iBase-t Names Andrew Varghese CFO to Support Aerospace and Defense Software Growth – citybiz

iBase-t Names Andrew Varghese CFO to Support Aerospace and Defense Software Growth  citybiz

iBase-t has named Andrew Varghese chief financial officer, adding an industrial software and private equity veteran as the company increases… Read More iBase-t has named Andrew Varghese chief financial officer, adding an industrial software and private equity veteran as the company increases investment in its manufacturing platform and artificial intelligence capabilities for the aerospace and defense market. Varghese joins iBase-t with more than a decade of experience as a private equity investor and operating executive in the industrial software-as-a-service sector. He will help strengthen the company’s financial and operating infrastructure as iBase-t pursues its next phase of growth. The appointment comes as aerospace and defense manufacturers invest in production capacity, supply-chain resilience and digital modernization to meet growing industry demand.

“We see a substantial opportunity ahead as aerospace and defense companies invest in greater production capacity, operational resilience, and digital modernization,” iBase-t CEO Naveen Poonian said. “Andrew brings the financial leadership and experience to help us translate those investments into platform innovation, deeper customer relationships, and sustained business growth.” Varghese most recently served as CFO of Irth Solutions, an industrial software company serving critical infrastructure operators. During his tenure, Irth Solutions more than tripled its annual recurring revenue while maintaining strong profitability and ultimately completed a sale to a global growth equity firm. His broader experience includes working with founders