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PARKD appoints senior finance executive Len Troncone as CFO

In the last six years, Troncone served as chief financial officer for a large, privately owned manufacturing group of companies.
Modular carpark
PARKD is a construction technology company that has created a modular carpark structure

PARKD Ltd (ASX:PKD) has appointed a senior finance executive with more than 35 years’ experience to the newly created role of chief financial officer (CFO).

Len Troncone has experience in a range of industries including diversified engineering, mining, oil and gas, manufacturing and private investment.

Troncone has also made strong positive contributions to newly listed entities.

PARKD managing director Peter McUtchen said: “We are delighted to have Len join us at this exciting stage of our company’s development.

“We are evaluating a significant number of opportunities and welcome a person with Len’s background and proven experience in delivering shareholder value, particularly in start-up companies.”

READ: Parkd non-executive chairman buys more shares on market

Troncone was instrumental in the development and delivery of shareholder value in the post IPO years at both United Group Limited and Decmil Group Limited, formerly Paladio Group Limited.

In the last six years, he has worked as CFO for a large, private, vertically integrated manufacturing group of companies and played a key role in assisting the owners to monetise their business via a trade sale to an international private equity group.

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