XOi, a major provider of technician-focused technology solutions, has selected Ethan Halliwell as the company’s new Chief Financial Officer (CFO).
In his new role, Ethan Halliwell, an experienced SaaS executive who has spent his career modernising finance operations and building businesses for rapid, scalable growth, will lead XOi’s financial operations as it continues to grow and transform the digital landscape for skilled trades industries.
Digital platform
“XOi’s commitment to innovation in the essential skilled trades is driving tremendous growth and opportunity,” said Ethan Halliwell.
He adds, “Our unique digital platform empowers the hard-working men and women in the field service industries with the solutions they need on the job and enhances productivity and revenue for contractors. I’m proud to be in a position to help XOi continue to grow, maximising opportunities for tradespeople and business owners as their industry evolves.”
Vast industry experience
At BlueConic, Halliwell helped streamline back-office operations and build out the FP&A function
Before joining XOi, Halliwell served as CFO at BlueConic and ServiceChannel. At BlueConic, he helped streamline back-office operations and build out the FP&A function immediately following a majority investment from a global private equity leader.
During his time at ServiceChannel, the company’s annual recurring revenue increased from $12 million in 2014 to over $100 million in 2021.
Leadership and expertise
“Ethan brings a wealth of experience and insights as we continue to navigate the evolution of our industry,” said Aaron Salow, Founder and CEO of XOi.
He adds, “He’s playing an integral role in our continued success, and his financial leadership and expertise will help drive XOi’s strategy as we grow and continue to deliver unmatched innovation and value to our customers and partners.”
Managing and leveraging data
XOi provides field service contractors and their teams the premier tool for managing and leveraging data from current jobs as well as historical projects, including powerful data collection, virtual support and mentoring, and real, actionable insights.
XOi users report, on average, a 20% reduction in the amount of time it takes to complete tasks, an additional $1.4 million in new replacement and preventive maintenance contract revenue, and a 40% reduction in second truck rolls.