Following a successful launch in 2018 this program is now enrolling for 2019.
If you are serious about being in contention for an ASX or equivalent board role you are encouraged to apply for this high level program for women hungry to take on ASX board roles. We had three syndicates commence in 2018 and graduated one - CLICK HERE to see the women who made it onto and through this program.
What is WOBSX?
WOBSX is a director-led peer-to-peer support program developed in 2018 as a partnership between Women on Boards (WOB) and Dan Liszka at 99Strategies to assist women achieve ASX board roles. The specific aims of the program are for participants to:
- improve understanding of the role and function of an ASX Director;
- better position themselves for roles in the sector;
- and develop stronger networks with the ASX Director community.
The aspirational goal of the program is that more than 25% of participants will have secured listed company ASX directorships within two years of completion. While it’s still a bit too early to track success , benefits described by the participants include:
- Gaining and insight and connections with experienced NED’s outside of my existing networks
- The opportunity to get to know an Amazing cohort of impressive and open women
- Interaction between participants and chair around the case studies
- Encouragement support and friendship from cohort
- Practical pointers on cv’s, recruiters and letters plus the ability to call someone to ask brief questions.
- Getting honest feedback about how you are presenting yourself and learning from more experienced directors in a 'safe' environment
- Opportunity to discuss issues and be inspired by experienced directors
- Learning that ASX boards are not out of reach
- The program is by selection - we want to make sure you are ready to take advantage of the offer.
- Each program intake will have up to 13 participants who will work over an eight month period with an ASX Chair and/or Non Executive Director in a facilitated group mentoring environment.
- There are eight (8) facilitated peer-to-peer group sessions that will run for up to three hours each.
- High level guest speakers share knowledge at most sessions.
- Each cohort has time with WOBSX Ambassador, James Spencely (Australian investor, award-winning entrepreneur, CEO and co-founder of MHOR asset management and Chairman of Airtasker and Silver Heritage Group)
- Each participant will also receive two hours mentoring with the chair during the program.
- The program will incur a fee of $6,950 (ex gst).
Participant Case Studies
Who is involved?
Chairs and Non Executive Directors
Jon Brett is an accomplished non-executive director in the ASX, private and start-up / innovation sectors, private equity fund manager and business investor (including Airtasker and Blued). In September 2018, Jon was appointed Chair at Israel-based tech play, Bright Innovations, which is seeking to list on the ASX, and the privately owned, Indoor Skydive Australia Group Limited. He also sits on the boards of hi-tech company, Mobilicom and Soho Property App.
A former Investec Wentworth Private Equity dealmaker, Jon was Non-Executive-Director of Vocus Group Limited from its inception on the ASX in 2010 as a small listed company with a market cap of $5m to its current status as a Australia’s 4th largest telco with a market cap of $4.8 billion. He was also Chair of the Audit Committee and a member of the Risk and Remuneration Committees.
Jon was formerly a non-executive director at Godfreys Group Limited and The Pas Group Limited and non-executive deputy president of the NRMA.
Melinda Snowden is a non-executive director of ASX listed investment companies WAM Leaders Limited and Sandon Capital Investments Limited. She is also a non executive director of Mercer Investments (Australia) Limited, council member of Newington College and is an advisory board member of retailer Hardtofind.com.au and education and compliance SAAS provider Yarno. Melinda was a board member of Kennards Self Storage Pty Limited for seven years and is also a former non-executive director of MLC Limited, Vita Group Limited and mental health charity SANE Australia.
Melinda was in corporate finance at Grant Samuel, Merrill Lynch and Goldman Sachs in Australia and New York. She worked on numerous strategic advisory and financing assignments and was also a solicitor with the corporate division of Freehills between 1991 and 1994.
Kerry Gleeson is a non-executive director of ASX listed Gold Mining group, St Barbara Ltd, chairs the company’s Remuneration and Nomination Committee and is a member of the Audit and Risk Committee and the Health, Safety, Environment and Community Committee. She is also non-executive director of Trinity College, University of Melbourne, chairs the College’s Business Committee for the Pathways School and is a member of the Finance and Risk Committee. In May 2018, Kerry was appointed as a member of the Director Advisory Panel of the Australian Securities and Investments Commission.
From a career as an award winning corporate lawyer with significant experience as a partner in a UK law firm and as a senior executive with Incitec Pivot Limited, Kerry took her first non-executive director role with ASX listed McAleese Transport (now privately owned and trading as Rivet Group). As the sole independent director, Kerry chaired a strategic committee overseeing the refinancing strategy which led to the Board placing the company into voluntary administration in late 2016, from which it emerged in early 2017.
James Spenceley is an Australian VC investor, award-winning entrepreneur and company director. He is the Chairman of Airtasker, Chairman of Silver Heritage Group, non-executive director of Indoor Sky Dive Australia Group and CEO and co-founder of MHOR asset management. In 2007 James founded Vocus Communications and went on to become the youngest Australian to create and lead an ASX100 company. His achievements at Vocus saw him saw him feature
three times on the BRW young rich list and two-times as a EY Entrepreneur of the Year winner. In 2018 he was inducted into the CommsDay Edison Awards Hall of Fame and recently was announced as the first ambassador for the Women on Boards WOBSX program.
Dan Liszka is a long term WOB friend and supporter, business coach & mentor who leverages his significant advisory expertise and access to knowledge, networks and capital to the project. Dan has a background in equity capital raising with a strong focus on small companies and corporate innovation.
i have some questions
Totally understandable. Now is a good time to ask them. Fortunately we have two great people to speak to:
- Dan Liszka, program convenor, 0413 616 538
- Ruth Medd, Chair of Women on Boards, 0419 407 231
I would like to express interest in this program
CLICK HERE to send the short pro-forma email to indicate you would like to be considered for the next cohort. Please include your CV and any other relevant information. If you are considered ready to apply you will receive an application form from Dan. Please note that you will need to be a paid subscriber (not just a network member) to apply for the program. The easiest way to check your status is to login to the website. Any troubles working this out please call the WOB office on 02 4321 0100.