Greg Balla will replace Greg Allen, who stepped down at the end of March 2021.
After an extensive international chief executive search process, Wellington Drive Technologies’ board of directors has announced that Greg Balla has accepted the role. He is expected to assume the role on a full-time basis on September 1, 2021, replacing Greg Allen who stepped down at the end of March 2021.
Wellington chair and interim chief executive Gottfried Pausch said: “We have found a new CEO with strong leadership experience in agile product innovation, organisational development and running global businesses. Greg’s broad background in strategy and execution places us in a great position to achieve long-term sustainable growth.
“We believe Greg’s … customer focus, deep knowledge of running a global software company and wealth of experience in monetising digital assets will drive our growth and international expansion strategies.”
Balla holds a bachelor’s degree in engineering from the University of Technology in Sydney and a master’s degree in business administration from Deakin University. He comes to the role with significant experience in technology and manufacturing companies across a range of sectors including industrial, healthcare technology, mining, pharmaceuticals and electrical products. His most recent role was as chief operating officer for Orion Health, a global health technology company.
Balla said: “The Wellington team … has done a great job navigating the impact of Covid-19 and built a strong foundation for future growth. Wellington has a range of unique and innovative technologies in the hardware, software and IoT data space.
“It is an exciting time to be joining Wellington and I look forward to an amazing journey that helps create a broad portfolio of innovative products and solutions to take this company to truly global heights.”
As part of Balla’s remuneration package, he has been granted options under the Wellington Employee Share Option Plan to acquire shares in Wellington, in number up to 3% of the current share capital of the company.
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