Chief Financial Officer
CurrentCFO, Head of Strategy, IT, Business Services & Procurement. BOOM is an ASX listed pubic company (BOL). BOOM is a leading full service lifting solutions business delivering large scale innovation across the Resources, Renewables, Infrastructure and Industrial markets. Dimensions: Revenue $250M. Employees 750Key Challenges• Led the updated Strategic direction of the Company resulting in 4 growth areas: ESG & People expertise; Sector-focused profitable growth; Asset regeneration & Labor proficiency; building Shareholder Value. • Successfully engaged with Board members, built strong relationships & gained their confidence, leverage their expertise, simplified & lifted transparency and created an Open culture.• Following years of under-investment, I introduced an IT Strategy that has led to the digital transformation across the group, from O365 to new ERP systems. Key Achievements > Given the Co’s recent performance history, I challenged each Business Unit & individual Depot’s performance, looking at long term strategic fit and / or opportunities for underlying improvement. This required difficult discussions and swift decisions to be implemented. The First half of FY24 has delivered a marked turnaround in most P&L, Working Capital and Cash KPI’s. > I successfully led the refinancing of the Co. with a Top Tier Bank (NAB) delivering $145M in new financing facilities, overcoming market perceptions about the Co. and saving $2M in Interest.> Working with the CEO I successfully engaged with Shareholders to achieve buy in for the Co’s strategic directions and growth opportunities. This included the introduction of the Share Buy-Back scheme.