iBase-t Taps Andrew Varghese as CFO to Scale Industrial AI Software

Varghese arrives at a critical juncture for the firm, which has spent nearly forty years developing software for manufacturing and maintenance operations. As aerospace and defense contractors grapple with the necessity of modernizing production lines, the company intends to leverage its private equity backing to accelerate platform innovation. CEO Naveen Poonian emphasized that the new financial leadership will be instrumental in translating these investments into sustained growth and deeper customer integration.

Before this appointment, Varghese served as CFO of Irth Solutions, where he managed a period of threefold revenue growth and steered the company toward a successful exit to a global growth equity firm. He brings a background in both private equity and executive operations, a combination iBase-t hopes will instill the financial discipline required to scale its Solumina platform. The company currently supports major industry players including Northrop Grumman, Rolls-Royce, and Pratt & Whitney, positioning its AI-native tools as a core component for firms attempting to navigate current supply chain and production pressures.