1414 Degrees is pleased to advise that Mr Ian Little and Ms Penelope Bettison have been appointed as Directors of the Company. These appointments strengthen the Board at an important time in the Company’s development. The new Directors bring significant experience and expertise to the Board.
Mr Little was until recently the Chief Executive Officer of the Petrosys Group, a global software company providing services to the oil and gas industry. He started work with Arthur Young & Co as a Chartered Accountant in New Zealand in the late 1970’s. He then moved to the oil industry, initially in Indonesia, and eventually with Shell, where he worked for over a decade in Australia, London and in the Pacific Region. He became involved with the natural gas sector when he was invited by Victoria’s Treasurer, Alan Stockdale in 1993 to initiate gas industry reform, including the privatisation of the State-owned Gas & Fuel Corporation. Ian was formerly the CFO for GPU GasNet in Victoria, before joining Envestra as Chief Financial Officer in 2000, and becoming Managing Director in 2003. Envestra Ltd grew to become an ASX200 company and was eventually sold in a contested takeover in 2014 for $2.5 billion.
Ms Bettison has 20 years’ experience in marketing and business management and is the Company’s Head of Corporate Services. She founded and was a Director and Brand Strategist at Pitstop Marketing, investing in an early seed round and consulting to 1414 Degrees to prepare it for its initial public offering. She sold her interest in Pitstop Marketing to accept an executive role with the Company in 2017, guiding the corporate development and people and culture. Her experience spans a wide range of industries including financial services, engineering, education, government, business events and tourism. Penelope has a Bachelor of Business, is a Graduate of the Australian Institute of Company Directors, a Fellow of the Australian Marketing Institute and is an accredited Certified Practising Marketer.
Non-Executive Director Mr Robert Shepherd has advised the Company that he will retire from the Board at the 2019 AGM, and not seek re-election. Mr Shepherd is a founding investor and Director. The Company wishes to express its sincere gratitude to Robert for his significant contribution to the Company.