CTM taps energy industry titan as new global CFO

CTM taps energy industry titan as new global CFO
Edited by Travel Weekly

    Corporate Travel Management (CTM) has appointed James Spence as its global chief financial officer, commencing 27 May 2024.

    Spence brings over 13 years of experience as a CFO of large, international businesses, and has operated across Australasia, North America and Europe, in a 30-year career. Over the last 14 years, Spence has held the CFO position at five different energy companies.

    This appointment is made after a 6-month recruitment process, following the departure of the previous global chief financial officer, Cale Bennett, in July 2023. James Patterson, who is currently acting global chief financial officer, will continue to support the business, and the incoming CFO, in the group finance team.

    The CTM board thanked Patterson for his continued support and significant contribution made as acting global chief financial officer.

    Managing director, Jamie Pherous said, “We have built an exceptionally strong Group Finance function. These changes will add further depth of experience to help the business deliver on an ambitious five-year growth strategy to be outlined further at our half year release. I would like to welcome James Spence to the team, and to thank James Patterson for his significant contribution as acting CFO”.

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