Geoff Hunt is leaving state-owned telco Kordia, after eight years serving as the company's CEO.
Hunt started at Kordia in 2005, when the company was known as THL Group. Since that time, he's seen Kordia transition from a broadcast infrastructure company, to an ISP with enterprise and residential subsidiaries including Orcon in New Zealand, and Kordia Solutions Australia across the Tasman.
During Hunt's time at the helm, Kordia's annual revenue has grown from $120 million to $400 million - more than half of that is from services new to Kordia in the last five years, according to the company's latest earnings report.
Hunt says he is leaving the company at a moment of stability, and in strong hands.
“Late last year, we announced that Orcon, our ISP subsidiary, would be merged into Kordia Networks creating a new business, Kordia New Zealand. This move was designed to remove cost and to increase focus on the business telecommunications market,” says Geoff Hunt.
“Now the engineering and field services operation, Kordia Solutions New Zealand, will also be merged into Kordia New Zealand, creating a substantial business with total annual sales just under $200m.”
Kordia says the group CEO role has been disestablished all together. Kordia New Zealand and Kordia Solutions Australia will continue to be run by their current CEOs, Scott Bartlett and Peter Robson respectively.
Hunt's last day is at the end of March.
Idealog has been covering the most interesting people, businesses and issues from the fields of innovation, design, technology and urban development for over 12 years. And we're asking for your support so we can keep telling those stories, inspire more entrepreneurs to start their own businesses and keep pushing New Zealand forward. Give over $5 a month and you will not only be supporting New Zealand innovation, but you’ll also receive a print subscription and a copy of the new book by David Downs and Dr. Michelle Dickinson, No. 8 Recharged (while stocks last).
Idealog is part of ICG. We work with clients like Woolworths New Zealand, All Good, Huffer, Liquorland, Resene, Citta Design, TVNZ, Spark and FCB on their event activations, in-store, in-office or out-of-home signage, content creation and vehicle wraps.