This is the relevant paragraphs from the article in case the...

This is the relevant paragraphs from the article in case the link doesn't work for someone.

Centro Property Group chief financial officer Tony Clark has been recognised for his leadership on the company's debt renegotiation, which helped prevent its collapse.

Mr Clark's work with KPMG, which involved the negotiation of a three-year extension of Centro's $3.9 billion debt facilities and the conversion of $1 billion of debt into hybrid security, was the most significant transformation by a CFO last year, according to the Turnaround Management Association.

He also ensured that the majority of the once-stricken firm's US and Australian property portfolios were retained and over 1,400 jobs were saved.

Accepting the award on behalf of Mr Clark, KPMG partner Damian Templeton said he was "delighted to accept the award in an unparalleled year for global markets".