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archTIS welcomes new chief financial officer as it prosecutes growth strategy

Published 08/04/2024, 10:23 am
Updated 08/04/2024, 11:00 am
© Reuters.  archTIS welcomes new chief financial officer as it prosecutes growth strategy

archTIS Ltd, a leader in securing digital information, has appointed Andrew Burns as its new chief financial officer (CFO), starting today – part of the company's efforts to enhance the executive team's expertise and support its growth trajectory.

Burns, with more than 25 years of experience in financial and executive leadership, will head the financial planning, accounting, taxation, audit, compliance, governance and risk management sectors of archTIS.

Strong credentials

In his role, Burns will not only manage the company's financial strategies but also evaluate merger and acquisition prospects to enhance archTIS's market position and product offerings.

His academic credentials include an Executive MBA from the Australian Graduate School of Management and a Bachelor of Commerce and Accounting from the University of Canberra.

In a previous role, Burns was the CFO and second in command to the managing director/CEO at Citadel Group Ltd, where he was instrumental in quadrupling the company's revenue and leading successful mergers and acquisitions.

Burns's tenure at Citadel was marked by collaboration with archTIS chair Dr Miles Jakeman and showcased a proven track record in fostering business growth and operational excellence.

Besides his significant contribution to Citadel, Burns has held prominent financial leadership positions at Open Pay, RAS Technology, General Electric (NYSE:GE), and GE Healthcare.

Seizing market opportunities

His extensive experience is expected to fortify archTIS's executive team, preparing the company to seize both local and international market opportunities.

The board expressed gratitude to Kylie Sheather for her service as CFO over the past three years and wished her success in her future endeavours.

archTIS CEO and managing director Daniel Lai said: “We are pleased to welcome Andrew Burns to the archTIS executive leadership team.

“As the company works toward becoming cash flow positive and aggressively growing the business, Andrew’s proven ability to help transform business profitability at ASX-listed technology companies will be instrumental to achieving this goal.

“His previous success and experience will provide strong guidance in the next stage of archTIS growth.”

Read more on Proactive Investors AU

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