Ontic – a leading manufacturer of OEM pedigree parts and provider of MRO services for established aircraft in the commercial, military, business aviation, and rotorcraft market – announced the appointment of Toby Woolrych as CFO.
Woolrych joins Ontic with over 30 years of experience in financial and business management, having most recently been a CFO at Renewi plc for nearly 10 years. Prior to that, Woolrych's extensive financial experience spans CFO roles at Consort Medical plc and Acta SpA, as well as other positions at Johnson Matthey plc.
Gareth Hall, CEO of Ontic, said: “We are delighted to welcome Toby to Ontic. He will bring a broad range of valuable business experience to our team in addition to a proven track record as CFO. I believe that Toby will be a key part of our talented team as we continue to establish Ontic as a leading and fast-growing provider of essential services both to our licensors and to our aviation customers.”
With a breadth of expertise in international M&A, global business operations and strategy, Woolrychwill be a key driving force behind Ontic’s future expansion and fast growth.
Talking of his new appointment at Ontic, Woolrych said: “I am really excited to be joining Ontic as CFO in April. Ontic has a unique business model providing an essential service to the world’s aircraft operators and its supply chain. The business has ambitious plans to expand the range of products and services that it can provide to its customers and I look forward to being able to contribute to the future success.”
Woolrych's position at Ontic begins April 4, 2022
