Houston, TX – January 30, 2024 – Continuum Powders, a leader in sustainable, high-performance metal powders for advanced manufacturing, is pleased to announce the
appointment of David Boersma as Chief Financial Officer (CFO). In this role, David will oversee the company’s Finance and Accounting functions, contributing his extensive expertise in operational and corporate finance to drive the company’s growth and innovation.
David brings over 30 years of experience in the Energy Services, Mining, and Manufacturing industries, having worked in both privately held and publicly traded organizations. His career includes leadership roles at companies such as Freeport-McMoRan Copper & Gold, Honeywell, Waste Management, and GE. His global experience spans the United States, Brazil, Europe, and Asia, offering a unique international perspective that aligns with Continuum Powders’ strategic goals.
Most recently, David served as CFO at Stage Completions, a PE-backed leader in proprietary intervention-less sleeve completion systems, where he played a pivotal role in enhancing financial performance and governance as well as operational efficiency. Prior to that, he was CFO for Foro Energy, a VC-backed oilfield service technology company.
“David’s proven track record in financial leadership and his strategic approach to navigating dynamic, fast-paced environments make him an invaluable addition to our team,” said Rob Higby, CEO of Continuum Powders. “His expertise will be instrumental as we continue to expand our global footprint and deliver innovative, sustainable solutions to our customers.”
Echoing this sentiment, Rizk Ghafari, COO of Continuum Powders, highlighted the alignment between David’s expertise and the company’s strategic goals: “David’s deep understanding of global markets and operational finance is a perfect match for Continuum’s vision. His leadership will not only strengthen our financial foundation but also help us achieve our long-term goals as we scale our operations and maintain our commitment to sustainability.”
Beyond his professional accomplishments, David is deeply involved in his community, in Houston. He holds an MBA from Tulane University and a Bachelor of Science in Business Administration from the University of Kansas.
For more information on Continuum Powders’ products and service details, visit www.continuumpowders.com.
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About Continuum Powders
Continuum Powders is the leader in high-performance, sustainable metal powders with locations across the United States and Singapore. Continuum is the creator of The Greyhound M2P (melt to powder) Platform, a patented cradle-to-cradle process of recycling alloyed metal waste-stream products into powder in a single processing step. The platform affords customers the same high-quality spherical metal powder they use today while contributing significantly to their decarbonization and sustainability programs by utilizing Continuum Powders’ nearly carbon-free powder materials.
Continuum Powders is the only company that can combine industry-leading quality with extreme alloy flexibility, supply chain independence, and cost competitiveness while dramatically reducing carbon footprint versus traditional powders.
About Ara Partners
Ara Partners is a global private equity and infrastructure investment firm focused on industrial decarbonization. Founded in 2017, Ara Partners seeks to build and scale companies with significant decarbonization impact across the industrial and manufacturing, chemicals and materials, energy efficiency and green fuels, and food and agriculture sectors. The company operates from offices in Houston, Boston, Washington, D.C., and Dublin. Ara Partners closed its third private equity fund in December 2023 with over $2.8 billion in capital commitments. As of December 31, 2023, Ara Partners had approximately $6.2 billion of assets under management.
For more information about Ara Partners, please visit www.arapartners.com.
Media Inquiries:
Amir Iliaifar – Marketing Communications Director
Continuum Powders