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Intrepid Expands Board, Gears Up For Future Growth

March 8, 2019 Tour Operator No Comments Email Email

The world’s largest adventure travel company, Intrepid Group, announced today the appointment of Sarah Morgan and Liz Savage as Non-Executive Directors.

Intrepid Group is celebrating three consecutive years of record growth, with 17% growth in revenue in 2018 and an EBIT result of almost $15M.

Now, the Board is tasked with gearing the company for its next phase of growth with the appointment of two Non-Executive Directors.

It is the first time that Intrepid has expanded its Board since returning to independent ownership in 2015.

Intrepid Group CEO James Thornton says that having two ‘extremely high calibre individuals’ join the Board is a huge endorsement for the business, its broader expansion plans, and its purpose.

With expertise in corporate finance and customer-centred leadership, Morgan and Savage both have experience in high growth businesses. They join Intrepid Group CEO James Thornton and the company’s co-founders Darrell Wade and Geoff Manchester on the board. Wade continues as Executive Chairman.

The largest certified B Corp in Australia, Intrepid Group continues to take measurable action to improve gender equality in its workforce and the new appointments see Intrepid Group achieve 40% female directors on its Board.

Sarah Morgan

“As we grow, we need to continue to bring diversity of opinion and new expertise to the table,” says Thornton.

“Not only because it provide fresh perspective on any challenges we will face, but because it provides the platform for the innovative thinking we believe will continue to drive our growth with purpose.”

Introducing Intrepid Group’s new Non-Executive Directors:

Liz Savage

  • Sarah Morgan is an experienced non-executive director, corporate advisor and professional investor. She has worked on some of Australia and the world’s most significant transactions, across a broad range of industries. She serves on a number of boards including Hansen Technologies, Adslot, Future Generation Global Investment Company, and the National Gallery of Victoria Foundation.

  • Liz Savage is the former Business Development Director of EasyJet and Chief Commercial Officer of Virgin Australia. Now a full-time Company Director, Liz applies customer-centred leadership to her portfolio of ASX-listed, private, local government and not-for-profit director roles, spanning the competitive tourism, travel, hospitality, workforce and sports sectors.

For further information on Intrepid Group, including the company’s 2017 Integrated Annual Report, visit www.intrepidgroup.travel . The 2018 Integrated Annual Report will be released in April 2019.

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