Menz Confectionery has appointed a new Chief Financial Officer (CFO) as the business continues with its global growth trajectory.
The CFO position has been created following 12 months of growth in Menz Confectionery’s Australian operations as well as the addition of an overseas business in the US, and has been filled by Kym Davis.
Davis joins Menz from the commercial world of RAA where he has held the role of acting CFO and more recently, Head of Group Financial Services.
He is a chartered accountant, and his previous experience includes as a Director at KPMG one of the big four accountancy firms. There he worked closely with Robern Menz Chair Peter Siebels, providing many technical and advisory services to large corporates, privately-owned businesses and high net wealth individuals.
Phil Sims, CEO, Menz Confectionery, told C&I that Davis’ people management skills and broader finance and accounting expertise around major project work will be significant as Menz navigates its strategic goals.
“Kym’s experience with FMCG and family business’ together with his corporate advisory expertise around strategy, governance and growth made him a terrific fit for the business as Menz Confectionery pursues its expansion plans.
“His skills will enable the business to better implement further management structures and process aiding better decision making and to capitalise on the numerous opportunities the business has.”
With 20 years’ experience in both commercial and professional services Davis has partnered with many businesses covering a diverse range of industries during his career including retail, wine, tourism and leisure, manufacturing, financial services, building and construction.
His commercial experience has focused upon the implementation and leadership of the transformational change required of traditional finance functions towards a forward looking, business partnering approach to achieve organisational strategy and financial objectives.
Speaking with C&I, Davis said he was looking forward to assisting Menz, an iconic family-owned Australian business, with achieving its expansion strategy.
“While gaining a clear understanding of day-to-day operations, together with the values that underpin the business, Menz has a number of key projects to achieve its strategic goals that will require immediate focus,” he says.
Davis continued that his long-term goal is to “drive the strategic direction of the business as an agile and transformational leader enabling Menz to not only to achieve its strategic goals but also further develop its talented people”.