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Waikato Business News September/October 2017

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

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WAIKATO BUSINESS NEWS <strong>September</strong>/<strong>October</strong> <strong>2017</strong><br />

9<br />

Search begins for new<br />

Momentum <strong>Waikato</strong> CEO<br />

Momentum <strong>Waikato</strong> Community<br />

Foundation is seeking a new chief<br />

executive following news that founding<br />

boss Cheryl Reynolds is stepping down<br />

after four years in the role.<br />

The organisation is seeking<br />

a new leader to take<br />

over the reins from Ms<br />

Reynolds, who will be leaving<br />

at the end of the year to establish<br />

a new philanthropic startup<br />

venture in 2018.<br />

“It has been an honour to<br />

serve my community and be<br />

part of such a game-changing<br />

organisation from the outset,”<br />

I am hoping that<br />

my next project<br />

will lead to a new<br />

funding stream for<br />

Momentum <strong>Waikato</strong>,<br />

and other highimpact<br />

charities<br />

says Ms Reynolds. “When I<br />

arrived at Momentum <strong>Waikato</strong><br />

four years ago I was given<br />

a mandate to build an organisation<br />

that can achieve intergenerational,<br />

transformative<br />

change. Working with my<br />

trustees we have set out to<br />

achieve a better <strong>Waikato</strong> for<br />

everyone, forever.”<br />

Starting with that mandate,<br />

Ms Reynolds met with<br />

the founding donors and Momentum<br />

<strong>Waikato</strong> Community<br />

Foundation trustees to understand<br />

their vision for the region.<br />

“I asked ‘how can we as<br />

a community, with the limited<br />

resources we have, make the<br />

greatest impact, and what does<br />

success look like,” she says.<br />

“My job has been to lay<br />

the foundations for an organisation<br />

that will grow significantly<br />

over time and serve our<br />

donors and community in perpetuity.<br />

I’ve always thought<br />

New boss for SODA<br />

Erin Wansbrough has<br />

been appointed chief<br />

executive of business<br />

founder incubator SODA Inc<br />

and will join the organisation<br />

in <strong>October</strong>. Erin has a passion<br />

for entrepreneurship and<br />

brings a depth of business<br />

experience and knowledge of<br />

commercialisation.<br />

Most recently Erin was<br />

vice-president, business development<br />

at Adherium, a<br />

New Zealand digital health<br />

business addressing the problem<br />

of adherence to prescription<br />

medicine through the<br />

commercialisation of digital<br />

health technologies.<br />

SODA Inc chairman Graham<br />

Gaylard, who announced<br />

the chief executive appointment<br />

to clients and staff this<br />

week, says he’s delighted to<br />

have Erin on board.<br />

“Erin has great depth and<br />

knowledge about business innovation<br />

and commercialisation.<br />

SODA Inc has been going<br />

from strength to strength<br />

over the past year and we<br />

believe Erin’s connections,<br />

experience and drive will help<br />

take SODA Inc to the next level,”<br />

says Graham.<br />

Erin’s experience in business<br />

innovation includes having<br />

previously worked for<br />

Callaghan Innovation and<br />

the Ministry of <strong>Business</strong>, Innovation<br />

and Employment<br />

(MBIE). There, she had the<br />

opportunity to complete<br />

both the Entrepreneurship<br />

Development Program and<br />

the Regional Entrepreneurship<br />

Acceleration Program<br />

at Massachusetts Institute of<br />

Technology – Sloan School<br />

of Management. She has also<br />

held senior management roles<br />

within Auckland UniServices,<br />

IMBcom, Genesis R&D Corporation,<br />

GlaxoSmithKline,<br />

AstraZeneca and Life Technologies.<br />

She also holds a<br />

Masters of Science and a Post<br />

New SODA Inc chief executive Erin Wansbrough.<br />

Graduate Diploma in <strong>Business</strong><br />

Administration.<br />

Erin says she is looking<br />

forward to continuing on the<br />

strong relationships SODA<br />

Inc has with its clients, business<br />

growth advisors and partners.<br />

"My passion is in assisting<br />

entrepreneurs to build<br />

successful companies and to<br />

provide them with opportunities<br />

in industry, network development,<br />

education and investment.<br />

The team at SODA<br />

Inc has been instrumental in<br />

growing and strengthening<br />

businesses throughout New<br />

Zealand and it will be a privilege<br />

to be able to lead an organisation<br />

that understands<br />

the growing pains, grit and<br />

perspiration required in the<br />

pursuit of business success.”<br />

SODA Inc works with<br />

founders from all industry<br />

sectors because it believes<br />

good ideas and opportunities<br />

