NEWS

Bluestone Welcomes New CFO in Restructure of Executive Team

In a restructuring of our executive team, we are proud to welcome Todd Lawler as new Bluestone CFO.


Bluestone is thrilled to announce the recent appointment of Todd Lawler as CFO.

Commenting on the appointment, Bluestone CEO Campbell Smyth said, “We are absolutely delighted to welcome Todd to the team. His deep expertise in both the accounting and funding functions of the non-bank sector means he is uniquely qualified to steer the financial operations of the business as it continues on its current growth trajectory.”

Lawler brings over 30 years of experience to his role, including 18 years as a Chartered Accountant. He spent 9 years in multiple finance and executive roles at US-based non-bank GMAC-RFC, where his focus was on non-conforming lending across the US, Europe, Central America  and Australia. Most recently, he acted as Group Treasurer and Executive Director at Pepper Money, building the group treasury function and overseeing the lender’s funding arrangements.

As CFO, Lawler will oversee the Finance, Treasury, Credit, and Legal, Risk and Compliance functions of Bluestone with a view to build the high-quality financial infrastructure and lending program necessary to maintain its strong growth.

Lawler said, “It is a truly exciting time to join Bluestone, as the company is perfectly primed to take advantage of current market conditions. Its recent acquisition by Cerberus Capital Management means the business has the capital and capacity to be a key challenger in the non-bank sector and develop its offerings to meet the needs of even more Australian and New Zealand borrowers.”

Lawler has taken on a broader CFO remit from Mark Donovan, who will remain with the company in the role of Finance Director. In a broader reshuffle of the executive team, former General Manager Tim Miller moved into the role of COO, taking the reigns of all operational departments at Bluestone. Previous COO Peter Wood was re-appointed as Managing Director, New Zealand, off the back of the strong growth that the New Zealand business has experienced since re-launching in December 2017.

Smyth said, “The recent changes in our executive team reflect the evolving needs of our business as we expand our offering and reach in the Australian and New Zealand markets. Within our new leadership setup, we combine the specialist insight derived from decades of industry experience with the strategic accrumen necessary to successfully navigate changing markets and secure the long term success of our business.”