Spark New Zealand has appointed Ed Hyde as the new CEO of Spark Ventures and a member of the telco’s leadership team, replacing the departing Rod Snodgrass.
As reported by Reseller News, Snodgrass will leave the telco later in the year to concentrate on driving corporate innovation and growth across a select range of New Zealand businesses.
Hyde joined Spark in 2006 and is currently CEO of Qrious, a big data and analytics business which launched in March 2014.
“Ed has been instrumental in the success of Spark Ventures to date, helping Rod build the Venture portfolio via a number of key roles, most recently as CEO of Qrious, our fast-growing data analytics business,” Spark managing director, Simon Moutter, said.
“Spark Ventures has played an important innovation role in our transformation to date and, as we shift to “Ventures 2.0”, it will continue to be influential in setting the company’s forward-looking agenda.
“I’m confident Ed will take Ventures to the next level of its evolution. His move into the CEO Spark Ventures role will understandably have an impact on leadership in Qrious, which we will finalise and announce shortly.”
Prior to his appointment, Hyde has been responsible for the development of a number of start-ups in the data and mobile domain in both the UK and New Zealand, while also spending a number of years as general manager of Mobile for Spark.
Hyde will take up his appointment effective October 1.