Mark Petrie leaving his day-to-day role at 2degrees

2degrees Chief Fixed Officer Mark Petrie, the owner of broadband provider Snap, which 2degrees acquired in 2015, will leave the company later this year.

Mark says that while he’s stepping out of the day-to-day he will be an ongoing shareholder with a strong interest in seeing 2degrees further succeed.

“I really could not have chosen a better partner for Snap - which has made working in 2degrees for the past couple of years a lot of fun. Now that the biggest part of the integration between the two companies is complete, I can step away from the operational side of the business, while maintaining an interest through my shareholding.”

“I’m keen to do some different things and feel assured 2degrees has a strong market position, with plenty of capable people in the business that can carry things on without me.”

2degrees CEO Stewart Sherriff says Mark brought more than just Snap to 2degrees, staying on to make sure the integration went smoothly and ensure both organisations could combine to become the country’s fastest growing telco.

“Mark put personal effort into making sure 2degrees could deliver on the promise of being a full-service telco for all market segments. He’s been at the forefront of continued growth in broadband and new business with major organisations.”

Stewart says Mark will be with 2degrees until late September.