Nova Group has announced that group CEO Greg Hume has elected to step down from his role later this year, while the board undertakes the search for a new group CEO to ensure a seamless transition.
Jim Whalley, Nova's chair, acknowledged Hume’s contribution to Nova, having delivered significant business growth over the course of his tenure since taking over the group CEO role in 2016, with projections for this financial year of more than $200 million in revenue.
"Greg has been a valued part of the Nova family for 17 years and was a key founding member of the company as employee number 10. He has been instrumental in the growth of Nova and his stewardship over the past four years has created a firm foundation on which we can continue to pursue our growth aspirations," Whalley said.
Hume led Nova’s diversification and globalisation strategy, which resulted in Nova’s expansion beyond Australia and the UK into Asia, New Zealand and Europe, establishing trust and credibility with clients across a range of sectors.
Hume said he would always feel part of the Nova family and acknowledged that now was the right time to move on.
"This year marks 20 years of Nova and I look forward to seeing the new group CEO continue to harness the entrepreneurial spirit of our company as Nova embarks on this next exciting phase of its growth strategy and continues to solve the problems that really matter," Hume added.
He added, "I’ve been fortunate to have been a part of the Nova family, working with incredibly smart and dedicated people and am proud we have been recognised for a number of years as one of the 'Top 50 best places to work' and 'Top 50 Most Innovative Companies' in Australia, along with a 'Best place to work' in Asia and the UK."
Hume will continue to work closely with the board and executive leadership team and will assist with the transition to the new group CEO over the coming six to nine months.
Nova Group is an Australian owned and operated global services provider. Founded in 2000, Nova’s businesses include professional services provider Nova Systems, aerospace engineering firm GVH Aerospace, geospatial firm Geoplex, and software as a service firm two10degrees. With over 600 employees, Nova operates in offices across Australia, New Zealand, south-east Asia, the UK and Europe.