Australian lithium producer, Pilbara Minerals, has announced the appointment of a new Chief Financial Officer (CFO).
Luke Bortoli will commence as CFO on the 11th April 2023, bringing with him more than 20 years’ experience in finance, most recently serving as CFO of Afterpay, during a period of rapid growth.
Prior to this, Mr Bortoli held various roles at Aristocrat Leisure including Global Head of Investor Relations, Group Treasurer, Global Head of Strategy and CFO Special Projects from 2014 to 2018.
Earlier in his career, as Director of Investment Banking at UBS, Mr Bortoli specialised in M&A and capital raising advisory for the resources and technology sectors.
Mr Bortoli also holds a PhD in Economics and B.Comm with First Class Honors from the University of Sydney.
As CFO, Mr Bortoli will have oversight of all financial aspects of Pilbara Minerals and will also work as part of the executive team to implement and accelerate Pilbara Minerals’ growth strategy.
Pilbara Minerals’ Managing Director and CEO, Dale Henderson, said he was delighted to have attracted a senior executive of Mr Bortoli’s calibre and global experience to join the Pilbara Minerals team.
“Luke has an exceptional track record of value creation as a senior executive helping fast growth companies scale operationally to maximise their potential,” Mr Henderson said.
“His CFO career has seen him work at the highest levels of some of the most successful companies on the ASX, including lengthy stints working at two leading ASX-20 companies with global operations, being Afterpay and Aristocrat.
“Luke is passionate about future-facing industries and has a track record of stewarding the finance needs of companies in a rapid stage of evolution. He has deep experience in scaling the people, processes and systems that are required to support growth.
“Luke’s demonstrated ability to balance commercial and financial discipline, strong governance and innovation will place him in good stead as he takes on this role.”
Mr Henderson said he is delighted that Mr Bortoli has decided to move from one fast-growing industry to another, being the lithium industry.
“His breadth of expertise in corporate strategy, investor relations, treasury and digital strategy will also be invaluable to Pilbara Minerals as we seek to leverage our strengths, grow and diversify – particularly as we move further down the mid-stream and downstream value chains.
“We are very much looking forward to having Luke on board, and to the substantial contribution we know he will make to the business in the years to come.”
