Tauranga man Mark Cairns is being named as the intended chair of the 2degrees board, should its IPO proceed.

'Mark Cairns has outstanding credentials and is widely respected as a CEO and Company Director,” says Brad Horwitz, 2degrees' current chair.

'He brings significant expertise and leadership along with recognised listed company credentials to what will be a compelling new investment opportunity in both New Zealand and Australia.”

'As we prepare for an IPO, we are pleased to have Mark Cairns ready to lead a board of directors,” says Mark Aue, 2degrees CEO.

'This is an exciting time in 2degrees' history and identifying our chair sets the tone for a high calibre board to take us into the future.”

Mark Cairns, the former CEO of the Port of Tauranga, has watched 2degrees' growth over the past 12 years and is delighted to align with a brand that continues to challenge the status quo and bring fairness to all New Zealanders.

'2degrees changed the game when it entered the telco market. After spending more than $1 billion on its network, it is now New Zealand's fastest growing full-service telco, both in mobile and broadband connections,” says Mark.

'With a potential listing of 2degrees on the horizon, they're poised to achieve even more for New Zealand. I'm impressed with the special culture that exists at 2degrees and proud to have the opportunity to be a part of this next era.”

About Mark

Mark is a director of Meridian Energy Limited, Sanford Limited, and Freightways Limited.

He was previously Chief Executive of Port of Tauranga, has extensive experience in logistics, infrastructure, and contracting, and significant exposure to capital markets.

Mark has a First Class Honours Degree in Civil Engineering, a degree in Business Studies and a Master of Management. He is a Fellow of Engineering New Zealand and a Chartered Member of the Institute of Directors.

In 2019, Mark received the prestigious Caldwell Partners Leadership Award from the Institute of Finance Professionals, and the Deloitte/Management Magazine Executive of the Year Award in 2012.