can be found anywhere. It<br />

matches expert advisors with<br />

founders to support them in<br />

building and growing a business<br />

around their goals.<br />

With headquarters in Wintec<br />

House in Hamilton, SODA<br />

Inc operates part-time, remote<br />

and customised incubation<br />

programmes for clients located<br />

throughout New Zealand,<br />

giving founders the flexibility<br />

to work within their local<br />

start-up ecosystem.<br />

about the future people working<br />

at Momentum <strong>Waikato</strong><br />

and of the generations of<br />

children to come in 100 years’<br />

time or 300 years’ time. In<br />

building the foundation we’ve<br />

had a long-term vision for an<br />

organisation that will serve –<br />

and have impact – for a very<br />

long time,” says Ms Reynolds.<br />

Over the past 25 years,<br />

Ms Reynolds has been chief<br />

executive at six public organisations<br />

and she was the<br />

founding CEO of SODA Inc<br />

for four years prior to starting<br />

at Momentum <strong>Waikato</strong>. As an<br />

entrepreneur and innovator,<br />

Momentum <strong>Waikato</strong> was the<br />

eleventh startup Ms Reynolds<br />

has built.<br />

She cites the Vital Impact<br />

Programme – an innovative<br />

change-making system – as<br />

something she is particularly<br />

proud of. “It delivers on both<br />

our founding donor’s and our<br />

community’s wishes for transformational<br />

intergenerational<br />

change, and that is something<br />

I find very rewarding,” says<br />

Ms Reynolds.<br />

The new <strong>Waikato</strong> Regional<br />

Theatre is also a major highlight,<br />

says Ms Reynolds. In<br />

August a feasibility report recommended<br />

the development<br />

of a 1100-seat theatre, shared<br />

public spaces and a public art<br />

gallery, to be located at the<br />

old Hamilton Hotel site on<br />

Victoria Street. The proposed<br />

theatre will replace Founders<br />

Theatre – which closed for<br />

safety reasons in March 2016<br />

– and is currently before Hamilton<br />

City Council and others<br />

for funding approval. “It’s<br />

going to be a thriving creative<br />

precinct for the people of<br />

Hamilton and the <strong>Waikato</strong> and<br />

will reshape the CBD,” says<br />

Ms Reynolds.<br />

She has thanked the Momentum<br />

<strong>Waikato</strong> team who<br />

“are incredible, dedicated<br />

and do an amazing job”<br />

and the donors “who are the<br />

change-makers – their generosity<br />

is making a real difference<br />

for our community”.<br />

Her next project will see<br />

Ms Reynolds working from<br />

Raglan on her 12th startup,<br />

which she hopes will become<br />

“a global digital platform for<br />

generosity”. However her<br />

support of Momentum <strong>Waikato</strong><br />

will be ongoing as a donor<br />

to the organisation. “I am hoping<br />

that my next project will<br />

lead to a new funding stream<br />

for Momentum <strong>Waikato</strong>, and<br />

other high-impact charities,”<br />

she says.<br />

Leonard Gardner, chairman<br />

of the Momentum <strong>Waikato</strong><br />

Community Foundation,<br />

says Ms Reynolds has been<br />

a knowledgeable, inspiring<br />

30430<br />

Outgoing Momentum <strong>Waikato</strong> chief<br />

executive Cheryl Reynolds.<br />

www.braemarhospital.co.nz<br />

24 Ohaupo Road, Hamilton<br />

Phone: 07 843 1899<br />

All health insurers accepted<br />

Because Braemar is owned by a charitable trust, we reinvest<br />

any surplus back into the hospital to stay at the forefront of<br />

surgical innovation.<br />

Excellence means Braemar<br />

and generous leader – and has<br />

contributed greatly to both the<br />

Foundation and the region.<br />

“With her experience and vision<br />

she has led Momentum<br />

<strong>Waikato</strong> through its first four<br />

years and we’ve been incredibly<br />

lucky to have her passion<br />

and guiding hand leading the<br />

team. We are lucky that she<br />

remains committed to the<br />

<strong>Waikato</strong> region and to supporting<br />

Momentum <strong>Waikato</strong><br />

through her new venture,” Mr<br />

Gardner says.<br />

With Ms Reynolds’ departure<br />

at the end of <strong>2017</strong> Momentum<br />

<strong>Waikato</strong> is now calling<br />

for expressions of interest<br />

in the CEO role.<br />

Mr Gardner is looking forward<br />

to the search for a new<br />

chief executive, and for the<br />

passion and vision they too<br />

will bring to the role. “It’s an<br />

exciting organisation to be<br />

part of, and an exciting time to<br />

be contributing to the future of<br />

Hamilton City and the <strong>Waikato</strong><br />

region,” he says.<br />

Those who are interested<br />

in finding out more about the<br />

CEO opportunity should look<br />

on Seek.co.nz

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