A data and analytics firm providing real–time transparency in commodity markets has appointed its first CFO.
Mark Cunningham joins Kpler from Wood Mackenzie, where he held the role of Vice President of Finance.
Kpler’s AI-enabled platform provides real-time data and analytics – such as global flows, storage and freight – on more than 40 products including crude oil, refined products, LNG, LPG, and dry bulk.
It helps its 5,500+ users better understand current and past trends, drive new opportunities, monitor competition and feed their own analytical models.
Cunningham, who has more than a decade of experience in finance, began his career in oil and gas mergers & acquisitions.
He will be responsible for driving the financial strategy, business performance and capital structure to support sustainable, long-term growth for the London-based business.
“I am thrilled to be joining Kpler, the market leader in global commodity data & analytics,” said Mark Cunningham.
“It has the perfect mix – the entrepreneurial journey, technology focus and exponential growth – this is what makes Kpler truly unique.
“In just seven years, with no external investment, François Cazor and Jean Maynier have bootstrapped the business to over $40 million in bookings, a truly exceptional achievement.
“Yet, excitingly, this is really only the start of what we aim to deliver over the coming years.”
Kpler now employs over 150 staff across nine locations globally.
Cazor said: “Mark’s appointment as Kpler’s first CFO is another important step in building an excellent senior management team to power our next phase of growth.
“Coming from Wood Mackenzie, he brings a deep level of financial expertise, combined with a wealth of leadership skills that will benefit Kpler greatly as we continue to grow at a very fast pace.”