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M/Motopia

Appointment of Interim CEO for Motopia Limited

2011-03-09 16:57
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MELBOURNE, Australia--(BUSINESS WIRE)--The Board of Motopia Limited (ASX:MOT) is pleased to announce the appointment of Matthew Gerard as interim CEO of the Company for a minimum period of 6 months.

Mr. Gerard was appointed a Non-Executive director of the Company in November 2010. He is also currently the Chairman of the Snapdragon Group of Companies, which is involved in various businesses including the marketing and distribution of household products, online retailing and other investments. Prior to this position, Mr. Gerard was the Executive Chairman & CEO of the Mistral Group of Companies, one of Australia's leading marketers and distributors of household appliances, homewares and electronic products.

Mr. Gerard relocated the Mistral group of companies head office from Melbourne to Hong Kong in 2007. He was the sole architect in the company's new and highly successful direction in Asia, UK and the USA. His experience and successful record in globalising companies will greatly assist Motopia's international plans by placing both Asia and the USA high up on Motopia's expansion agenda.

Mr. Gerard's skillset, diverse contact base and significant business experience will play a key role in the continued restructure and transformation of the Company to becoming a world leader in the mobile marketing space. Executive Chairman Mr. Jitto Arulampalam stated, "we are delighted that Matthew has accepted the position as interim CEO to integrate the businesses acquired over the past 3 months and assist the Board in mapping out the long term strategic plans of the Company."

Matthew's key business focus over the next 6 months will be as CEO of Motopia and his appointment as CEO is effective immediately. Over the next 6 months the Board will conduct an extensive local and international search for a permanent CEO.

Justyn Stedwell
Company Secretary

On behalf of the Board of Directors

Contacts

Motopia Limited
Wendy Syme, +61 404 001 277