F.Y.I.

Cartelux appoints Stephen Burns as chief financial officer

Queensland-based ad tech company, Cartelux, has appointed Stephen Burns as chief financial officer.

The announcement:

The Queensland-based ad tech company, Cartelux, has appointed Stephen Burns to run its financial department and advise the company in its upcoming funding rounds. Stephen will be based at the Cartelux Headquarters on the Sunshine Coast.

Cartelux was founded in 2020 by lifelong entrepreneur Joshua Williams to simplify digital advertising. The Cartelux platform allows global brands to empower their local retail networks by simplifying and automating the ad creation, approval and media buying process across all media channels.

Stephen, a Certified Practicing Accountant (CPA), spent a number of years in the Department of Defence as a civilian before starting his army career. He served as Business Manager to the Special Air Service Regiment in Perth, the HQ Special Operations Command Australia, and finally to the HQ 16th Brigade (Aviation). After various deployments to Afghanistan and Iraq during his postings, Stephen left the military to work for Airbus Asia Pacific in Brisbane. At Airbus he oversaw the financial aspects of the military contracts for the construction and maintenance of major, complex aircraft projects including the Armed Reconnaissance Helicopter (ARH).

After his seven year tenure at Airbus, Stephen became CFO for a privately owned group of companies, and served as CFO of the ASX listed tech company xReality group (previously ASX: IDZ). He then returned to Queensland adding value to several Start-ups and SMEs with high growth potential, this ultimately led to Cartelux and the global scalability that is available through the Cartelux platform.

Cartelux CFO, Stephen Burns, said: “I am excited to be part of this team and the extraordinary global potential of the Cartelux technology. Of all the businesses I have been involved with, this is definitely the frontrunner in global scalability. I am particularly proud to be part of the thriving tech industry on the sunshine coast.”

Recently Cartelux secured an Export Market Development Grant (EMDG) from Austrade, The Australian Trade and Investment Commission.

Cartelux founder and CEO, Joshua Williams, commented: “We have been global from day one – offering a globally scalable platform ready to be used all over the world was at the center of my idea. We are excited to have the Australian government Trade and Investment commission’s support for exporting our proprietary Australian technology. With this support, and Stephen’s diverse background and vast expertise, I am thrilled to see accelerating growth that we are experiencing around the world, growing the Australian tech ecosystem and creating jobs in Queensland.”

The appointment comes at a time of rapid global growth for the business following client activations in Thailand, India, Australia, Switzerland, Spain, and Germany; work for clients including BMW Group, Ford, Nissan, Renault, MG, and Honda; and establishment of a global partnership with Google.

Source: Cartelux

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