Business

Bothell based Element announces CFO and non-executive appointments

Element Materials Technology, an established multi-national business in Bothell, announces two senior appointments, with Jo Wetz joining the board as Executive Vice-President Finance and Chief Financial Officer and Jonny Crane taking over the role of Non-Executive Member of Element’s Operating Committee.

Wetz, who has served as a Non-Executive Member of Element’s Operating Committee since 2010, previously spent 13 years working in finance and private equity most recently at 3i. Prior to 3i, Wetz was with Deloitte and specialized in both bank- and company-led restructuring processes before joining the company’s Private Equity transaction services working across Europe and Asia. During his time at 3i, Wetz led a number of successful buyouts both in the US and Europe, focussing on the global Testing and Inspection market specifically. These included 3i’s investments in Inspicio, Inspecta and Element. Wetz is a Chartered Accountant who holds a BSc (Econ) from University College London.

“I have worked very closely with Jo over the last two years and I strongly believe he will bring tremendous value to the Element Group and our leadership team in his full-time role as Executive VP Finance and CFO,” said Element President and CEO Charles Noall.

New Non-Executive Jonny Crane joined 3i in 2010, and was involved in a number of significant investments by the company including Element and Environmental Scientifics Group. He also assisted with Element’s successful exit from Stork as well as the development of the company’s growth strategy and, most recently, supporting Element’s US operations around commercial excellence. Crane previously spent 11 years at Bain and Company, where he worked on strategy and performance improvement projects for a wide range of both publicly- and privately-owned companies. Crane holds a Masters degree in Natural Sciences and Management Studies from Cambridge University.

Element Materials Technology, formerly Stork SMT, is a global network of laboratories with experts specializing in materials testing, product qualification testing and failure analysis for the aerospace and defense, oil and gas, power generation, and transportation sectors. Their team of over 1,000 scientists, engineers and technicians work in laboratories located throughout the US and Europe.

 

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