turnaround of the year - centro properties

Centro Properties was yesterday awarded the "Turnaround of the Year" award at the prestigious 2009 CFO magazine awards at a gala event in Sydney. CFO Tony Clarke accepted the award which was issued in recognition of the outstanding performance by management in turning around the fortunes of the embattled group from the brink of collapse. The awards will be reported in the next CFO magazine. The below link provides an overview of the awards:

http://www.cfoweb.com.au/events/CFOAwards2009/

This award was in addition to the Turnaround Management Award issued to Tony Clarke by the Turnaround Management Association in September per link below.

http://www.businessspectator.com.au/bs.nsf/Article/Centro-CFO-takes-out-Turnaround-Management-award-pd20090918-VZ6ZJ?OpenDocument&src=mp