Australia’s leading digital commercial credit reporting bureau, CreditorWatch, is pleased to announce the formation of its Board, made up of two existing ATI Group board members and two independent non-executive directors, in addition to CEO Patrick Coghlan. This is an important step in the ongoing development and growth of the technology business.
The existing ATI Directors, Chairman Stephen Wood and non-executive Director Marcus Fletcher will be joined by two independent non-executive directors, Nerida Caesar, and John Wilson. The Board brings significant business experience to assist in the acceleration of growth, as the company moves past 100 employees and 55,000 customers.
As a subsidiary of ATI Global, CreditorWatch has displayed consistent growth since it was founded 11 years ago. It serves every part of the economy, from sole traders to large private firms and public companies across a range of industry sectors, which rely on its technology and proprietary data every day when making commercial credit decisions.
Commenting on the formation of the board, Chairman Stephen Wood, said, “this step is part of the next phase of growth and we see CreditorWatch on a pathway to becoming the largest and most significant commercial credit reporting bureau in Australia.
“The board members’ impressive depth and range of expertise across diverse industries, all with a technology focus, will be of tremendous value in driving this ambitious growth plan.
“Businesses benefit from fresh thinking and being challenged, and we look forward to the different perspectives this group will bring to CreditorWatch.”
Ms Caesar said, “I am delighted to join the Board of one of Australia’s emerging technology companies. CreditorWatch plays such an important role in the economic fabric of key industry sectors and their unique data provides valuable insights.
“As Australia moves back to post-pandemic times, I look forward to working with Stephen Wood and the group on the strategic plan for the next phase of growth.”
Mr Wilson said “with my long career in the technology software industry, I can see tremendous growth and potential for the next phase for CreditorWatch. Innovation and speed to market will be critical to support the mid-market economy and major organisations. I look forward to working with the Board on this next part of the journey.”
In closing, CreditorWatch CEO Patrick Coghlan said, “every three to four years CreditorWatch undertakes a significant strategic review as part of its growth journey. During the most recent review, it was determined the business was at a stage at which it would benefit from greater external experience and advice – I look forward to working with, and learning from, such an experienced group.”
Board members’ backgrounds
Stephen Wood has been instrumental in executing and leading the growth and global expansion of the InfoTrack Group of Companies. From his previous position as Chairman of InfoTrack and CEO of InfoTrack Australia and New Zealand prior to that, Mr Wood has proven his ability to significantly scale up and transform the InfoTrack brand internationally with the creation of the ATI Global business, of which he is the current Chairman.
Nerida Caesar has 35 years of broad-ranging commercial and business management experience. She is a non-executive Director of Westpac Banking Corporation and NBN Co, Chairman of Workplace Giving Australia and is a Director of Spark Investment Holdco. Nerida also advises to various organisations in the technology sector. She was most recently Group Managing Director and Chief Executive Officer of Equifax (formerly Veda Group Limited). Nerida led the company through ASX listing and sale to Equifax Inc in 2016. During her executive career, Ms Caesar also held office as Group Managing Director of Telstra Enterprise & Government and various executive roles at IBM over a 20 year period.
Marcus Fletcher is an experienced corporate adviser, venture capital investor and director. He founded boutique corporate advisory firm Helfen Corporate Advisory in 2003 and has been the lead adviser on many private and public sector transactions, with a particular focus on the retail and software sectors. Prior to founding Helfen, he was a senior member of the investment banking teams at Centaurus Corporate Finance and Merrill Lynch and prior to that a corporate lawyer.
Marcus is a non-executive director of ATI Global Pty Ltd (CreditorWatch parent), Smokeball Pty Ltd, LEAP Software Developments Pty Ltd and MyProsperity Pty Ltd and is an investor in many Australasian listed and unlisted SaaS businesses.
John Wilson is an experienced Executive and Non-Executive Director with a demonstrated history leading and delivering growth in technology and data businesses. He is skilled in strategy, M&A, product management, account management, and software-as-a-service (SaaS).