Chief Executive Officer and Managing Director of ASX listed company Ansell Limited until he retired in 2004 when the share price was $6. Today $15.50.
Joined Hastie Group in 2005, Chairman and Non-executive director. During his tenure has overseen the share price go from $1.50 to $4.75 through unsustainable growth, excessive debt and poor management. Eventually wound up in voluntary administration.
Tatts Group Limited Member of the Board since 31 May 2005 and now Chairman. During his tenure has overseen the share price go from $3 to $2.75 and lose the duopoly with Tabcorp for pokie machine operations in Victoria. Now suing the State Government.
PaperlinX Limited Member of the Board since May 2008 and now Chairman. During his tenure has overseen the share price go from $2.25 to $0.06, divested and sold off the majority of local manufacturing plants and now relies on low / no margin imports to survive. Recorded losses of $375 million for last 2 financial years.
Non-executive director of Toll Holdings Limited since November 2006. During his tenure has overseen the share price go from $11 to $4.60.
Non-executive director of Gale Pacific Limited from August 2005 to November 2009. During his tenure has overseen the share price go from $1.50 to $0.12.
Not bad for $500,000 Per Year !
HST Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
