Blackpearl Group founder and chief executive Nick Lissette said: “Last week, we confirmed reaching $10.4 million in annual recurring revenue (ARR) and a $10m capital raise. Having experienced exponential growth, it’s a critical time to focus on the key roles that will help us build a solid platform for continued expansion.”
Jean-Francois Arlove has extensive experience in CFO and COO roles within the advertising and marketing industries. As a Certified Practicing Accountant for more than two decades, he possesses a deep understanding of the operational structures needed to support hyper growth companies.
Jean Francois Arlove.
His operational experience was instrumental in the growth of TBWA New Zealand, a global advertising firm headquartered in Midtown Manhattan, New York. As a key unit of Omnicom Group since 1993, TBWA is part of the world’s second-largest advertising agency network.
“As a business, Blackpearl Group is at an inflection point and now is the time to ensure our systems and processes are designed to scale,” commented Arlove who is well known for bringing both big picture thinking and pragmatism to finance teams. Arlove said: “I’m excited about growing our financial team to help fast-track [our] expansion.
Lissette commented: “Jean has an impressive ability to ‘start with the end in mind’ when it comes to company finance. As we continue to expand, I’m confident of his ability to bring new levels of rigour to how we approach our financial strategy.”
The company’s chief governance officer Karen Cargill will step away from day-to-day financial management to focus on the company’s all-important and growing governance responsibility. As a fellow Chartered Accountant as well as Chartered Governance Professional and Chartered Secretary, she will tap into her significant global audit experience to deliver the company’s NZX financial reporting.
Cargill played a key role in driving Blackpearl Group’s NZX listing and has been instrumental in its success to date. In her new role, she’ll be leveraging her deep knowledge of the company to provide much-needed accountability and risk mitigation, allowing the team to scale with confidence and agility.
“I couldn’t be more confident in the leadership team we’ve assembled to ensure our path forward is not only ambitious but also sustainable. Together, we’re positioning Blackpearl Group to not only meet the demands of hyper growth, but to lead with precision, accountability, and a clear focus on the future,” Lissette said.
Effective October 15, 2024, both appointments will support the company’s hyper growth trajectory.
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