SEEK Limited Announces Key Organizational Changes to Take Advantage of Long Term Growth Opportunities; Announces Management Appointments
January 29, 2018 at 04:13 am
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SEEK Limited announced key organizational changes to take advantage of long term growth opportunities. There are two key changes: (1) creation of a larger operating business known as Asia Pacific & Americas (AP&A). AP&A brings together SEEK ANZ, SEEK Asia, Brasil Online, OCC and aligned early stage ventures; these changes are intended to increase collaboration across Strategy, Product, Online Technology and IT so that the company's world class capabilities and solutions are collectively organized; increasing collaboration will enable the company to solve common problems and build better solutions with greater focus and speed; AP&A to use its global scale but the company intend to retain the company's ability to create customizable solutions and services that meet local market needs. (2) Dedicated function to manage SEEK's investments for long term capital appreciation: Creation of SEEK Investments function dedicated to managing and making investments; Greater focus and increased resources in SEEK Investments will better position SEEK to make additional acquisitions and support its main investments; SEEK Investments will manage Zhaopin, OES and other early stage ventures.
The AP&A Executive leadership team will be led by Michael Ilczynski as AP&A CEO. The other key AP&A Executive appointments are Kendra Banks, Suresh Thiru, Simon Lusted, Tennealle O'Shannessy and Nic Casboult.
SEEK Limited is an online employment marketplaces company. It operates a range of other businesses, including SEEK Learning, which gives clients the expert information clients need to find the right course for their career, SEEK Volunteer, which has been connecting Australians to volunteer opportunities, and SEEK Business is Australiaâs online business-for-sale marketplace. Its segments include Australia and New Zealand (ANZ), Asia, Brasil Online, OCC, Platform support, Portfolio investments and SEEK Growth Fund. ANZ, Asia, Brasil Online and OCC segments are engaged in online employment marketplace services. Platform support segment includes JobAdder, which is a talent acquisition suite. Platform support also includes other businesses: Jora and Certsy. Jora is an online employment marketplace. Certsy is a platform to securely verify and share work credentials and to complete compliance checks. Portfolio Investments segment consists of a small portfolio of early-stage ventures.