EROADs Chief Executive Officer to step down in June 2026

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Stock Eroad Ltd (ERD.ASX)
Release Time 12 Feb 2026, 7:30 a.m.
Price Sensitive Yes
 EROAD's Chief Executive Officer to step down in June 2026
Key Points
  • CEO Mark Heine to resign after 11 years at EROAD
  • EROAD has grown from $17m to $200m in revenue under Heine's leadership
  • The company is well positioned for its next phase, with a talented leadership team in place
Full Summary

EROAD Limited (ASX/NZX: ERD), a technology services company, has announced that its Chief Executive Officer, Mark Heine, has informed the Board of his decision to resign and will step down from the role in June 2026 as part of a transition process. Heine has been with EROAD for almost 11 years and has seen the company grow from a small New Zealand start-up with revenue of $17m to almost $200m in revenue today across Australia, New Zealand, and North America. Heine stated that he believes the company is well positioned for its next phase, particularly with momentum building for eRUC in New Zealand, continued strong growth in Australia, and a talented leadership team in place. Executive Chair John Scott thanked Heine for his long-standing commitment and dedication to EROAD over many years and wished him and his family all the best. The Board will commence a recruitment process to appoint a new Chief Executive Officer and will update the market as appropriate.