Janus Electric Holdings Ltd (ASX:JNS) has appointed Ton van Hoof as chief financial officer, with the role taking effect from March 23, 2026.
Van Hoof joins the company with more than 20 years of finance leadership experience across listed and private businesses in the transport, aviation, technology and payments sectors. Most recently, he served as CFO and deputy CEO of A2B Australia Ltd, where he was involved in the company’s turnaround, delisting and acquisition.
His background includes capital management, funding strategy and operating in listed and regulated environments, with Janus highlighting his experience across treasury, banking and funding relationships, as well as acquisitions and business integrations.
At A2B, van Hoof also helped drive corporate strategy and finance transformation initiatives, contributing to improvements in profitability, cash flow and balance sheet strength. The company said he had also implemented data-driven performance frameworks designed to improve accountability and operational performance across the business.
“I am pleased to welcome Ton to Janus at a pivotal stage of the company’s development. His experience in capital management, transformation and governance, combined with a strong commercial focus, positions him well to support Janus as we scale our operations and accelerate commercial deployment,” JNS CEO Ben Hutt said.
Van Hoof holds a Bachelor of Business Administration and a Master of International Business. He is a member of the Institute of Chartered Accountants in Australia and New Zealand and a graduate of the Australian Institute of Company Directors.
His career has included senior roles at A2B Australia, IRI Group and international airlines, with experience spanning Australia, New Zealand, North America, Europe and Asia.
He replaces Phil Hempenstall, who will remain with Janus until April 2, 2026, to support the transition.
“I am excited to join Janus Electric at such an important stage in its growth journey. The company’s unique technology and value proposition in decarbonising heavy transport presents a compelling opportunity. I look forward to working with the board, Ben and the broader team to strengthen the company’s financial position, support scalable growth, and access to capital to execute on Janus’ strategy,” Van Hoof said.
Janus Electric flags 5-year pathway to electrify Australia’s heavy truck fleet
Janus says Australia’s heavy freight fleet could be electrified in as little as five years by converting existing diesel trucks to electric during normal engine replacement cycles rather than replacing whole vehicles.
The model could materially reduce both the cost and time typically associated with freight decarbonisation, challenging assumptions that the shift to electric heavy transport would take decades.
Australia has more than 128,000 articulated heavy trucks in operation, with engines generally replaced every five years. On that basis, around 20% of the fleet undergoes engine renewal each year.
Janus said fitting electric drivetrains at that point in the maintenance cycle could allow the national fleet to transition within the same five-year timeframe.
Hutt said the analysis highlighted a faster and more economical pathway for electrifying heavy freight.
He said the transition was often viewed as requiring full fleet replacement, making it appear both slow and prohibitively expensive, but Janus’ analysis showed conversion at the normal diesel engine replacement point could accelerate the process and lower the cost substantially.