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Thursday, 18 September 2014 11:02

Sydney startup picks former Microsoft exec for CEO role Featured

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Sydney-based food and drink tab startup Clipp has appointed Todd Forest, a former Microsoft executive, as its new CEO.

Forest brings more than 16-years of digital experience with global brands in the USA, Asia and Australia, and says he joins Clipp with the aim of scaling the rapidly expanding business and exploring revenue raising opportunities through future capital rounds.

Clipp, dubbed the ‘Uber for bar tabs’, has experienced strong growth in 2014, signing over 200 venues in less than 6 months and boosting its portfolio to 270 venues across Australia.

Forest worked with Nike as a product manager before joining AOL in the US as VP of its media networks where he managed Netscape.com and AIM.

In 2006, Forest joined job site Jobfox as CMO.

After moving to Australia, Forest became the Director of Content and Audience Experience at nineMSN. He managed MSN across the APAC region including ANZ, Korea, and SE Asia and was responsible for launching the Bing Apps with more than 50 media partnerships.

Forest is also an active angel investor who has currently invested in 6 Australian start-ups including DesignCrowd, RecruitLoop, Posse, XLabs and HeyLets, now also has a minority stake in Clipp.

He holds a BA from Dartmouth College and an MBA from Northwestern University – Kellogg.

Greg Taylor, one of the co-founders of Clipp, will continue in his role as Chairman and focus on strategic partnerships for the company.

“I join Clipp at a time when the mobile payments space is beginning to heat up," Forest said. "Clipp is at the forefront of the industry in Australia, proven by the rapid uptake of our proprietary technology in the last six months alone.

“I’m absolutely thrilled to be appointed the CEO of Clipp. I look forward to working with Greg and the rest of the Clipp team to cement our position as Australia’s go-to mobile payments solution.

“2014 has been an incredible year for Clipp and we’re looking to continue that momentum right through to next year with some product updates and other big news which I can’t wait to share with you all.”

Greg Taylor, co-founder and Chairman, Clipp, said “Todd has a proven track record of the right experience, knowledge and skills to take us into the next phase of our business, and we’re thrilled about having him onboard.

“Aside from being one of the best digital executives, Todd is incredibly passionate about startups and I can’t wait to work closely with him to take Clipp to the next level.

“I look forward to continuing my heavy involvement in the product and strategic partnership side of Clipp’s continued growth.”

Clipp has also been announced as one of the companies that will be presenting at the sixth annual Tech23 Conference.


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