Stone & Chalk refresh: New CEO to drive new growth

James Riley
Editorial Director

The not-for-profit startup co-working space and accelerator Stone & Chalk Group will embark on the next phase of growth with the appointment of a new chief executive officer Michael Bromley.

An experienced digital transformation, innovation, and financial services exective, Mr Bromley was most recently the Asia Pacific managing director for NYSE-listed “experience transformation” specialists Rightpoint.

He has also held executive roles at IAG, Telstra, SMS Management and Technology, and nbn Company.

Michael Bromley
Stone & Chalk chief executive officer Michael Bromley

Mr Bromley says his role will be to drive the next phase of growth for the organisation. That’s growth into new geographic markets, and new industry markets, and to offer a new and broader set of support services and partnerships to entrepreneurs, startups and scale-up businesses.

“One of the reasons that I was selected is that I do have experience in commercialising large-scale operations,” he said.

“So, I think the whole point is to continue the growth trajectory and to scale ourselves up, the way we would help our residents to scale and to have more impact.

“Really, it’s just the next phase, the next logical next phase of where the business is growing.”

Mr Bromley officially takes up the new role on Monday October 25, taking over from the out-going founding-CEO, Alex Scandurra.

“The intent here is to extend our impact and to extend our reach. And that means going beyond the resident program – and extending that program – and looking at creating new opportunities for new entrepreneurs,” Mr Bromley said.

The Stone & Chalk future was more of the same – but with broader and deeper programs and partnership to support startup and scaleups from a broader set of industries.

“We will be working with government of course as a partner, but also looking for different types of partnerships, and trying to spread the ability of the organisation into new corners and new reaches,” he said.

Stone & Chalk chair Leona Murphy said the board was “thrilled” to have secured Mr Bromley’s services.

“Mr Bromley brings formidable experience in innovation, transformation and technology commercialisation to the Group CEO role,” Ms Murphy said.

“His experience in senior leadership roles, along with his proven ability to develop and lead national strategies for critical technology-focused organisations, made him a unanimous choice to lead the Group,” she said

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