Arcobi names Scott Neate CFO

By AI, Created 5:02 PM UTC, May 18, 2026, /AGP/ – Arcobi promoted Scott Neate to chief financial officer as the Calgary-based energy intelligence platform pushes deeper into North American power markets. Neate will oversee finance, accounting, treasury and strategic planning after joining the company in 2022 and helping build its financial infrastructure through a corporate rebrand and growth phase.

Why it matters: - Arcobi is adding a finance leader with direct experience in energy markets as the company scales its platform across North American electricity markets. - The CFO role will help shape corporate finance, capital planning and internal controls during Arcobi’s next growth phase.

What happened: - Arcobi promoted Scott Neate to chief financial officer, effective May 15, 2025. - Neate joined Arcobi in November 2022 as vice president of finance. - Arcobi operates from Calgary, Alberta, and was formerly known as Arcus Power. - CEO Dan Erhardt said Neate was central to building and managing the business.

The details: - Neate built Arcobi’s financial infrastructure during a period of operational growth and the company’s transition from Arcus Power to Arcobi. - He drove revenue growth and led financing activities that helped shape Arcobi’s market position. - As CFO, Neate will lead corporate finance, accounting, treasury and strategic planning. - Neate brings more than 20 years of senior finance experience across energy, healthcare and financial advisory sectors. - Before Arcobi, he was head of finance at a publicly traded energy company with operations in multiple international markets. - In that role, he oversaw the full financial cycle and contributed to corporate planning and capital strategy. - He has also held CFO and finance leadership roles in healthcare and advisory firms. - His work has focused on mergers and acquisitions, financial reporting, internal controls and scaling finance functions in growing organizations. - Neate holds a Bachelor of Commerce in Accounting from the University of Alberta. - He holds CPA designation from Chartered Professional Accountants of Alberta. - He earned his CFA charter from the CFA Institute in 2016. - Arcobi serves energy traders, independent power producers and large energy consumers across North American electricity markets. - The platform offers real-time and forward-looking data, AI-driven forecasts and automated dispatch solutions. - Arcobi says those tools help market participants act faster on critical insights and reduce risk. - More information is available on Arcobi’s website. - Arcobi also links to its LinkedIn page and X account.

Between the lines: - The promotion signals Arcobi is prioritizing financial discipline alongside growth as it competes in energy-market software. - Neate’s background in capital strategy, M&A and public-company finance suggests the company wants leadership that can support expansion and future financing needs.

What’s next: - Neate will take charge of finance operations as Arcobi continues building its business in North American power markets. - The company is likely to lean on his experience to support strategic planning, stakeholder value creation and continued growth.