The Market Herald Limited has announced the appointment of Twila Jensen as an executive director of the company’s Board, announced on the ASX.
Jensen, whose appointment is effective immediately, brings over 20 years of capital markets experience in media and the marketing of public companies.
She has been a key executive of the Stockhouse team over the last decade and has been recognised as the driving force behind much of the revenue that has been realised.
Since the acquisition of Stockhouse by The Market Herald in 2019, as part of the leadership team, Jensen has developed several new media and finance offerings under The Market Herald Canada brand that has resulted in new multi-million dollar revenue streams.
The Market Herald noted that they are looking forward to the contributions to be made by Jensen.
The Company also acknowledged the resignation of Colin Chenu as a non-executive director of the Company with immediate effect. It also thanked Chenu for his contribution over the past years and wishes him well in his future endeavours.
Back in August, The Market Herald announced it will acquire Gumtree Australia, Carsguide and Autotrader Australia.
Together Gumtree Autos, Carsguide and Autotrader are together the number two automotive marketplace in Australia.
It signed an agreement to acquire 100% of the shares of Gumtree Australia and entities for total consideration of $AUD86.7million ($US60million )subject to completion.
The number of car listings and site traffic is nearing parity with the top automotive marketplace. Further product development and digital classified advertising expansion will deliver an end-to-end digital car buying experience for millions of users.
See also: The Market Herald acquires Gumtree, Carsguide and Autotrader
The Market Herald also announced at the time expand Fancy, its luxury editorial-led listings platform for high value products and services.
At the time, the company also shared that it would launch The Market Herald Family Office, it will be an editorial and streaming video offer covering the products and services that self directed high net wealth investors need to manage their wealth, such as estate planning, tax, philanthropy, wellness, art and alternative asset consultancy and other services.
It will also serve as a marketplace of service providers wanting to connect to this audience through listings, streaming segment sponsorship and transactional offers.