November, 2025 | Updates
Firmus Expands Board of Directors Ahead of Growth
Sydney, Australia – November 21, 2025
Firmus Technologies today announced the appointment of Mike Ferraro to its Board of Directors as a Non-Executive Director, reinforcing the company’s governance as it enters a new phase of growth.
Ferraro brings more than 40 years of leadership across law, manufacturing, resources, and investment banking. He has served as CEO and Managing Director of Alumina Limited and Chief Legal Counsel at BHP Billiton. His experience spans joint ventures, large-scale transactions, regulatory, strategy, and cross-border corporate governance.
In addition to board roles across ASX-listed companies, Ferraro has deep experience in Australia’s resources and manufacturing sectors. He served as Chair of the Australian Aluminium Council and was a member of Manufacturing Australia, where he worked closely with government and industry to promote energy policy and sustainable manufacturing conditions.
“What drew me to Firmus is the calibre of the team and the scale of what’s being built,” Ferraro said. “This is a company coming into its own, growing quickly, manufacturing unique technology, and solving problems that matter on a national and global level.”
Ferraro brings firsthand knowledge of the energy challenges faced by large-scale industrial operations. “AI infrastructure is the new energy intensive industry,” Ferraro said.
Ferraro also spoke to the rapid evolution of the AI sector and the need for clear leadership as the industry matures:
“I’ve spent my career advising and leading businesses through periods of transformation. My focus here is to bring judgment and perspective, help anticipate the road ahead, and support the executive team in building something that endures.”
On the technology itself, Ferraro said: “AI is here to stay and can only get better. It’s going to take up a lot of space in our lives, both personal and professional, and I’m energised by the opportunity to contribute to a company that’s helping shape that future.”
Firmus also confirmed that board members Nick Curtis and Ted Pretty will step down at the end of the month. Both directors played pivotal roles in guiding the business from R&D through to operational scale.
“Nick and Ted provided highly valuable experience and perspective as directors throughout our first stages of growth. The Company thanks them for this contribution and for establishing a firm foundation of good corporate governance practice,” said Co-CEO Tim Rosenfield.
