Sydney digital media and marketing heavyweight Mark Dagleish joins Asia Pacific Digital board

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Mark Dalgleish.jpgMark Dalgleish, the Sydney-based digital media and marketing entrepreneur, will join the Asia Pacific Digital board in July, bringing 25 years’ international experience in building profitable digital media and marketing businesses to APD.

Dalgleish has made a significant investment in APD through his participation in this month’s capital raising, announced to the Australian Stock Exchange (ASX: DIG) on 16 March.

Dalgleish has had a distinguished career in digital media and marketing in Australia and the UK, including building and selling two leading digital marketing businesses to publicly listed companies – Creation, which he started in the UK in 1990 and sold to Interpublic Group in 2000, and C4 Communication which was acquired by Photon Group (now Enero Group) in 2007.

Since selling C4, Dalgleish has invested in or managed several digital businesses including events and ticketing company Eventfinda, and The Music Network, which provides news, charts and data to the Australian music business.

APD chairman Roger Sharp said Dalgleish brings valuable international digital media and marketing experience to round out the board’s client-side experience.

Says Sharp: “Mark is one of the most successful digital media and marketing entrepreneurs in Australia and we are looking forward to working with him as we grow APD in the region.” 

Says Dalgleish: “APD is absolutely in the right place at the right time to capitalise on the exponential growth we’re seeing in ecommerce and online marketing across Asia. I’m very excited to be coming along for the ride.”

This week APD completed a $2 million placement to professional investors at 42.5 cents and announced an underwritten rights issue to raise an additional $1.8m. The proceeds will go towards the acquisition of @ccomplice in Singapore, as well as other expansion opportunities in Asia.

Says Sharp: “We are quickly building our capabilities in Asia and now have more than half of our employees located in Shanghai, Hong Kong, Manila, Kuala Lumpur and Singapore. We now generate 30% of our revenues from outside Australia, and in the first half of this financial year our Asian revenues grew by more than 60% over the prior period. The recent @ccomplice acquisition in Singapore is a significant contributor to our objective of building a strong pan-Asian digital services presence.”

The ASX announcement can be found here.