Transport technology services company EROAD has announced its chief executive Mark Heine will step down from the role in June 2026 following nearly 11 years with the business.
The company told the NZX and ASX that Heine had informed the board of his decision to resign as part of a transition process.
Heine says the decision was personal and made in consultation with the board.
“After almost 11 years at EROAD, I have decided the time is right to step down. This is a personal decision, made in consultation with the Board. I am proud of what the team has achieved during my time at EROAD.
Over the last 11 years I have seen EROAD grow from a small New Zealand start up with revenue of $17m to almost $200m in revenue today across Australia, New Zealand and North America. I believe the company is well positioned for its next phase, particularly with momentum building for eRUC in New Zealand, continued strong growth in Australia, and a talented leadership team in place,” Heine said.
Executive chair John Scott thanked Heine for his contribution to the company.
“I would like to thank Mark for his long-standing commitment to EROAD and the dedication he has shown to the Company over many years. We respect Mark’s decision and wish him and his family all the very best.”
The board says it will begin a recruitment process to appoint a new chief executive and will update the market in due course.
