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