NEWS & INSIGHTS
July 3, 2023 • News management
PPHC Announces Chief Financial Officer Succession; Roel Smits Elevated
PPHC is pleased to announce that, as part of its executive officer succession planning, Roel Smits has been appointed as Chief Financial Officer with immediate effect.
Founding CFO Bill Chess remains on the Board as Executive Director and will assume the new position of Chief Administrative Officer, reporting directly to the CEO, where he will drive internal efficiency and collaboration.
Roel joined PPHC in May 2022 as Deputy CFO. He has previously acted as CFO at Kantar, the data analytics and brand consulting company owned by WPP and Bain Capital, most recently for Americas and prior also for Asia-Pacific and Africa. Prior to that, he performed senior roles at WPP (Senior VP of Corporate Development) and Dutch private equity family office HAL Investments BV. Roel has a Masters in Finance from London Business School, as well as a Masters in Economics from Erasmus University Rotterdam and an MBA in Marketing from Michigan State University.
It is the intention that Roel will join the Board in due course subject to completion of customary due diligence and regulatory procedures.
“The appointment of Roel to the position of CFO and of Bill to the new position of Chief Administrative Officer is the result of careful succession planning and adds additional strength to the executive team. Since our IPO in December 2021, we have created a business delivering revenues of over $100m with strong EBITDA margins between 25% and 30% and we are looking forward to building on this progress in the coming years.“
-Simon Lee, Chairman, PPHC
“I am delighted to take on the role of PPHC’s CFO as we continue to deliver our clearly stated strategy and benefit from the ever-increasing importance that corporates globally are placing on government relations and public affairs. In addition to continued organic growth, PPHC is actively in discussions with a number of potential acquisition targets, both in the US and internationally – I am excited by the potential for significant growth that lies head for the Group. With deepest respect I thank my predecessor Bill Chess for all he has done for PPHC since its inception in 2014.”
-Roel Smits, CFO, PPHC
“Being part of the team that has propelled PPHC into becoming the largest provider of federal lobbying services in the US continues to be an incredible journey. I’m looking forward to working in my new role to drive internal efficiency and collaboration as we deliver on our organic and acquisitive growth plan.“
-Bill Chess, Chief Administrative Officer, PPHC