INDEPENDENT NEWS

App Developer appoints CFO

Published: Thu 17 Jul 2014 04:30 PM
App Developer appoints CFO
New Zealand's largest mobile app developer, MEA Mobile, is pleased to announce it has appointed Billy Aucamp as its first Chief Financial Officer.
MEA Mobile Director, Rodney Macfarlane, says Mr Aucamp's experience and skill set fits his company's planned trajectory.
"Our growth strategy is to put together a global creative project laboratory so that all our offices combine their strengths to deliver tailored creative solutions for whatever projects our clients come up with," said Mr Macfarlane.
"That growth strategy needs a financial leader with Billy's track record of providing a sound financial strategy for high growth companies."
Macfarlane says Aucamp's experience is second to none in New Zealand. He successfully led the sales process of Fusion Electronics Group to Garmin that was completed on 30th June 2014. Billy continues to work closely with Sir Peter Maire on the post sale completion and will continue supporting him as he transitions to his role with MEA Mobile.
Mr Aucamp was formerly Finance Director of Navman, the New Zealand navigation app and software company, which he joined when it had a turnover of $20m. Six years later Navman turnover had rocketed to over $400 million with more than 1000 employees worldwide and was sold to US company Brunswick for $104 million.
Mr Macfarlane said that Mr Aucamp's experience in high growth companies was what MEA Mobile was looking for.
"We've expanded considerably over the past year and we intend to maintain and possibly increase that rate of growth," he said.
The company, which has its head office in Hamilton with offices in Auckland, Wellington, Sydney and New Haven in the USA, has a large portfolio of mobile apps that it has developed both for clients and on its own account.
In addition to its mobile products MEA Mobile has acquired two creative agencies over the past year – Verdict in Hamilton and Vertigo in Wellington.
"We have exciting growth opportunities across a diversified portfolio, " Mr Macfarlane said. "We'll be looking carefully at the company's future funding requirements to capture these opportunities and the options include seeking to list on the NZX."
ends

Next in Business, Science, and Tech

Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
By: John Mazenier
Ivan Skinner Award Winner Inspired By Real-life Earthquake Experience
By: Earthquake Commission
Consultation Opens On A Digital Currency For New Zealand
By: Reserve Bank
Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New NIWA Research
By: NIWA
A Step Forward For Simpler Trade Between New Zealand And Singapore
By: New Zealand Customs Service
68% Say Make Banks Offer Fraud Protection
By: Horizon Research Limited
View as: DESKTOP | MOBILE © Scoop Media