Megaport Limited announced that its Board of Directors has appointed Michael Reid as the Company's Chief Executive Officer, effective 15 May 2023. Mr. Reid joins Megaport from Cisco, where he currently serves as Chief Revenue Officer for ThousandEyes. Mr. Reid brings over 19 years of industry expertise and experience to Megaport.

Prior to ThousandEyes, Mr. Reid's experience with Cisco includes serving as head of global sales for multiple Cisco acquisitions, leading sales for the northern region of Australia, and leading sales for the country's largest financial services customers. Mr. Reid holds a Degree in Aerospace Engineering from QUT and was CEO Magazine Sales Executive of the Year 2019. Mr. Reid will initially commence his role in San Francisco where he is currently based, but will relocate to Brisbane by July 2023.

Mr. Reid will succeed interim CEO Bevan Slattery, who will continue in his role as Chairman of the Board.