Silk Contract Logistics enlists Spottiswood as new CFO


Former 333 Capital managing director assisted Silk’s Rocke Bros acquisition

Silk Contract Logistics enlists Spottiswood as new CFO
Paul Spottiswood

 

Paul Spottiswood, the former managing director of the advisory firm that handled Silk Contract Logistics’ (SCL) takeover of Rocke Brothers, is now SCL’s chief financial officer.

He departs 333 Capital after five years at the helm, having already played a role in SCL’s growth path, and arrives with more than 15 years’ global experience in mergers and acquisitions, capital raisings, strategic advisory and investments.

Spottiswood confirmed his appointment to ATN, with today marking his departure from 333 Capital.   


More on Silk’s acquisition of Rocke Brothers, here


The Financial Review reports Spottiswood will be tasked with guiding SCL to a potential ASX listing, as mentioned in a communique from CEO Brendan Boyd.

"Paul's extensive strategic, commercial, financial and legal experience will assist our business immeasurably as we embark on the next evolution of growth, including the possibility of an initial public offering on the ASX in coming years," he is quoted as saying.

At the time of SCL’s recent acquisition of Rocke, the company noted it "marks an exciting next step in SCL’s journey and aligns with the strategy SCL has held for the past five years in relation to growth".

Spottiswood held previous roles as managing director as fellow advisory firm Capital Success, executive general manager at P&O Maritime Services and corporate finance executive at Transurban.

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