Woolf will report directly into CEO Jo Wetz and will join Element’s main board.
He brings over 30 years of financial leadership in the consumer, technology, and tech-enabled services industries and has held a wide range of executive roles in both private equity backed and listed businesses.
Woolf’s experience in private equity backed companies includes tenure as CFO and COO for CPA Global, a US$7 billion IP platform business that is now part of Clarivate plc, and CFO for the Automobile Association, the UK’s largest motoring organization. He has also been CFO for public companies including facilities management company Mitie plc, and more recently Cazoo, a European marketplace for used cars. His earlier career was spent in leadership roles at companies including Dell Technologies, Jardine Matheson, and PwC.
“We are thrilled to welcome Paul to the Element team,” said Wetz. “He has built his career around driving a strong growth agenda and brings extensive international experience and strong leadership qualities. This combination makes him the perfect CFO to guide us through our next phase of growth.”
Woolf added: “This is a very exciting time to be joining the Element leadership team as we seek to expand our testing capabilities in some of the fastest-growing sectors around the world. I look forward to bringing my experience, knowledge and insights to the role and being part of this ambitious company’s ongoing growth story.”
Woolf holds a BA in Philosophy, Politics & Economics from Oxford University, and is a qualified Chartered Accountant (ACA).