Seeing Machines appoints new CFO as Rule steps down

Driver Monitoring Technology Company machines to see announced on Friday the appointment of Martin Ive as Chief Financial Officer. Effective November 14.

The AIM-listed company said Ive is joining its management team from Australian software company Altium, where he started in 2004.

During his time at Altium, he held a number of positions in Australia and the United States, including Senior Vice President Finance and Chief Financial Officer, overseeing the global financial organization and compliance of the company and legal requirements, while providing business support to Altium’s global team. sales teams.

Prior to Altium, I trained as an auditor in the UK before moving to Sydney and taking a senior role in the business services group at Grant Thornton.

He is a Fellow of the Institute of Chartered Accountants of Australia, holds an Honors BA in Accounting from the University of Portsmouth and an MBA from the Macquarie Graduate School of Management.

I would not be appointed to the board of Seeing Machines.

Additionally, the company confirmed that Naomi Rule has announced that she is leaving her role as CFO to pursue other opportunities.

Rule would “work closely” with Ive in the coming month to complete a full transfer.

“On behalf of the entire team and the board, I would like to thank Naomi for her commitment and dedication to Seeing Machines over the past three years,” said Managing Director Paul McGlone.

“She has been invaluable in strengthening our financial reporting and performance and I would personally like to thank Naomi for her support as a member of the management team during this period.

“I am delighted to welcome Martin to the team.”

McGlone described Ive as a “very experienced” finance professional and chartered accountant responsible for leading the development of Altium’s business intelligence capabilities to provide insights and information, guiding operational and strategic decisions.

“I really look forward to working closely with him to drive the next phase of growth for Seeing Machines.”

At 12:13 GMT, Seeing Machines shares were down 2.16% to 6.8p.

Reporting by Josh White for Sharecast.com.

James G. Williams