Airborne Oil & Gas, a leading manufacturer of thermoplastic composite pipe (TCP), said Aug. 3 it has promoted William de la Motte to CFO following his six months as interim finance director.
![Airborne](/sites/default/files/inline-images/de%20la%20Motte.jpg)
A seasoned financial professional with over 30 years’ experience in eight countries, de la Motte started his career at Dutch trading company Ceteco in the Americas, where he stayed for 13 years and progressed to finance director. In 2010, he was the CFO for SHV Energy Brazil in Rio de Janeiro, where he managed a complex restructuring of the finance departments and introduced a cost-cutting program which increased OPEX by 50% year-on-year.
In 2013, de la Motte returned to the Netherlands, spending six years as CFO on the board of CAIW Holding BV, a portfolio company of investment fund CIF which later sold to EQT Private Equity. De la Motte supported the business with the implementation of an efficiency strategy and capex control program that resulted in a 65% increase in revenue.
Starting his new role on Aug. 3, he is based at Airborne Oil & Gas’ headquarters in Ijmuiden in The Netherlands, where it also hosts its 24/7 TCP manufacturing plant. The company’s other operational bases are in Houston and Kuala Lumpur, Malaysia.
“William has an excellent track record in supporting companies to reach their strategic goals through the successful implementation and delivery of financial frameworks and systems. He is a key addition to our senior leadership team and has already demonstrated his robust financial and managerial skills during this challenging time as the world adjusts to the current environment,” Oliver Kassam, Airborne Oil & Gas CEO, said.
De la Motte holds a bachelor’s degree in business administration from the Rotterdam University in the Netherlands.
Recommended Reading
Air Liquide Closes African Divestitures to Adenia Partners
2024-07-23 - Air Liquide’s transaction with Adenia Partners represents total annual sales of approximately 60 million euros (US$65.12 million), less than 10% of Air Liquide’s sales in Africa.
Chevron to Divest 20% Interest Offshore Suriname to QatarEnergy
2024-07-23 - Chevron Corp. will divest a 20% interest to QatarEnergy in a production sharing contract related to Suriname offshore Block 5.
Marketed: Berlin Resources’ Anadarko Basin Opportunity
2024-07-22 - Berlin Resources has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Montgomery 18/19 BO #1H, located in Ellis County, Oklahoma.
Archrock to Buy NatGas Compression Firm TOPS for $983MM
2024-07-22 - The acquisition of Total Operations and Production Services will increase Archrock's compression capacity by 30% to nearly 2.2 million operating horsepower.
3R, Enauta Merge to Create Large Brazilian Independent
2024-05-21 - 3R Petroleum Óleo e Gás SA and Enauta Participações SA will combine into a new entity with production that exceeds 100,000 boe/d and compete head-to-head with Brazilian producer Prio, according to Wood Mackenzie.