ANCA Appoints New Group CFO

ANCA, a global provider of CNC grinding technology, automation solutions, and motion controls, has announced the appointment of Christopher Weaver as Chief Financial Officer (CFO) for the ANCA Group. This leadership change occurs as ANCA continues to invest in new technologies aimed at enabling manufacturers to produce high-quality cutting tools competitively.

Weaver brings over 25 years of senior leadership experience from various sectors, including engineering, industrial manufacturing, and financial services. His background includes roles at global companies such as Fluidra, Keller, Downer EDI, Members Equity Bank, and Medical Developments International, along with a partnership at Deloitte. His experience encompasses global business transformations, ERP implementations, international expansions, and M&A initiatives.

Commenting on his appointment, Weaver acknowledged ANCA’s heritage and reputation for innovation. He noted the impact of rapidly changing technology and AI on all aspects of ANCA’s business, emphasizing the challenge of investing to evolve business models and leverage new opportunities.

As CFO, Weaver is expected to focus on enhancing ANCA’s performance through commercial and operational excellence, refining processes to maintain the company’s agility and competitiveness.

Martin U. Ripple, ANCA Group CEO, expressed enthusiasm for Weaver’s appointment, highlighting his deep financial insight, strategic mindset, and people-focused leadership style. Ripple stated that Weaver's ability to contribute beyond financial figures will be valuable as ANCA expands globally.

This transition also coincides with the retirement of Gary Ward, who served as ANCA’s CFO for the past 13 years. Ward is recognized for his leadership in guiding the company through a period of substantial growth and transformation.

ANCA is currently investing in next-generation technologies, expanding its global customer base, and integrating AI into its systems. Weaver’s appointment is positioned to support the company’s focus on sustainable, strategic growth, aiming to continue delivering innovative solutions for cutting tool production worldwide.