Continuum Powders Announced New Appointment
Continuum Powders, a pioneering force in sustainable metal powders for advanced manufacturing, has recently welcomed David Boersma as its new Chief Financial Officer (CFO). His arrival marks a significant step towards amplifying the company's finance and accounting initiatives, guiding its growth trajectory and innovative strategies.
David Boersma's Extensive Background
Bringing over three decades of rich experience in diverse fields such as Energy Services, Mining, and Manufacturing, David has established a robust reputation in both private and public sectors. His career includes esteemed roles at recognized companies such as Freeport-McMoRan Copper & Gold, Honeywell, Waste Management, and GE. Such a background enriches Continuum Powders with a unique international perspective, particularly as the company aligns its goals with the evolving global market demands.
Recent Leadership Roles
Before joining Continuum, David added significant value to Stage Completions, a private equity-backed firm noted for its proprietary intervention-less sleeve completion systems. As CFO, he not only drove financial performance but also played a key role in enhancing governance and operational efficiency. His previous experience as CFO at Foro Energy, a venture capital-backed oilfield service technology firm, further solidified his financial leadership skills in challenging environments.
Leadership Insights
Rob Higby, CEO of Continuum Powders, expressed confidence in David's abilities, stating, "David’s proven track record in financial leadership and his strategic approach to navigating dynamic, fast-paced environments make him an invaluable addition to our team." Rob emphasized how David's expertise will be crucial for the company's expansion and its commitment to offering innovative, sustainable solutions.
Advice from the COO
Rizk Ghafari, the Chief Operating Officer of Continuum Powders, echoed the sentiments shared by Rob. He remarked, "David’s deep understanding of global markets and operational finance is a perfect match for Continuum’s vision. His leadership will not only strengthen our financial foundation but also help us achieve our long-term goals as we scale our operations and maintain our commitment to sustainability."
Community Involvement and Education
Beyond his accomplishments in the corporate world, David is also actively engaged in his local Houston community. He boasts an MBA from Tulane University, complemented by a Bachelor of Science in Business Administration from the University of Kansas. This blend of education and community involvement reflects his holistic approach to leadership and business.
About Continuum Powders
Continuum Powders stands at the forefront of high-performance, sustainable metal powders. With operations in the United States and Singapore, the company has developed the innovative Greyhound M2P (melt to powder) Platform. This patented process effectively recycles alloyed metal waste into high-quality powder, showcasing a commitment to sustainability. The platform not only meets rigorous quality standards but also further supports customers' decarbonization endeavors through nearly carbon-free powder materials.
Quality and Sustainability
As the only company able to combine superior quality with alloy flexibility, supply chain independence, and cost effectiveness, Continuum Powders significantly reduces carbon footprints compared to traditional powders. Their commitment to sustainability sets a benchmark in the industry, marking them as a leader in metal powder manufacturing.
About Ara Partners
Ara Partners is a distinguished global private equity firm focused on driving industrial decarbonization. Established in 2017, the firm aims to scale businesses poised to impact the industrial, chemicals, energy efficiency, and agriculture sectors significantly. Ara Partners operates from multiple offices worldwide and recently closed its third private equity fund with over $2.8 billion in commitments, managing approximately $6.2 billion in assets.
Frequently Asked Questions
Who is David Boersma?
David Boersma is the newly appointed Chief Financial Officer (CFO) of Continuum Powders, bringing extensive experience in financial leadership across various industries.
What will David Boersma oversee as CFO?
As CFO, David will oversee the finance and accounting functions at Continuum Powders, contributing to the company’s growth and innovation.
What experience does David have prior to this position?
David has over 30 years of experience working at major companies like Freeport-McMoRan, Honeywell, and most recently as CFO at Stage Completions.
How does Continuum Powders support sustainability?
Continuum Powders utilizes a patented process that recycles metal waste into high-quality powders, helping to significantly reduce carbon footprints.
What is the Greyhound M2P Platform?
The Greyhound M2P Platform is Continuum Powders' innovative process for recycling alloy waste into sustainable metal powders, promoting high quality and environmental responsibility.
