iiNet makes Malone replacement permanent
Internet services provider iiNet has appointed David Buckingham as the company's chief executive officer.
It comes almost four months after iiNet founder Michael Malone resigned from the top job, 20 years after starting the business in his back garage.
Mr Buckingham, who has been acting in the position since November 2013, was appointed by the iiNet board after a global search.
“Despite strong competition from applicants around the world, David proved an obvious choice as the person to lead iiNet now and into the future,” iiNet chairman Michael Smith said.
"David has made the role his own over the past nine months, delivering the company's strongest ever results, market-leading customer service, and organic growth," Mr Smith said.
Mr Buckingham joined the Perth-based company seven years ago as its chief financial officer.
Shares in iiNet rose 10 cents, or 1.4 per cent, to $7.45 at 2.20pm.
AAP
