Element, a global leader in testing, inspection, and certification (TIC) services, has announced the appointment of Paul Woolf as Group CFO, effective from September 23. Woolf will report directly to CEO Jo Wetz and will join Element’s main Board.
With over 30 years of financial leadership experience across the consumer, technology, and tech-enabled services industries, Woolf has held various executive roles in both private equity-backed and publicly listed companies. His private equity experience includes serving as CFO and COO of CPA Global, a $7 billion IP platform (now part of Clarivate plc), and CFO of the Automobile Association, the UK’s largest motoring organization. Woolf has also held CFO positions in public companies such as Mitie plc, a leading facilities management firm, and most recently Cazoo, a European marketplace for used cars. His earlier career includes leadership roles at international organizations like Dell Technologies, Jardine Matheson, and PwC.
“We are thrilled to welcome Paul to the Element team,” said Jo Wetz, CEO of Element. “He has built his career around driving a strong growth agenda and brings extensive international experience and strong leadership qualities. This combination makes him the perfect CFO to guide us through our next phase of growth.”
Paul Woolf expressed his enthusiasm about joining Element, stating, “This is a very exciting time to be joining the Element leadership team as we seek to expand our testing capabilities in some of the fastest-growing sectors around the world. I look forward to bringing my experience, knowledge, and insights to the role and being part of this ambitious company’s ongoing growth story.”
Woolf holds a BA in Philosophy, Politics & Economics from Oxford University and is a qualified Chartered Accountant (ACA).