Story image

Vista Group board reveals new CEO

Vista Group announced that Kimbal Riley will take over as Group CEO from Murray Holdaway.

Holdaway will take up the position of chief product officer (CPO) for Vista Group, and will continue in his role as an executive director on the Vista Group board.

This has taken place as part of a succession planning process and will deliver a seamless transition within the business.

Riley has had an extensive career in senior executive roles in the IT and Services industries in New Zealand and overseas.

He joined Vista Group four years ago, with the past two years as CEO of  Vista Entertainment Solutions (VES), which is responsible for the largest proportion of the Group’s revenue.

He has been focused on building scale in the business and under his leadership VES has grown its global footprint by an additional 20 markets, extending its reach to more than 80 countries.

VES has continued to sustain over 20% revenue growth per year under Riley’s leadership and has been the high growth driver that has helped to open additional international market opportunities for other businesses in the Group.

Vista Group chair Kirk Senior has praised Holdaway for his exceptional leadership of the company, which he co-founded in 1996.

Vista has grown to become a dominant provider of cinema management, film distribution and customer analytics software in the global film industry.

Its subsidiary companies provide products and services to multiple film industry segments.

Senior says, “Murray has shown great vision and expertise in leading a team to create and grow Vista Group, one of New Zealand’s top performing technology companies.

“His strengths continue to lie in product innovation and customer service and with the diversification of Vista since our 2014 public listing, we want him to focus in the area where he has traditionally provided the greatest value, which is product innovation.”

“After more than two decades building and leading Vista Group it is time for him to hand the leadership reins to Kimbal Riley, his natural successor, we are extremely fortunate that we will retain Murray’s expertise and critical strengths in his new role as Chief Product Officer.”

Riley says he is honoured to have the opportunity to be CEO of Vista Group, which is poised for the next stage in its evolution, and he is delighted to be working alongside its visionary co-founder.

The change in leadership is effective from 03 April 2018.

Cryptomining apps discovered on Microsoft’s app store
It is believed that the eight apps were likely developed by the same person or group.
A multi-cloud approach - what is in it for me?
OVH CEO Michel Paulin explains the benefits of a multi-cloud approach to an organisations digitalisation and what to consider before implementation.
IDC: Top 10 trends for Australia’s digital transformation
The CDO title is declining, 35% of us will be working with bots, the Net Promoter Score will be key to success, and more.
Why the IT service integration market is becoming highly automated
"The SIAM market is not large, but it is one of the fundamental pillars of every digital transformation strategy."
Intel and Rakuten partner to address 5G network gap
“We believe this full end-to-end virtualised network will help us to shift away from reliance on dedicated hardware and legacy infrastructure.”
Exclusive: How Australian businesses can foster customer loyalty with CX
From boardrooms to meeting rooms, there’s an overwhelming recognition of the importance of CX, particularly when it comes to building customer loyalty.
Spoofs, forgeries, and impersonations plague inboxes
It pays to double check any email that lands in your inbox, because phishing attacks are so advanced that they can now literally originate from a genuine sender’s account – but those emails are far from genuine.
HCL and IBM collaborate to encourage global hybrid cloud uptake
HCL announced a collaboration with IBM designed to help advance the hybrid cloud journeys of organisations worldwide.