True, he was also a kiwi.
In September 2008 he became the CEO of Futuris Corporation that changed its name to Elders Limited in April 2009. During his tenure he initiated a significant business restructure and change in strategic direction focussing the group operations on its core agribusinesses. Elders transformed itself into one of Australia’s largest Agribusinesses having divested its Automotive business and successfully wound down its Forestry operations as well as divesting a significant number of non core or underperforming assets. This was achieved despite the company being under significant pressure with an over geared balance sheet and constrained working capital.
ELD General Discussion, page-9
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