What executive management change did Atturra (ASX:ATA) announce?

Atturra (ASX:ATA) announced that Kunal Shah has been appointed as its new Chief Financial Officer, effective 6 July.

How is Atturra (ASX:ATA) managing the CFO transition to minimise risk?

To ensure a smooth and low-risk transition, retiring CFO Herb To will remain with the company until 1 September. This overlapping period allows him to support the leadership team while Kunal Shah handovers into the executive position.

What is Kunal Shah’s history and experience with Atturra (ASX:ATA)?

Kunal Shah has been with Atturra since its inception and actually served as the company's CFO prior to its initial public offering (IPO) in 2021. After the listing, he moved into roles as company secretary and head of mergers and acquisitions.

Why does Kunal Shah’s background in mergers and acquisitions matter for Atturra (ASX:ATA)?

As the former head of M&A, Kunal Shah directly drove Atturra's strategic acquisition programme. His return to the CFO role signals that management remains highly focused on growth through corporate acquisitions and integration.

How did the market and Atturra (ASX:ATA) share price react to the CFO announcement?

At the time of the announcement, Atturra’s share price was trading at $0.44. Because the transition was planned following Herb To's retirement notice in March, the news represents an orderly internal succession rather than an unexpected shock.

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Atturra appoints Kunal Shah as new CFO

Q: What is the medium-term investment thesis for Atturra (ASX:ATA) following this news?

The investment thesis remains anchored on growth, with stability enhanced by an insider appointment. CEO Stephen Kowal noted that because Shah and To have worked together for years, the company is well positioned to enter its next growth phase without operational disruption.

Written by Isaac FrancisPublished Jun. 1 2026

Atturra (ASX:ATA) appointed Kunal Shah as its CFO, effective July 6.

The transition follows an extensive formal search process initiated after current CFO Herb To announced his intention to retire on March 9.

To ensure a smooth, low-risk, and orderly transition, To will remain with the company and continue to support the leadership team until Sept. 1.

Shah is a highly respected member of the executive team who brings a wealth of financial, strategic, commercial, and operational experience to the position.

Having been with Atturra since its inception, he previously served as CFO prior to the company’s public listing in 2021.

He subsequently took on the responsibilities of company secretary and head of mergers and acquisitions, driving the group's strategic acquisition programme.

Atturra CEO Stephen Kowal expressed high confidence in the appointment, praising Shah’s unique combination of deep financial capability and detailed knowledge of the business.

Kowal noted that because Shah and To have worked closely together for many years, the company is exceptionally well placed to enter its next phase of growth.

Kowal extended his gratitude to the retiring CFO, acknowledging To’s significant contributions since 2022.

At the time of reporting, Atturra’s share price was $0.44.