Former TGS CFO Joins AqualisBraemar

Published

Offshore energy consultancy AqualisBraemar has named Dean Zuzic as the group’s new chief financial officer (CFO). 

Zuzic has more than 30 years of finance and management experience. He has recently held CFO roles at Oslo-listed seismic players TGS-NOPEC Geophysical Company ASA and Spectrum ASA.

Zuzic joins AqualisBraemar on September 1, 2020. He will succeed Kim Boman, who joined as CFO in January 2016.

David Wells, CEO of AqualisBraemar said: "Kim has played an instrumental role in developing AqualisBraemar since joining. He was a key contributor in the turnaround of our business and establishing a more resilient business model."

According to Oslo-listed AqualisBraemar, since Boman joined the company has trebled its revenues from USD 26m in 2016 to USD 76m (last 12 months) and strengthened its financial position.

Wells said: "Kim played an important part in the acquisition of Braemar Technical Services in 2019 and the subsequent integration process, including leading and developing a global finance function, which has now been successfully completed, realizing significant synergies for our business. I would like to thank Kim for his tenure and at the same time welcome Dean Zuzic to the team. He is a highly experienced CFO that will be an excellent addition to our team."

Boman will continue to support AqualisBraemar as a key financial advisor. 

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