Hot Chili Appoints Chief Financial Officer

Rhea-AI Summary

Hot Chili (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) has appointed Ryan Finkelstein as Chief Financial Officer (CFO), effective July 15, 2024. Finkelstein, a Chartered Accountant with over 14 years of experience, including 10 years in audit at Grant Thornton, replaces interim CFO Ms. Le Moignan. He brings extensive international experience and expertise in strategy, compliance, corporate governance, and risk management.

CEO Christian Easterday welcomed Finkelstein as a key member of the leadership team, praising his strategic thinking and financial acumen. Finkelstein will be eligible to participate in the company's short-term and long-term incentive plans. This appointment marks a significant addition to Hot Chili's executive team as the company continues to develop its operations.

Positive

• Appointment of experienced CFO with 14 years in finance and accounting
• New CFO brings expertise in strategy, compliance, and risk management
• CFO eligible for company's short-term and long-term incentive plans

Negative

• None.

PERTH, Australia, July 15, 2024 /PRNewswire/ - Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) ("Hot Chili" or "Company") is pleased to announce the appointment of Ryan Finkelstein as Chief Financial Officer (CFO) effective 15 July 2024. Mr Finkelstein will take over from Ms. Le Moignan who has been Interim CFO.

Hot Chili's Managing Director and CEO, Christian Easterday Comments

"Ryan is a well accomplished finance executive who is energetic and passionate and is a sound financial operator who thinks strategically. I look forward to working with Ryan and welcoming him as key member of the leadership team. I also take this opportunity to thank Deborah for her assistance over the past few weeks. Deborah remains with Hot Chili in her role as Financial Controller.

Mr Finkelstein's Background and Experience

Mr Finkelstein is a seasoned Chartered Accountant with over 14 years of experience, including 10 years in audit at global mid-tier accounting firm Grant Thornton. He has extensive international experience working across Asia and the United Kingdom providing finance and accounting services to several organisations." Mr. Finkelstein possesses significant leadership experience in strategy, compliance, corporate governance, risk management, accounting standards, and regulatory requirements.

Mr Finkelstein will be eligible to participate in the Company's short term incentive plan and long-term incentive plan.

This announcement has been authorised for release by the Company's Board of Directors.

This announcement is authorised by the Board of Directors for release to the ASX.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information please contact:

Christian Easterday Managing Director – Hot Chili	Tel: +61 8 9315 9009 Email: admin@hotchili.net.au
Carol Marinkovich Company Secretary – Hot Chili	Tel: +61 8 9315 9009 Email: admin@hotchili.net.au
Harbor Access Investor & Public Relations (Canada)	Email: graham.farrell@harbor-access.com Email: jonathan.paterson@harbor-access.com

or visit Hot Chili's website at www.hotchili.net.au

View original content to download multimedia:https://www.prnewswire.com/news-releases/hot-chili-appoints-chief-financial-officer-302196616.html

SOURCE Hot Chili Limited

FAQ

Who is the new CFO of Hot Chili (HHLKF)?

Ryan Finkelstein has been appointed as the new Chief Financial Officer of Hot Chili (HHLKF), effective July 15, 2024.

What is Ryan Finkelstein's background before joining Hot Chili (HHLKF)?

Ryan Finkelstein is a Chartered Accountant with over 14 years of experience, including 10 years in audit at Grant Thornton. He has extensive international experience across Asia and the United Kingdom.

When does Ryan Finkelstein start as CFO of Hot Chili (HHLKF)?

Ryan Finkelstein starts his role as Chief Financial Officer of Hot Chili (HHLKF) on July 15, 2024.

Who did Ryan Finkelstein replace as CFO at Hot Chili (HHLKF)?

Ryan Finkelstein replaced Ms. Le Moignan, who was serving as the Interim CFO of Hot Chili (HHLKF).