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Powerhouse completes important pre IPO step

Powerhouse completes important pre IPO step

Powerhouse Ventures Limited – the leading IP commercialisation company – has completed an important step in the preparation for its ASX IPO with the appointment of an Australian resident director Paul Viney to the Board as Executive Director. Mr Viney is currently Powerhouse’s Chief Financial Officer and Company Secretary.

Kerry McDonald, Chairman Powerhouse Ventures, said: “Mr Viney is a career finance and governance professional, with more than 25 years’ experience working in Australian industrial and financial services organisations. He specialises in financial and management accounting, value creation, mergers and acquisitions and corporate governance. He has been with Powerhouse for two years and in that time has been instrumental in readying the company for its planned listing.”

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