Articore Group, the parent company of Australian born marketplace Redbubble, has promoted Curtis Davies to the role of interim chief financial officer.
Redbubble and its sister platform TeePublic sell print-on-demand products, including fashion.
Prior to his new appointment, Davies was the group’s financial controller. He started with the Redbubble in 2018 and has held a number of positions of increasing seniority since then.
He is currently responsible for the group’s ASX reporting compliance, audit and financial control.
“I would like to congratulate Curtis on his promotion to interim CFO,” Articore Group CEO Vivek Kumar said. “We are delighted to be in the position to reward and recognise internal talent.
“Curtis is a senior member of our Melbourne-based team, and has already made significant contributions to our financial reporting and guiding our strategy. This appointment reinforces the Group’s ongoing commitment to our Australian presence.”
Articore board chair Robin Mendelson also commended Davies on his new role, adding that the board is committed to delivering long-term value for all shareholders. “Having the right people in the right roles is an important part in achieving this.”
Davies takes over the group CFO role from Mischa Leonard, who had only been in the role for the last three months. Leonard has long-standing prior financial leadership experience, particularly in the utilities and property space.
An executive search process is underway to appoint a permanent CFO.
The recent appointment of Davies follows months of leadership shifts, with Redbubble co-founder Martin Hosking ousted. Kumar took on the group CEO role from Hosking, with Mendelson taking over the chair from Anne Ward.
Since the shakeup, Hosking and former board chair Richard Cawsey are seeking to spill the group’s entire board. A letter signed by both parties, together holding approximately 16 per cent of Articore and at least 5 per cent of the votes, was shared to other shareholders. The letter included eight resolutions for consideration, which culminated in the complete upending of the board and the appointment of four new non-executive directors.