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Tourism Holdings forecasts $27m-$34m profit amid US market challenges

Tourism Holdings forecasts $27m-$34m profit amid US market challenges

NZ Heralda day ago
Tourism Holdings expects its underlying net profit for the 2025 financial year to be at the lower end of analyst expectations as earnings pressure and the US market impact results.
The NZX-listed campervan rental and sales company told the market it expects its underlying net profit for the year to
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Nick Ognenovski named Chief Revenue Officer at Bridgit to drive growth
Nick Ognenovski named Chief Revenue Officer at Bridgit to drive growth

Techday NZ

timea day ago

  • Techday NZ

Nick Ognenovski named Chief Revenue Officer at Bridgit to drive growth

Bridgit has appointed Nick Ognenovski as Chief Revenue Officer, a newly created position responsible for the company's revenue strategy and growth initiatives. Expanded executive team Ognenovski's appointment is effective immediately and sees him tasked with leading Bridgit's end-to-end revenue strategy. His remit includes executing go-to-market plans, enhancing performance across third-party distribution and direct-to-consumer channels, and overseeing the sales organisation. This new role aims to accelerate growth and scaling within Bridgit as it seeks to solidify its position within Australia's non-bank lending sector. Background and experience Before joining Bridgit, Ognenovski was Chief Operating and Revenue Officer at Cashrewards, where he led all revenue-generating functions and implemented data-driven strategies focused on acquisition, retention, and growth. Cashrewards is an ASX-listed business that was acquired by ANZ Bank during Ognenovski's tenure. Ognenovski brings nearly two decades of experience in sales and operations to Bridgit. His previous roles include Country Manager at Groupon for both Australia and the United Arab Emirates, as well as positions at Samsung and Cisco. Across these roles, he gained experience in building and leading high-performing teams operating in competitive and fast-paced markets. Leadership comments We're thrilled to welcome Nick to the team. His experience building multi-channel revenue streams and driving growth will be invaluable. With a people-first leadership style and sharp commercial focus, Nick will play a key role in expanding our reach and delivering exceptional solutions and experiences to our partners. Particularly through our broker network, empowering them to help clients unlock their home equity and move forward. Bridgit Chief Executive Officer, Aaron Bassin, said Ognenovski's expertise would support the lender's expansion, particularly through partnerships with brokers and other third parties. Ognenovski expressed his enthusiasm for the new role and the direction of the company, stating: It's an exciting time to be joining Bridgit. The business has quickly built a strong reputation for speed, simplicity, and innovation in what is traditionally a complex category, and has made impressive progress in the third-party channel. I'm looking forward to building on that momentum, helping brokers and customers unlock even more value, and driving the next phase of growth. Strategic direction Ognenovski joins Bridgit's executive team following the earlier appointment of Stephen Doyle as Chief Commercial Officer. Doyle continues to lead Bridgit's overall commercial strategy, with a focus on strategic partnerships, expanding relationships with aggregators and brokers, and initiatives to develop Bridgit's third-party network nationally. The company, founded in 2021, is focusing on expanding its operations and reach in the Australian property lending sector, providing solutions designed to enable homeowners to access equity in their existing properties. Bridgit was co-founded by Aaron Bassin and Nick Jacobs, who identified challenges in the traditional finance market for property loans and sought to address them with an online application and rapid approval process. Follow us on: Share on:

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