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Silk Logistics announces new CFO

The new Silk Logistics CFO’s background includes working at the now-fallen Scott’s Refrigerated Logistics

Australian logistics company Silk Logistics has announced the appointment of its new Chief Financial Officer (CFO).

James Nicholias has been appointed to the role, joining the company as a growth focused and commercial CFO with more than 20 years of financial experience across multiple industries, including logistics and supply chain, recycling, banking and infrastructure.

Prior to joining Silk, Nicholias held multiple roles at Bingo Industries Limited from 2017 to 2022 including acting CFO, group financial controller and general manager for finance transformation and investor relations.

He was also previously CFO at Scott’s Refrigerated Logistics since September 2022, starting at the beginning of the reset and turnaround under private equity.

His experience before this included senior finance roles with Australian Turf Club, JP Morgan, Macquarie Group and Deolitte.

He will replace Brendant Pentland, who announced in December that he would step down as CFO.

“We welcome James to Silk and look forward to his contribution as the company plans its next phase of consolidation and growth,” Silk Logistics managing director and CEO Brendan Boyd says.

“James will commence on 8th January and work through a structured transition program with Brendon Pentland prior to his leaving around March 2024.”

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