Fala, a former VP strategy and CFO at Vend, joined the company after stints with some of New Zealand’s top companies, including as an executive member at Trade Me, Les Mills International, and Orion Health.
Prior to that he was a management consultant at McKinsey and attended Oxford University as a Rhodes Scholar, only the second person of Pacific Island ancestry to receive the scholarship.
Fala has been acting chief executive since Vend founder Vaughan Rowsell stepped aside from the position in February to focus on his role as chief product officer.
"A few months in and it’s one of the best decisions I’ve made. We conducted a global search and recruitment drive but it quickly became clear that Alex was the right person to take the helm for our next phase.”
Fala said Vend had an opportunity to be a “global leader in our category and one of the great businesses coming out of New Zealand. We’re so well placed with the right team, product and partners. It’s been incredible to be part of the Vend journey so far and I’m raring to go in my new role”.
“It’s such an exciting time for Vend. We are still in the early days of a transformation in retail, enabled by the cloud. With Vend adding high-profile customers such as Jurlique and partnering with the likes of Apple and Xero we’ve never been better placed to drive that trend. The team here are looking forward to changing the lives of thousands more retailers around the world.”
Fala’s appointment is the latest in a series of appointments to Vend’s executive team and board to further prepare the company for the next stages of international growth.
Recent appointments include Darryl Robinson (CFO) and Pene Barton (chief people officer) to Vend’s executive team following time at NZ-based cloud accounting software vendor Xero, and Ben Gracewood promoted from within to chief delivery officer. Sam Morgan was also appointed to the board with Barry Brott also becoming chairman.