Eroad’s founder and CEO resigns - shares slump

Eroad’s founder and CEO resigns - shares slump
Steven Newman had been Eroad CEO since 2007. (Image: Eroad)
Henry Burrell
Eroad’s founder and chief executive, Steven Newman, has resigned from the company and its board.Newman co-founded sat-nav company Navman before moving to Eroad to become CEO in November 2007. Current general counsel and company secretary, Mark Heine, will replace Newman as acting CEO effective today.In a statement, the transport technology company said its board and Newman had started a succession plan in 2020.“With the completion of the acquisition of Coretex Limited, and the relaxation of covid related travel restrictions, an inte...

More Technology

NZ firm Medtech snapped up by private equity
Health

NZ firm Medtech snapped up by private equity

Medtech was based in NZ but registered in Australia since a 2020 acquisition.

Ben Moore 20 Feb 2025
Spark, Microsoft sign major public cloud partnership
Markets

Spark, Microsoft sign major public cloud partnership

Spark and Microsoft have signed what they’re billing as the country’s largest-ever Microsoft public cloud partnership.The deal includes an AI focus. It will include “one of the largest Microsoft 365 Copilot deployments in New Zealand”, with an extra 1,800 Spark staff getting Micr...

Staff reporters 20 Feb 2025
GE guinea pig? We should be so lucky
Opinion

Peter Griffin: GE guinea pig? We should be so lucky

We need a debate informed by the latest science.

Peter Griffin 20 Feb 2025
How the venture studio model is changing the game
Technology Free Business of Tech

How the venture studio model is changing the game

Plus, what to watch for with Spark's earnings ahead.