Former DeLonghi FD hired to take ByBox into new age of growth
The ByBox Group has hired Pete Rowse as Chief Financial Officer (CFO) to cement and continue the group’s growth. This growth has been driven by a number of acquisitions, including echo Ltd and Business Direct. Pete’s role will be to strengthen the ByBox’s financial capabilities while also using his commercial experience to support the group’s future plans. Pete will be bringing a wealth of experience to this new CFO role, gained from over a two decades of senior level financial management. Earlier in his career he oversaw the growth of DeLonghi Ltd in the UK from £5 million to £50 million turnover, before spending three years in the US delivering a successful turnaround, in a £250 million enterprise that was growing rapidly in a number of sectors.
Stuart Miller, CEO and co-founder, ByBox said: “The ByBox Group has seen unprecedented growth over the past few years. Acquisitions, a wealth of new clients and expanded services have all driven us onwards and upwards. Pete’s understanding of blue chip financial management will prove invaluable as we continue to grow towards an enterprise turning over £100 million annually.”
Pete Rowse, CFO, ByBox said: “ByBox’s domestic and international expansion has been fantastic. Recent acquisitions and future growth plans are set to build one of the most innovative and nimble companies not just in the logistics and supply chain industry but in the UK as a whole. By applying my understanding of structuring businesses, financing, acquisitions and managing client relationships, the group will be well placed to consolidate the growth to date and leverage its unique strengths and its market leading position.”