Velocity Composites appoints new finance chief

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Aerospace composite supplier Velocity Composites has appointed Rob Smith as its new chief financial officer as it expands its services worldwide.

(Image credit: Velocity Composites)

Smith will oversee the company’s finances as Velocity Composites pursues its plan for growth by using its technology to support sustainable composite production and reduce avoidable waste and costs for customers.

Smith is a chartered management accountant with experience in leadership roles in a number of AIM quoted technology companies, where he has been instrumental in leading growth strategies and improving operational efficiencies.

Smith was formerly chief financial officer at Biome Technologies, a specialist technology group in the development of bioplastics. Prior to that he was CFO and CEO of Filtronic, an AIM listed electronics designer and manufacturer of advanced filters, antennas and mmWave transceivers to the telecommunications and critical communications markets.

Smith said: “This is an exciting time to be joining Velocity Composites as the business grows as an international organisation offering efficiencies in the aerospace industry worldwide. The ambitions are high and the aim is to continue to expand in the marketplace working in collaboration with our customers to meet their own targets and business aspirations.”

Jon Bridges, CEO of Velocity Composites, said: “Rob brings a wealth of relevant financial experience to the company from working in technology and manufacturing sectors. We look forward to working with him as we open up further opportunities being created by the international expansion of our services.”