March 2025

Welcome to another jam packed edition of the CFO Collective! Let's dive right in.

[axr] CFO Incubator: We host the CFO Incubator (CFOi) Series twice a year—and the first installment kicks off next month! Each series features three breakfast sessions where we interview high-profile CFOs from diverse backgrounds, including ASX-listed companies, Private Equity, and For-Purpose organisations. These sessions provide future CFOs with real-world insights into the role, valuable career guidance, and strategic planning advice. After a decade at O Bar & Dining, we’re excited to move to a brand-new location at the Hyatt Regency. You can register your interest here.

Market Update: March has been a strong month for us at [axr]. The volume of roles is increasing, driven by company restructures that highlight skill gaps and create new niche positions. However, macroeconomic conditions remain a concern, with the ‘Trump effect’ making an impact globally. Now is the time to strengthen your position and seize the opportunities that come your way! 

CFO movements: We've observed a steady volume of CFO transitions in the ANZ market. Below are some notable changes—we hope you enjoy the read! 

Should you need help with your career or with recruiting for your team, our door is always open. We look forward to hearing from you. 

Kind Regards, 

Kunal & Dave

• Myer Group continues its sweeping changes, appointing Kathy Karabatsas (former CFO of David Jones) as its new CFO, replacing Matt Jackman. This move aligns with Myer’s strategy to rejuvenate key brands in its portfolio.
• Westpac has announced the appointment of Nathan Goonan as CFO, pending regulatory approval. Nathan joins from NAB, where he has been since 2013. Current CFO Michael Rowland will remain in his role until Nathan assumes the position later this year.
• Omni Bridgeway, a leading provider of dispute and litigation finance, has appointed David Breeney as its new Global CFO, effective March 1. Formerly with Challenger, David brings extensive asset management experience. His appointment reflects his strong performance at the company, having progressed from Global Head of Financial Control and Deputy CFO.
• Eureka Group, specialists in senior community living, has named Michael Copeland as acting CFO, effective March 22, while a search is conducted for a permanent replacement. Michael, previously the Group Financial Controller, steps in following the January announcement of Laura Fanning’s resignation.
• NRW Holdings, a leading provider of diversified contract services in the resources and infrastructure sectors, has appointed Peter Bryant as CFO. Peter previously served as CFO for Perth Airport Corporation and global mining services group Perenti.

• Engineering group Worley has announced the retirement of CFO Tiernan O’Rourke. Justine Travers, currently Deputy CFO, will step into the role on July 1. Tiernan will remain with Worley until September 26 to support the transition. We wish him all the best as he moves into private-sector advisory and consulting.
• ReadyTech Holdings Limited has announced that CFO Nimesh Shah will be stepping down later this year. A global search for his successor is underway, and Nimesh will stay on to assist with the transition.
• Articore, known for its online marketplaces Redbubble.com and TeePublic.com, has announced the resignation of CFO Rob Doyle, who is departing to explore his artistic talents elsewhere. He will remain in his role until the end of the financial year to ensure a smooth transition.

• Keyview Financial Group has appointed Richard Preedy as CFO. He succeeds Mohit Kabra, who now holds the CFO role at NAOS Asset Management.
• Global giant Accenture has promoted Jane Keywood to CFO of its joint venture with Telstra. 

• Dentsu appointed Stephan Matthiesen as CFO for APAC earlier this year.
• Intellifold Process Mining and AI has brought in Susandra de Rooij as CFO to drive financial strategy and sustainable growth.

We have had some amazing guests on the podcast over the last year. Here are two of our most popular ones, they make for great listening! 

Andrew Walker | CFO, Sunnyfield Disability Services

Andrew Walker, CFO for Sunnyfield Disability Services talks about his transition from commercial organisations to for-purpose, why it’s important to always lead with passion, and the business of creating a legacy.

Listen now

Christina Katsibouba | Former CFO, Star Entertainment Group

Christina talks candidly about her most recent role as CFO for The Star Entertainment Group, working in a high-pressure environment, the concept of ‘imposter syndrome,’ being a successful leader and what comes next.  

Listen now