Menu
UPDATED: CA Technologies’ A/NZ boss exits top job

UPDATED: CA Technologies’ A/NZ boss exits top job

Hope Powers replaced by Paul Falkenstein in local MD role

CA Technologies managing director A/NZ, Hope Powers.

CA Technologies managing director A/NZ, Hope Powers.

Hope Powers, CA Technologies’ senior vice president and managing director for Australia and New Zealand, has stepped down from her role heading up the company’s local operations.

The company has announced that Paul Falkenstein, a CA Technologies veteran of two decades and, most recently, chairman of CA Japan, has stepped in to fill the top job in the A/NZ market.

The announcement comes just days after it was confirmed that Powers would be vacating her position as the company's A/NZ chief.

Powers, who is returning to the United States, first came to the role in March, 2014, when she replaced former managing director for Australia and New Zealand, Bill McMurray.

The company said at the time that Powers was tasked with driving sales, building the partner ecosystem, and developing new business, along with other duties.

“[Hope] has achieved significant results by fostering teamwork, improving customer relationships and exceeding sales goals,” said Kenneth Arredondo, CA Technologies’ president and general manager, Asia Pacific and Japan, upon Powers’ appointment in 2014 to lead the A/NZ operation.

Powers’ departure comes as the company’s Australian operation reports slides in both profits and revenues during the financial year ending March 2016, according to documents lodged with the Australian Securities and Investments Commission (ASIC).

The documents show that the company’s Australian operations reported a $3.7 million drop in profit from its Australian operations for the year, to $15.12 million - this is down from the $18.82 million it recorded for the same period the previous year.

Meanwhile, the company’s local arm reported $140.4 million in revenue from continuing operations for the 12 months ending March, representing a $12.8 million fall from the previous year’s result of $153.2 million.

At the same time, incoming cash flows from operating activities – specifically, receipts from customers – have dropped from $254.2 million to $152.8 million for the 12-month period.

"We are very fortunate to have seen strong leadership in Hope who has been the driving force behind our local business and I want to thank her for her commitment beyond her contracted two-year period," said Arredondo in a statement. "As she hands the baton to Paul, I am confident he will continue her good work."

For Falkenstein, the new position offers the opportunity to help guide the company's local customers through their respective digital transformation journeys.

"I’m confident that our strong heritage and credentials will allow CA to continue to make great in-roads in A/NZ," he said.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags CA TechnologiesHope powers

Featured

Slideshows

Channel celebrates as HP marks 50 years in NZ

Channel celebrates as HP marks 50 years in NZ

HP marked 50 years in New Zealand at an event in the vendor's Auckland's headquarters last night, with a host of key channel figures coming along to celebrate. Photos by HP.

Channel celebrates as HP marks 50 years in NZ
EDGE 2017 - Icebreaker Sessions round 2

EDGE 2017 - Icebreaker Sessions round 2

EDGE guests experience the value of networking at the second round of Icebreaker sessions.. Photos by Maria Stefina

EDGE 2017 - Icebreaker Sessions round 2
EDGE 2017 Dinner Under the Stars

EDGE 2017 Dinner Under the Stars

EDGE's Day 2 keynote and breakout sessions were followed by the Dinner Under the Stars. Over 300 people were present to enjoy a seafood feast and lots of excitement at Hamilton Island's Bougainvillea Marquee. Photos by Maria Stefina.

EDGE 2017 Dinner Under the Stars
Show Comments