Covelya Group Announces CFO Transition
Leading marine technology company Covelya Group announced today that Martin Davey, the group’s Chief Financial Officer (CFO), will be relinquishing the role in 2025.
Martin will continue to serve as Covelya’s CFO through to the end of 2024 and then take on the role of senior advisor to the group into 2025 to assist with the transition. Covelya Group has initiated its succession planning process to recruit the firm’s next CFO as it looks forward to further growth in the coming years.
“In only six years, first with Sonardyne International, latterly at Covelya Group, Martin has played a pivotal role in the creation and development of the group,” said Stephen Fasham, Covelya Group Chief Executive Officer. “Martin’s tenure has been a period of great change for this organisation including acquisitions, geographical expansion and, not least, the creation of Covelya Group itself in 2020. Martin has helped drive cultural change as we’ve all got used to being part of a wider family, as well as raising standards of financial rigour.”
“Since joining the team, I’ve been privileged to work with fantastic people and amazing technology,” said Martin Davey, Covelya Group CFO. “Having been part of setting the foundations for Covelya Group, I know the group is in good hands with clear aims and a strategy that will continue to drive growth and profit over the years to come and I look forward to supporting the company’s development in my new role.”
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