New Award For VroomVroomVroom CEO Mike Boyd
At VroomVroomVroom, we are super-proud of our Managing Director and Group CEO, Mike Boyd, who was recently the recipient of a University of Queensland (UQ) Alumni Award.
Every year, UQ presents awards to recognise significant contributions made by the university’s alumni in their local communities and beyond, in an evening of ceremony called ‘Courting the Greats’. This year, on the 21st of October, VroomVroomVroom CEO Mike Boyd took his place amongst other winners, receiving the Distinguished Young Alumni Award. This award is given in recognition of alumni 35 years or younger whose early accomplishments inspire and provide leadership to UQ’s students and alumni.
Boyd said he was shocked but absolutely delighted to receive the award. “Being a Brisbane boy, I knew choosing UQ was a great choice. What I didn’t fully appreciate was how much of a great choice it was on the international stage,” he said.
Boyd has founded or co-founded seven businesses before the age of 25 and hasn’t slowed down at all since then. He is considered to be a tenacious businessman with an outstanding work ethic and leadership ability. He is credited with transforming VroomVroomVroom into a multi-million dollar business. (That’s us!)
“From a very young age, I’ve been extremely focused on where I wanted to go,” Boyd said. “When I was at school, I had a couple of experiences where I unfortunately lost a couple of mates to the world – far too young. It really instilled a value in me that you never know how long you’ve got. Life really is too short.”
“I’ve worked extremely hard to put myself in a position where I have the freedom to decide how I want to spend my time. And what I’m doing right now is exactly how I want to be spending it,” Boyd added.
VroomVroomVroom’s headquarters is based in Brisbane, and Mike is currently living between Hong Kong and Manila (Philippines), working to expand the company into new international markets. Boyd was hired as CEO of the international car rental comparison business in 2012, when the company had just 18 staff.
Today, with over 50 staff and a global market, VroomVroomVroom generates over $70 million in Total Transaction Value (TTV) annually and the value of the business has increased four-fold. “I must admit although I’m pretty exhausted most of the time I absolutely love what I do and the team we have at Vroom are all world-class, so I do bound out of bed every day to take on the challenge with them,” Boyd proudly said.