chief executive, after newly appointed Ben Foote was unable to take the role as head of the small business app developer due to family complications.

The Auckland-based company announced Foote as the incoming chief executive at the end of last month, replacing outgoing Leanne Graham, who is moving to the US to take up the position of executive strategic advisor for GeoOp in the US. Complications with Foote's new baby has made moving to New Zealand from Sydney "unfeasible", the company said in a statement.

Cicognani will begin her role as acting chief executive next week. She has a background in digital technology including at Fairfax, APN News and Media and Telstra and is currently chief information officer at the Australian Institute of Management. Based in Sydney she will divide her time between Auckland and Australia.

GeoOp said it will update the market to any additional information, without saying whether it would keep looking for another chief executive.

In December, GeoOp said its first-half loss widened to $2.7 million from $1.6 million a year earlier even though its revenue surged 206 percent. The company is foregoing short-term profitability in a bid to capture market share in the growing reliance on smart phones, where its app can help small- and medium-sized enterprises manage remote workforces.

The company raised $10 million at $1 a share in a private offer before listing on the NZAX in October 2013. The shares last traded at 56 cents, and have climbed 51 percent so far this year.

How big data can revolutionise NZ’s hospitals
Miya Precision is being used across 17 wards and the emergency department at Palmerston North Hospital.
Time's up, tax dodgers: Multinational tech firms may soon pay their dues
Multinational tech and digital services firms may no longer have a free tax pass to operate in New Zealand. 
Spark’s new IoT network reaches 98% of New Zealand
Spark is the first company to confirm the nationwide completion of a Cat-M1 network in New Zealand.
WhatsApp users warned to change voicemail PINs
Attackers are allegedly gaining access to users’ WhatsApp accounts by using the default voicemail PIN to access voice authentication codes.
Robots to the fore – Key insights for New Zealand Business into RPA in 2019
From making artificial intelligence a business reality to closer ties to human colleagues, robotic process automation is gearing up for a strong 2019.
50 million tonnes of e-waste: IT faces sustainability challenges
“Through This is IT, we want to help people better understand the problem of today’s linear “take, make, dispose” thinking around IT products and its effects like e-waste, pollution and climate change."
Vocus & Vodafone unbundle NZ's fibre network
“Unbundling fibre will provide retail service providers with a flexible future-proofed platform regardless of what tomorrow brings."
IDC: A/NZ second highest APAC IoT spenders per capita
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.