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Australian semiconductor developer BluGlass Limited (ASX:BLG) has appointed highly experienced finance executive Rob Ambrogio as Chief Financial Officer to lead the business’ finance functions through its next phase of growth and transformation.

Ambrogio has proven expertise as a Chartered Accountant and has led high-performance finance teams in public, private and non-for-profit enterprises for over two decades. Ambrogio was pivotal in his previous positions at employment and training firm MTC and as CFO at ASX-listed investment company Gowing Bros Limited where he managed assets of more than $300 million. During his time at Creative Activation, Ambrogio was crucial to the successful acquisition by Clemenger group.

Commenting on the appointment, BluGlass Executive Chair, James Walker said:

“Rob is an excellent addition to the BluGlass team and will be instrumental as the business prepares for commercialisation and profitability. Rob’s extensive experience in strategic and finance leadership, risk management, corporate governance and M&A considerably strengthens our executive leadership team and will be invaluable as we bring our Silicon Valley semiconductor fab fully-online. His demonstrated track record in overseeing business transformation and delivering significant shareholder value complement Jim’s expertise and will be critical as we transition BluGlass to revenue generation.”

Commenting on his appointment, Mr Ambrogio said:

“I’m delighted to be joining BluGlass at this pivotal time in the business’ growth. I look forward to supporting BluGlass as it capitalises on its cutting-edge technology to emerge as a global leader in the photonics and semiconductor industry.”

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