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InternetNZ wants to fire two of its three (!) CEOs

Kevin Murphy, June 12, 2017, 17:11:10 (UTC), Domain Registries

InternetNZ, the .nz ccTLD operator, is proposing a radical simplification of the organization in order to stay relevant in the age of new gTLDs.

A proposal put forward late last week would see the non-profit organization fold its two subsidiaries back into the parent and consolidate management under a single CEO.

Currently, InternetNZ owns Domain Name Commission Limited (DNCL), the .nz policy oversight body, and NZRS Limited, which actually runs the registry. Each of the three entities has its own CEO.

The new proposal describes the situation like this:

Our governance and management structures are cumbersome and a lack of single point of accountability makes it difficult to progress work across the group. The size of governance groups and management resource is out of proportion to the size of the organisation and the size of the issues it is dealing with. There are 20 governors, three chief executives and around 10 senior executives for the 35 FTE [Full Time Employees] across the three organisations.

The New Zealand organization needs to streamline, according to the working group that came up with the paper, in order to more effectively compete with the influx of new TLDs, which has seen ccTLDs see slowing growth.

.nz is one of the few ccTLDs that has a direct new gTLD competitor — .kiwi.

It also wants to diversify its revenue streams outside of domain registration fees, according to the paper, with a target of NZD 1 million ($720,000) from alternate sources by 2020.

As a member-based organization, InternetNZ has put the proposal out for public comment until June 30. It will make a decision in August.

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Comments (1)

  1. NZLIC says:

    They claim to have too many governors but yet for some strange reason they are not proposing to reduce the 12 they have on their board.

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