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ClearVue Technologies (ASX:CPV) appoints global industry leader Martin Deil as CEO

ASX News, Capital Compass, Industrial, The Market Herald Boardroom
ASX:CPV      MCAP $70.68M
23 May 2023 10:55 (AEDT)

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Smart building materials company ClearVue Technologies (CPV) has appointed global industry leader Martin Deil as its newest CEO, effective from June 1, 2023.

Mr Deil has more than 30 years of experience in the international façade and architectural envelopes industry, having most recently served as the CEO of Permasteelisa UK where he oversaw 100 employees and was responsible for annual revenues of $285 million.

Prior to this, he held additional significant roles within the Permasteelisa Group.

ClearVue Non-Executive Chairman Victor Rosenberg said the company was “thrilled” to announce Mr Deil’s appointment.

“ClearVue’s board and management are thrilled to be able to announce the appointment of our new CEO, Martin Deil, a globally experienced and recognised leader with a remarkable industry focus,” he said.

“With an extensive background in the global façade and building envelope industry, Martin brings a wealth of knowledge and a proven track record of driving success in highly competitive markets around the world.”

The company also reported the addition follows recent appointments of Gerd Hoenicke and Charles Mowrey as Non-Executive Directors, and Clifton Smyth as Chief Business Development Officer.

The moves have been designed to accelerate CPV’s growth trajectory globally, with its focus on expanding US and European market footprints via deep industry engagement.

Mr Deil’s annual remuneration is set for around $421,059 (GBP £225,000) per annum, plus long-term incentives on achievement of KPIs.

Shares in CPV were up 2.44 per cent, trading at 21 cents at 10:50 am AEST.

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