Chief Financial Officer: The CFO role was designed to bridge robust operational finance with a need for strategic oversight. The successful candidate was expected to provide analytical, data-driven insights that would guide key decision-making and enhance the effectiveness of management and board reporting, budgeting, forecasting, and strategic planning. This strategic position also involved closely supporting the founders in identifying and capitalizing on growth opportunities while preparing the company for a potential liquidity event.
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Chief Growth Officer: The CGO is an ELT position, reporting to CEO. Key to success is building out sales teams and developing operating models that are fit-for-purpose in different markets, as well as creating a more sophisticated and data-led approach to sales conversion. It is critical for ZL that the new CGO can source and convert more strategic multi-site deals and partnerships.
Zero Latency VR, a global leader in free-roam VR experiences, was at a pivotal stage of growth. Backed by Advent Partners - with their strong track record in scaling businesses, the company sought a strategic and commercially astute Chief Financial Officer and Chief Growth Officer to support its rapid global network expansion.
After a comprehensive search, Glenn Johnson was appointed as Chief Financial Officer at Zero Latency VR, bringing extensive experience across consumer goods, gaming, and technology, along with an MBA from Monash University and CPA credentials. His track record in driving cost efficiencies, managing complex financial transformations, and executing high-value negotiations made him the ideal choice to lead the companyβs financial strategy.
For the Chief Growth Officer role, we initially provided a Talent Mapping solution to assess the depth of suitable candidates in Australia, focusing on executives with proven success in scaling SMEs within Technology and SaaS. Following a rigorous national search and engagement process, we identified and assessed a strong pipeline of talent, delivering a shortlist of highly qualified candidates. Tim was impressed with the quality of the final selection, ultimately appointing a CGO who commenced on September 4, 2023, to drive ZLβs international growth strategy.