Thursday, 08 August 2019 09:57

Change at the top for MYOB

Tim Reed Tim Reed

MYOB has chosen Greg Ellis to succeed Tim Reed as its CEO.

Accounting software provider MYOB has announced that CEO Tim Reed has decided to step down from the role, and will be replaced by Greg Ellis, whose most recent role was CEO of Scout 24.

Reed, who has been with MYOB for 16 years including 12 in the top job, will continue to be involved with the company in an advisory role.

"We are deeply grateful to Tim for his service as CEO and are delighted that MYOB will continue to benefit from his expertise and vision in his capacity as an advisor to the company," MYOB board member and head of KKR Australia Scott Bookmyer.

"Tim's leadership at the helm of MYOB for the past 12 years has built a truly great and innovative technology company that is positioned for exciting growth.

"Greg is one of the most accomplished Australian executives in the industry and has distinguished himself with an extensive track record of building high growth technology companies.

"His deep industry knowledge and ability to deliver value during his more than 30-year career at companies including Scout 24 and REA gives the Board confidence in his ability to lead MYOB forward into its next phase of growth."

Reed said that during his time as CEO, MYOB had transformed from being a desktop software provider to an online subscriptions business.

"MYOB is now at an inflection point, meaning it is the right moment for me to step down in order to let the next CEO own and drive the transformation project forward.

"I remain a committed investor and look forward to seeing the business reach new heights in the years ahead."

Ellis has over 30 years' business experience, including ten as a CEO, in areas including digital advertising, e-commerce, telecommunications and software, both in Australia and overseas.

Prior to joining Scout 24, he was CEO of online real estate company REA Group, marketing director for Asia online services at Microsoft, managing director of Truvo's online division, managing director of Sensis Interactive, and group manager of marketing at Telstra.

He holds a Bachelor of Business from the Queensland University of Technology.

Describing MYOB as an iconic Australian and New Zealand technology business, Ellis said the company has supportive investors and a clear go forward strategy.

"I look forward to getting to know the team, clients and partners in the weeks to come, and making rapid progress toward our transformation goals when I join in September."


As part of our Lead Machine Methodology we will help you get more leads, more customers and more business. Let us help you develop your digital marketing campaign

Digital Marketing is ideal in these tough times and it can replace face to face marketing with person to person marketing via the phone conference calls and webinars

Significant opportunity pipelines can be developed and continually topped up with the help of Digital Marketing so that deals can be made and deals can be closed

- Newsletter adverts in dynamic GIF slideshow formats

- News site adverts from small to large sizes also as dynamic GIF slideshow formats

- Guest Editorial - get your message out there and put your CEO in the spotlight

- Promotional News and Content - displayed on the homepage and all pages

- Leverage our proven event promotion methodology - The Lead Machine gets you leads

Contact Andrew our digital campaign designer on 0412 390 000 or via email



Security requirements such as confidentiality, integrity and authentication have become mandatory in most industries.

Data encryption methods previously used only by military and intelligence services have become common practice in all data transfer networks across all platforms, in all industries where information is sensitive and vital (financial and government institutions, critical infrastructure, data centres, and service providers).

Get the full details on Layer-1 encryption solutions straight from PacketLight’s optical networks experts.

This white paper titled, “When 1% of the Light Equals 100% of the Information” is a must read for anyone within the fiber optics, cybersecurity or related industry sectors.

To access click Download here.


Stephen Withers

joomla visitors

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.



Recent Comments