Jon Macdonald to stay on as Trade Me boss through takeover tussle

Sun, 09 Dec 2018

By Paul McBeth Dec. 10 (BusinessDesk) - Trade Me chief executive Jon Macdonald will stay on at the online marketplace as it weighs up two multi-billion-dollar takeover offers from overseas private equity firms. Macdonald had planned to leave the company this month after a decade in the top job, having joined Trade Me in 2003. That's now being put on hold, and he will lead the company on an interim basis due to the rival bids by Apax Partners and Hellman & Friedman. The company said it will provide news on a new CEO appointment in due...

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