Columbus Global

Brian Iversen new CFO in Columbus and an important part of Columbus’ strategic transformation

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Brian Iversen will take up the position as Chief Financial Officer (CFO) and member of the Executive Board in Columbus, joining Columbus 1 October. Brian Iversen joins from a position as Vice President of Group Finance in GN Store Nord where he has played a key role in transforming and optimizing GN Store Nord financial processes globally. Brian will succeed Hans Henrik Thrane, who will leave Columbus 31 August.

In Columbus, Brian will be a central figure in Columbus’ strategic transformation towards a more focused and simplified operation with an increased focus on larger customers and a more digital advisory approach.

“We are delighted to welcome Brian Iversen to Columbus. He brings extensive experience in leading effective financial functions and implementing complex transformations. Brian is an attentive and motivational leader with substantial experience within international leadership and financial reporting. The insights he has gained by leading and implementing operational and finance strategies and his proven track record within financial restructuring and optimization will be valuable in ensuring Columbus’ strategic transformation”, says Chairman of the Board, Ib Kunøe.

Brian Iversen is an experienced top executive with more than 20 years of experience from large international companies. He has extensive experience in lading, optimizing, and developing global finance functions as well as implementing large strategic programs and optimizing business performance.

In his most recent role with GN Store Nord, he was responsible for Group Finance with more than 50 employees, where he headed optimization of the reporting and financial structure as well as optimizing of the financial processes locally and globally. He holds an MBA from Henley University in the UK.

“Columbus has a strong purpose – digital transformation for a better tomorrow – and a very strong market position with huge global growth opportunities. I am excited about the journey that lies ahead of us with the finance transformation being a central part of Columbus’ strategic transformation. I am very grateful for the trust the Board and the CEO have extended to me, and I look very much forward to joining Columbus and to be leading Columbus’ Finance operation”, says Brian Iversen.

Columbus’ Focus23 strategy implies a strategic transformation of the company with the ambition to become trusted digital advisor to larger companies in the retail, food, and manufacturing industries. A key priority in the Focus23 strategy is to drive profitable growth by focusing and simplifying the operation with increased customer centricity and a more digital advisory approach.

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Columbus Global
Columbus Global
Lautrupvang 6
2750 Ballerup

https://www.columbusglobal.com

Columbus is a global IT services and consulting company specialized in digital transformation. Our more than 1,500 digital explorers collaborate with our customers in the manufacturing, retail & distribution, and food & process industries. We advise, implement and manage business critical solutions within Strategy & Change, Customer Experience, Digital Commerce, Data & Analytics, Application Management and Cloud ERP. Headquartered in Denmark, we have offices and partners worldwide - delivering locally on a global scale

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Latest releases from Columbus Global

New analysis of Columbus’ financial results for Q3 2023 and new strategy; New Heights4.12.2023 14:22:29 CET | Nyhed

The stock analysis firm, Aktieinfo, has just published an analysis of Columbus’ results for Q3 2023 and the newly published strategy - New Heights. The analysis concludes, among other things, that: "After ten consecutive quarters of growth and maintaining guidance for 2023 with organic growth expected to be between 8-12% and an EBITDA margin of 7.4-9.0%, Columbus concludes the strategic plan Focus23. All goals have been achieved. Now, new ambitious yet achievable goals are set for the period 2024-26, anticipating an annual average organic growth of 10% and a significant improvement in the EBITDA margin to 15% by 2026. Columbus is thus taking a step towards 'New Heights' for revenue, earnings, and stock prices." The analysis can we found here (in Danish): https://ir.columbusglobal.com/static-files/7dc8b8dd-b686-4a70-8dc9-5b93f513aaa5

Strong Q3 Interim Report, new ambitious growth targets for 2024-2026 and new focus on Life Science15.11.2023 09:18:19 CET | Pressemeddelelse

In the third quarter of 2023, Columbus once again delivered impressive organic top-line growth of 15% (excluding acquisitions and currency), and the increase in operating profit (EBITDA) was as much as 28%. Columbus has created a solid foundation for the upcoming strategy period – New Heights – which in particular will focus on boosting profitability with an EBITDA margin of 15% by the end of 2026. Columbus expects 10% compounded annual growth in 2024 – 2026.

New analysis of Columbus’ financial result for Q2 2023 published by Aktieinfo31.8.2023 12:16:10 CEST | Pressemeddelelse

The analysis concludes, among other things, that: Columbus delivers what is promised. Growth adjusted for acquisition and currency was achieved with 16% in the second quarter (19% adjusted for currency and including acquisitions) and 14% in the first half of the year. In the second quarter, Columbus managed to invoice 70% of the consultants' hours. This testifies increased efficiency, which is one of the goals of the Focus23 strategy. With the execution of the Focus23 strategy, Columbus appears stringent and focused on servicing the core customer group. The analysis can we found here (in Danish): https://ir.columbusglobal.com/static-files/96127943-4e58-4e34-97be-3790aa0f0a06

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