Tim Reed | CEO MYOB
MYOB is a leading provider of online business management solutions, making life easier for 1.2 million businesses across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more. MYOB operates across four strategic segments – Small to Medium sized businesses (SMEs), Practices (accountants, advisers and bookkeepers), Enterprise (larger businesses) and Payments. It provides ongoing support via many client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. MYOB is committed to ongoing innovation and delivering efficiencies and growth opportunities for its growing client base across Australia and New Zealand.
Tim’s career has spanning the markets of Asia, Europe, the US and Australia.
Tim has been CEO of MYOB for 11 years. During this time he has overseen the privatisation and then subsequent, successful sale of MYOB, before relisting on the ASX in May 2015. Operationally he has driven the transformation of MYOB to be a provider of cloud based solutions, increased the company’s Net Promoter Scores and revitalised the company’s team engagement results. During his tenure the enterprise value of MYOB has increased over 500%.
Prior to becoming CEO, Tim spent 5 years with MYOB in a variety of management roles including Managing Director of MYOB Australia and Group Product Executive. In these roles Tim oversaw the growth in the Australian business and the expansion into the Enterprise and Websites Divisions.
Before his career with MYOB, Tim lived and worked in Silicon Valley where he held senior management roles in sales, marketing and product management in a number of different companies software and internet businesses.
Today Tim is a member of the Board of Directors of the Business Council of Australia, where he also leads the Skills, Education and Future of Work taskforce. Tim is also a committed Male Champion of Change and is a frequent public speaker and advocate for small businesses.
Tim received his MBA from Harvard University where he graduated as a Baker’s Scholar; he also holds a BCom degree from the University of Melbourne where he graduated with First Class Honours.
Today, Tim lives with his wife and three children in Sydney, Australia.