# Michael Reid

> Michael Reid is the CEO and Executive Director of Megaport, a global Network-as-a-Service platform operating across roughly 1,000 data centers in 26 countries. A Brisbane-born aerospace engineer turned tech sales leader, Reid spent 15 years at Cisco - most recently as CRO of ThousandEyes, where he grew ARR by 2.4x and scaled the team from 150 to nearly 400 people. Since taking Megaport's helm in May 2023, he has led the company to its first-ever profit after tax (FY24), grown Customer Lifetime Value 50% year-on-year to $2.1 billion, and repositioned Megaport as the backbone for AI-era enterprise connectivity.

- **Role:** CEO & Executive Director at Megaport
- **Organizations:** Megaport, Cisco, ThousandEyes
- **From:** Brisbane, Australia
- **Nationality:** Australian
- **Education:** Bachelor of Engineering (Aerospace Engineering), Queensland University of Technology (QUT)
- **Known for:** CEO Magazine Sales Executive of the Year 2019, Led Megaport to first-ever profit after tax in company history (FY24), Grew Megaport Customer Lifetime Value 50% year-on-year to $2.1 billion in FY25

## Career timeline

- **Early 2000s** — Completed Aerospace Engineering degree at QUT, Brisbane; found no aerospace job prospects in Australia post-9/11
- **2003-2008** — Entered B2B enterprise tech sales at a Brisbane company focused on PBX and IP telephony; earned Cisco certifications (CCNA, CCDA)
- **2008** — Joined Cisco during the global financial crisis; managed banking and finance customer segments in Sydney
- **2008-2018** — Held multiple Cisco leadership roles: managed Northern Australia region (Queensland, NT, Papua New Guinea), led financial services sales for Australia's largest banks
- **2018-2023** — Relocated to San Jose/Los Gatos, California; spearheaded six corporate acquisitions as Cisco's Worldwide Head of Sales
- **2021-2023** — Chief Revenue Officer at ThousandEyes (Cisco): scaled team from 150 to ~400 (hiring ~300 people in one year during pandemic), grew ARR 2.4x, built world's largest cloud/SaaS/internet visibility platform
- **2023-05-15** — Became CEO & Executive Director of Megaport (ASX: MP1), succeeding Vincent English
- **2024** — Led Megaport to first-ever profit after tax (FY24); shifted from net cash outflow of $34.5M to net cash inflow of $28M; reached $200M ARR milestone
- **2025** — Grew Megaport Customer Lifetime Value 50% year-on-year to $2.1 billion; added ~$100M to balance sheet without raising capital
- **2026-05** — Keynote panelist at International Telecoms Week 2026 on 'The New Landscape of Digital Infrastructure Development'

## Achievements

- CEO Magazine Sales Executive of the Year 2019
- Led Megaport to first-ever profit after tax in company history (FY24)
- Grew Megaport Customer Lifetime Value 50% year-on-year to $2.1 billion in FY25
- Shifted Megaport from net cash outflow of $34.5M (FY23) to inflow of $28M (FY24)
- Added approximately $100M to Megaport balance sheet without raising capital
- Scaled ThousandEyes ARR by 2.4x as CRO; built world's largest cloud/SaaS/internet visibility platform
- Grew ThousandEyes team from 150 to nearly 400 employees, expanding to multiple new countries
- Successfully integrated six companies into Cisco as Worldwide Head of Sales
- Megaport now enables private connections up to 100 Gbps in approximately 60 seconds across ~1,000 data centers

## Latest updates

- **2026-05** — Keynote panelist at International Telecoms Week 2026 on 'The New Landscape of Digital Infrastructure Development'
- **2025-12** — Megaport grew Customer Lifetime Value 50% year-on-year to $2.1 billion in FY25
- **2025-06** — Megaport FY25 revenue guidance set at $214M-$222M with EBITDA of $57M-$65M
- **2024-08** — Led Megaport to first-ever profit after tax in company history in FY24; $200M ARR milestone reached
- **2023-05** — Became CEO & Executive Director of Megaport, succeeding Vincent English

## Links

- Website: https://megaport.com
- LinkedIn: https://www.linkedin.com/in/micreid
- Twitter/X: https://x.com/mic_reid
- Facebook: https://facebook.com/megaportnetworks

---

Profile page: https://yespress.io/michael-reid
Published by YesPress — https://yespress.io
Last updated: 2026-05-16