Altus Group Ltd. (TSX: AIF), a Toronto-headquartered provider of commercial real estate intelligence, announced that Katie Royce will join the company as chief financial officer (CFO), effective Aug. 3. Royce succeeds Pawan Chhabra, who has been CFO since January 2023 and will remain with the company into September to support an orderly transition.
Royce, who will be based in New York City, most recently served as CFO of ZenBusiness Inc., a SaaS company providing services for entrepreneurs. Prior to that, she held senior finance roles at Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a traded technology services provider, including senior vice president, North America CFO and head of investor relations.
“Katie’s experience scaling high-growth platform companies will be invaluable,” said Mike Gordon, CEO and chairman of Altus. “She is a proven operator at the intersection of finance, technology and strategy, who has built and led modern finance organizations that fuel innovation, growth and performance. She’s keen to hit the ground running to help us execute our value creation strategy and accelerate our path to Rule of 40.”
Gordon added, “On behalf of the company’s stakeholders, I want to thank Pawan for his many contributions to Altus. He guided the company through significant change providing us with a strong financial foundation to scale and profitably grow the business. We wish him continued success.”
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