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EOS appoints former Speedcast executive as CFO

EOS appoints former Speedcast executive as CFO

Electro Optic Systems has appointed a new chief financial officer, based in the company’s Canberra head office.

The move comes as EOS’ space-focused subsidiary, SpaceLink, has recently begun working with Defense Advanced Research Projects Agency (DARPA) and the US Army on the development of a new military satellite communications system.

EOS has confirmed the appointment of Clive Cuthell to the position of chief financial officer (CFO), reporting directly to the chief executive officer Dr Andreas Schwer.

Already, Cuthell has served as the CFO of various ASX-listed and multinational corporations, across manufacturing, industrial, satellite communications and fast-moving consumer goods.

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His previous roles have seen him work across a number of international markets, including North America, Europe and Asia. He is a member of Chartered Accountants of Scotland, Chartered Accountants of Australia and New Zealand and the Australian Institute of Company Directors.

Cuthells time as CFO of Speedcast, an Australian satellite communications provider, positions him well to take on the role at EOS.  

He currently serves as a non-executive director of Learning Links, a not-for-profit that helps prevent learning difficulties from later causing disadvantage.

His new role at EOS will see Cuthell oversee the company’s finance function, managing EOS’ finance teams and collaborating with senior leaders to deliver financial growth.

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“Given the breadth and variety of EOS’ global activities, the company has a strong need for robust fiscal governance. We consider that Clive has the expertise and experience required to ensure that our corporate goals are well supported by effective financial decision making,” EOS CEO Dr Schwer said.

Cuthell said that he was looking forward to helping deliver the next phase of the company’s growth.

“The EOS business has significant potential, and I look forward to joining the team and helping to realise the next phases of the company’s global growth,” he explained.

Earlier this year, EOS became the 20th partner of SmartSat CRC, a consortium of Australian businesses committed to developing the next generation of space technologies. The company joined as a core partner, allowing them to direct research projects and nominate new members.

Liam McAneny

Liam McAneny

Liam McAneny is a journalist who has written and edited for his University International Relations journal. He graduated with a Bachelor of Arts (International Relations) and Bachelor of Laws from the University of Wollongong in 2021. He joined Momentum Media in 2022 and currently writes for SpaceConnect and Australian Aviation. Liam has a keen interest in geopolitics and international relations as well as astronomy.


Send Liam an email at: [email protected]

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