Sam Morgan leaves CEO post

Former Trade Me GM Jon McDonald steps up

Sam Morgan has moved from the CEO role to become chairman of Trade Me. Jon McDonald, former general manager of the company, is taking up the CEO role.

This is a formalisation of what has existed informally for almost a year, with McDonald operationally running the company on a day-to-day basis, says Trade Me spokesman Michael O’Donnell.

The move will allow Morgan to grow his involvement in his portfolio of investment companies, says O’Donnell.

Morgan will continue to spend a couple of days a month at Trade Me in his role as chairman.

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