“Avelli is preceded by its reputation, and I embrace the opportunity to bring my skills and experience to a company that has such a commanding presence in its field,” Maytubby said. “I look forward to working with the Avelli team and helping the company grow over the next several years.”
As CFO, Maytubby will be responsible for maintaining Avelli's overall financial framework. He brings more than 26 years of finance management to the position, having most recently served at Solix Biofuels, Inc., where among other accomplishments he placed $16.5 million of private equity financing with tier one strategic and venture capital firms.
Prior to that, Maytubby served as CFO of The Broe Companies, Inc., an international investment, acquisition and operational enterprise, where he successfully negotiated transactions totaling more than $660 million.
“The CFO is a critical role in any company, and we at Avelli are fortunate to have found such a strong candidate with a proven track record of stellar financial leadership,” said Randall Hughes, Avelli’s president and CEO. “I am excited to welcome David to the Avelli team, and I am confident that his expertise and performance will be paramount to Avelli's financial strength and growth.”