Seven Group Holdings appoints new CFO

Seven Group Holdings appoints new CFO

Seven Group Holdings (SGH) has announced the appointment of Richard Richards as its new chief financial officer.

B&T Magazine
Posted by B&T Magazine

Richards, who will report to Seven’s CEO Don Voelte, replaces Andrew Harrison who resigned and left the company in March, after just 18 months in the role.

Richards (pictured) joins SGH from diverse industrials group, Downer EDi, where he was deputy chief financial officer responsible for group finance across the company for the past three years.

Prior to joining Downer EDi, Richards was CFO for the Family Operations of LFG, the private investment and philanthropic vehicle of the Lowy Family for two years. Prior to LFG, Richards held senior finance roles at Qantas.

Commenting on the hire, Voelte said: “We are looking forward to Richard joining our senior executive team. Richard has strong credentials in strategy development, stakeholder management, corporate governance and financial control. He has key strengths and background in the industrial and mining services sector. We are looking forward to him working with us.”