As announced yesterday Peter Dengate Thrush, former Chairman of the Board of Directors of ICANN has been appointed Executive Chairman of Top Level Domain Holdings, the parent company of Minds+Machines. Thrush lead the ICANN board when it approved the new gTLD program during its board meeting in June 2011. His term ended in June 2011.
Antony Van Couvering, CEO of TLDH, said:
“Peter will be an outstanding asset to TLDH. Peter and I have worked together as ICANN participants since its inception, and I am very pleased to welcome him as our Executive Chairman. Peter championed successfully the approval of the new gTLD programme at the highest levels and with Peter on board I have every confidence we will achieve the same success at TLDH. I can’t think of a better addition to our team – Peter is a superstar in our field, and we are delighted to have him at the helm.”
Mr Dengate Thrush has been actively involved in international policy development and governance of the Internet since 1995 and is a regular media commentator on Internet issues. Peter is a past Chairman of InternetNZ and past Chairman of the Asia Pacific Top Level Domain Association. A barrister and registered patent attorney specialising in intellectual property matters, Peter is Vice Chairman of the New Zealand Electricity Rulings Panel and a member of the New Zealand Copyright Tribunal.
Following these Board changes the composition of the Board of the Company is as follows:
- Peter Dengate Thrush, Executive Chairman
- Antony Van Couvering, Chief Executive Officer
- Fred Krueger, Chief Strategy Officer and Deputy Chairman
- Guy Elliott, Chief Investment Officer
- David de Jongh Weill, Chief Financial Officer
- Clark Landry, Non-executive Director
- Michael Mendelson, Non-executive Director
(c) 2011 DomainNameNews.com (5)
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Top Level Domain Holdings, parent company of Minds+Machines and trademark holder for a number of potential new TLDs has proposed a new placing allowing them to raise an additional £3m. In their corresponding filing, Antony van Couvering is quoted as saying:
“H
aving reviewed ICANN’s Final Proposed Applicant Guidebook, and in view of the ICANN Board’s historic decision to do away with cross-ownership restrictions between registries and registrars, we believe that the timing is right for additional investment by TLDH. ICANN’s registry-registrar decision means that additional gTLD business models are now viable, and we have already seen a marked increase in interest from prospective new clients. We intend to make sure we have the resources to take advantage of this opportunity.”
The company has been pretty much in a holding pattern waiting for ICANN to finalize their plans for new TLD releases. TLDH had posted a loss for their previous year.
[via StockMarketWire]
(c) 2010 DomainNameNews.com (1)
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The parent company of Minds + Machines, Top Level Domain Holdings [AIM: TLDH] reported their revenue for the period to the end of April with £32,000 ($49,000), with a loss of £462,000 ($708,000). The company is pretty much in a holding pattern until the release of the new gTLDs by ICANN and is expecting finalization of ICANN’s new gTLD Applicant Guidebook by November and is hoping for the opening of the first round at the ICANN Meeting in December. The company still has almost £4m in cash and equivalents and appears to have been bootstrapping operations. One of the former key-employees, Jothan Frakes, is not with the company any more. Potential threats to the company could be further delays of the release of new gTLDs through litigation.
[via DomainIncite]
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Top Level Domain Holdings, Ltd., has announced that it has raised $4.1 million in a private placement.
TLDH is currently invested in Minds + Machines, dotNYC, and DotEco and is expected to provide further funding to these initiatives in addition to supporting new TLDs and building up a reserve fund for eventual ICANN auctions in case of contending applications.
[via Minds + Machines]
(c) 2009 DomainNameNews.com
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