Fairfax Media is to appoint former Paymark boss Simon Tong as its New Zealand managing director.
Tong announced his resignation from Paymark - a company that lets eftpos machines and banks ‘talk’ to each other to when customers make eftpos payments - earlier this year, saying he would depart in September.
He has been with the firm since early 2006. Before that he spent 12 years with Hewlett Packard and Compaq Computers across a number of senior roles.
Andrew Boyle has been Fairfax NZ acting managing director since April when then-CEO Allen Williams was promoted to head a new Australian publishing division.
Boyle, who was previously Fairfax NZ’s southern region general manager, was not immediately available for comment. Fairfax, publisher of stuff.co.nz and a stable of newspapers including the Sunday Star Times, Dominion Post and the Press, has recently restructured its executive management team and is yet to appoint a chief operating officer.
Fairfax Australian-based chief executive Greg Hywood is due to visit New Zealand next week as part of a trans-Tasman roadshow.
In announcing the appointment, Hywood said Tong was a proven leader with an impressive track-record.
"He has played a key role at Paymark in developing mobile payment leadership in the New Zealand market. We welcome him to the Fairfax team."
Tong said he was honoured to be joining such an important and respected organisation.
"Fairfax is the home of independent journalism for New Zealanders. I can't wait to start working with the many talented people to pursue new opportunities and develop and grow the business."