Alterra Group of Companies Welcomes New CFO Amid Growth Phase

Alterra Group of Companies, a prominent real estate developer in the Greater Toronto Area (GTA), announces the appointment of Malai Muthu as its new Chief Financial Officer. Muthu succeeds Sharon Gerwitz, who transitions to the role of Vice President of Finance after a distinguished tenure as CFO.

Bringing over two decades of extensive experience in finance and accounting, Muthu joined Alterra in September 2022, demonstrating a multifaceted skill set encompassing risk management, budgeting, and strategic planning. His appointment, effective January 1st, signifies a strategic move for Alterra as it embarks on its next phase of growth and evolution.

In a statement, Stuart Wilson, President of Alterra, expressed confidence in Muthu’s ability to steer the company’s financial strategies toward sustainable growth and value creation. Wilson highlighted Muthu’s remarkable contributions to Alterra over the past year, underscoring his suitability for the CFO role.

Muthu, in turn, articulated his commitment to leveraging advanced financial strategies to drive Alterra’s growth trajectory and enhance stakeholder value. Acknowledging the solid foundation laid by Alterra’s leadership team, including CEO Rob Cooper, founder Richard Cooper, and President Stuart Wilson, Muthu emphasized his eagerness to build upon their legacy.

As Alterra embarks on this new chapter with Muthu at the financial helm, stakeholders anticipate continued innovation and strategic initiatives that will further solidify the company’s position as a leader in the GTA’s real estate landscape.

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