Ann: Market Update - New CEO Appointed, page-6

John - do you know the incoming bloke? Thumbs up or feed him to the lions?
Do you reckon he is the right fit for small company?
Wondering if ABV should have consulted him rather than employed him?


John - Bit rough calling people morons

I've put a few references below but if anyone could fill in the gaps of just how long he was in various roles and how current they were/ are?

ABV has lacked so much over the years a qualification is irrelevant. There are so many aspects that IMO have lacked quality results and implementation from
engineering
manufacturing
funding
common sense
sales
marketing
cohesive serious business strategy
value to shareholders
where does the list finish.


https://unauthorised investment adv...maker-appoints-former-bosch-exec-as-new-boss/


Extreme brake maker appoints former Bosch executive as new boss

A former Bosch senior vice president will join a company that makes heavy-duty brakes this month as its new CEO.

Advanced Braking Technology (ASX:ABV) makes brakes for extreme conditions such as construction sites, forestry and surface mines.

Incoming chief Peter Hildebrandt rose through the ranks at Robert Bosch over a decade and a half, eventually becoming senior vice president of the company’s Project Asia division focused on car multimedia.

Since then he’s also tried his hand at a few technology startups, including one that specialised in industrial wearable “Internet of Things” products.

That mix of experience could make him the right person to help Advanced Braking Technology get off the ground after a few false starts — and a share price below 1c.

The company’s new Terra Dura brake was designed with “a unique polymer housing technology that significantly extends the life of automotive brakes — keeping abrasive materials and water out”, said chairman Bruce Grey.

“Peter recognises that in the current global commodities cycle where cost efficiencies are paramount, the Terra Durra is an extremely compelling investment proposition.”

Mr Hildebrandt is due to start on August 28.

The company’s last CEO Graeme Sumner resigned in July after the board decided to search for someone with a different set of skills to grow the business.

The first Australian order for Terra Dura brakes was shipped to an open cut mine in Latrobe Valley in Victoria earlier this month, to be installed on Landcruiser vehicles at the site.

ABV shares are currently trading at 0.6c, valuing the company at $13.2 million. The company could need to raise capital shortly, with its expected quarterly costs outstripping its cash on hand.

The company spent $706,000 in the quarter to June, leaving it with $1.7 million in cash. It expects to spend $3.2 million in the current quarter, which will be offset by customer receipts.


http://www.tellusconsulting.com.au/team.html



Tellus - We simplify Complexity. We are a boutique advisory company specializing in Sustainable Business Development, Strategy, Leadership and Change



Peter is an experienced senior executive with expertise in sales and marketing in the automotive industry and the interface between electronics, IT, consumer and telecommunications industries.

Peter began his career lecturing in marketing, macroeconomics & trade at the University Internacional in Mexico before moving to Volkswagen where he worked in project purchasing. Peter has held several international leadership positions. These include leading the global sales and marketing for Robert Bosch Car Multimedia and the business unit, Automotive Infotainment, followed by a further two years developing the strategy for the Asia Pacific region. He has a strong background in business development, key account management, change management and process re-engineering.

Peter holds a Bachelor of Business Administration, Degree in Economics and an MBA (Executive). Peter is a certified Excellence Assessor with the European Foundation of Quality Management (EFQM) and has a particular passion for leadership development and business excellence.


https://au.linkedin.com/in/peter-h-hildebrandt-67a95921
Peter H Hildebrandt

CEO | Global Executive | Entrepreneur. Build & Grow Sustainable Businesses; Capture Markets with Technology & Innovation

Melbourne, Australia
Telecommunications

Summary

Peter has expansive multi-sector top management experience including roles as CEO, BU Head and executive leader of Sales, Marketing and Business Development functions. Those responsibilities covered global levels as well as a variety of regional capacities. International assignments included locations in Europe, the United States, Mexico, Australia and China.

Peter combines excellent business and commercial qualifications (including an MBA) with a track record in technology and innovation driven markets. He has primarily worked with B2B and enterprise clients offering products, systems, software and services via both direct and partner channels. With exposure to large international corporations, SME, two Australian start-ups and both privately held and listed companies, Peter’s management acumen and business leadership skills are well rounded and have allowed him to succeed in both strategic and hands-on roles.

Peter managed P&L, delivered top line growth, market share and profitability. Particular challenges mastered include translation of corporate and business strategy, restructuring, leading complex sales cycles, M&A, change management, go-to-market strategies, re-engineering and productivity improvements as well as leadership and mentoring.

Transferable skills of particular strength comprise decision and result orientation, strategic and analytical thinking, execution and implementation focus, intercultural affinity, and mentoring and coaching. Peter has a professional passion for leadership development, performance management, diversity, and business excellence. Peter was fortunate enough to have enjoyed formal management training at institutions such as Harvard, INSEAD, IMD, The Center for Creative Leadership, and the European Foundation for Quality Management. He is continuing his journey of life-long learning by earning specialised certifications. A recent focus has been on entrepreneurship & intrapreneurship and business model generation.


https://www.linkedin.com/company/tellus-consult