Trade Me exec to head IP firm

Last updated 16:24 04/07/2014

Relevant offers

Better Business

'Shocking' year for workplace deaths Second Christchurch business gutted by fire, arson suspected TV boss smashed worker's desk with hammer, taunted her on social media $40k payout for worker who crushed hand in log splitter Women who avoid boozy work dos Economic decisions are moral decisions: Bryan Bruce MBIE proposes more changes to reduce misuse of Financial Services register Change to large commissions not 'preferred' despite pricey report Kilbirnie sets up business improvement district for economic growth Nelson defence lawyer Tony Bamford fined, censured by disciplinary tribunal

Departing Trade Me chief operating officer Mike O'Donnell will head a new company set up by the Government to license its "know-how" and intellectual property to other governments.

The new company will be a joint venture between the Ministry of Foreign Affairs and Trade and New Zealand Trade and Enterprise.

NZTE spokeswoman Ann Clifford said the company had not yet been named and would probably initially employ a handful of staff.

Trade Me announced last month that O'Donnell would leave the online auction giant next month.

NZTE chief executive Peter Crisp said New Zealand government agencies were well respected internationally, so there was an opportunity to export their skills, systems and know-how.

As the new business was a commercial operation, it needed a leader with an entrepreneurial background, and O'Donnell was "a great fit", he said.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content