Software solutions company for the energy, water and airport sectors Gentrack has welcomed James Spence to the business as its new chief financial officer.
Formerly holding executive roles including CFO of EnergyAustralia, CFO of ERM Power and Direct Energy in North America, Mr Spence will spearhead Gentrack’s global finance division.
His expertise in the financial and strategic operations of utilities brings a new level of awareness to the Gentrack business, assisting with the continued implementation of the business’ global transition to SaaS.
Mr Spence said he is joining at a challenging, yet exchiting time for the Gentrack business.
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“While our markets are continuing to evolve following government intervention and changes in the political environment, not to mention COVID-19, we have a real opportunity to accelerate our transformation and return the business to its track record of performance,” Mr Spence said.
“I’m delighted to be a key part of the executive team to help deliver on this commitment to our customers and shareholders.”
Spence also brings his extensive transformation experience to Gentrack, leading ERM Power’s strategy for investor relations, risk management, performance management and control frameworks before the company was acquired by the Shell group in 2019.
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Gentrack executive chairman John Clifford said, “As we continue to re-craft the business around our new SaaS model, James brings extensive skills, experience and a fresh perspective to how we can leverage financial data and insights for ongoing product and market investment.
“The Gentrack Board and I are delighted to have James join the team and look forward to his guidance and leadership across all facets of the business.”
Spence will initially be based in Brisbane, Australia, with regular travel plans to Gentrack’s offices in Auckland, Melbourne and London.