People on the Move

EY adds six Aussies to Asia-Pac entrepreneurs program

SIX Australians were selected to take part in EY’s 2016 Asia-Pacific Accelerating Entrepreneurs program in May.

EY selected 16 high-potential, technology-focused start-up entrepreneurs from across Asia-Pacific for its Accelerating Entrepreneurs program, aimed at helping them to scale their businesses through support, expert guidance and networking opportunities.  

The Australian entrepreneurs selected included Charlotte Petris from Timelio – an online marketplace for trading invoices which enables businesses and growing SMEs to get paid faster to help them grow their businesses – and Alison Hardacre from HealthKit, a global health software platform for private practitioners and patients or health consumers, digitizing the health sector and building a global health data set.

Chris King participated from Splend, a vehicle rental company for drivers who want to participate in the on-demand economy revolution but don’t have a compliant vehicle; as did Carolyn Mee from cmee4 Productions, developer of Sound Scouts, a revolutionary game created to detect hearing loss in preschool children. 

Alli Baker took part from from Workible, a human resources technology company powering the largest connected job network in Australia and using real-time data to match candidates and employers. Also taking part was  James Fitzgerald from Moneyball, said to be Australia's first and largest Daily Fantasy Sports (DFS) platform.

The entrepreneurs, from Australia, New Zealand, Singapore, Hong Kong, mainland China and Mongolia participated in EY’s Strategic Growth Forum China in Shanghai on May 11-12.

“The potential for entrepreneurs to add enormous economic value and change the way we work is at the heart of EY’s commitment to entrepreneurship and our support for start-ups in Asia-Pacific seeking to scale their growth.,” EY Asia-Pacific Strategic Growth Markets leader Michael Anghie said.

“Today’s disruptive digital economy offers unprecedented opportunities for early-stage entrepreneurs to enter new markets and transform business models, but it raises the potential of significant challenges too. We will mentor and provide support to these entrepreneurs to fast-track the execution of their business plans. 

“Attending the EY Strategic Growth Forum China event will give our entrepreneurs access to an unrivalled network of professionals ready to help them navigate potential pitfalls and capitalize on growth opportunities.”

www.ey.com

 

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Deakin distinguished fellow: IPA's Andrew Conway

INSTITUTE of Public Accountants (IPA) chief executive officer, Andrew Conway has been presented with a Vice-Chancellor’s Distinguished Fellow award by Deakin University.

The award citation recognises Mr Conway’s talent and commitment to the education sector. The award also bestows responsibility on the recipient to "work with the vice-chancellor to assist Deakin University to prosper and grow over the next two years". 

As a Distinguished Fellow, Mr Conway will be expected to: Act in a strategic/advisory capacity to the vice-chancellor and senior constituents in the Fellow fields of distinction; engage with alumni, community or industry leaders in themes chosen by the university, and who are important to the University’s growth and reputation; act as an ambassador for Deakin in the community and industry; meet bi-annually with the vice-chancellor, vice-president and chief advancement officer and other Distinguished Fellows.

“Deakin is delighted Prof Conway is among this year’s Vice-Chancellor’s Distinguished Fellows, a truly important group who we hope will support our focus of supporting the communities we serve,” said Deakin University Vice-Chancellor Professor Jane den Hollander.

“Just last year, Professor Conway received our Young Alumni of the Year Award, and his success in his field is a credit to his commitment and talent,” Prof. den Hollander said.

“On behalf of the IPA board of directors, I would like to congratulate Andrew for this important appointment and well deserved recognition,” IPA president, Wendy Leegel said.

“Andrew has always been very committed to the education sector here and internationally, including his current professorial appointments both in Australia and overseas."

publicaccountants.org.au

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Tracey Jewel: Don’t mess with the Goddess

SHE HAS APPEARED on Oprah, started and sold a string of successful businesses, won multiple awards, is a professional speaker and now she’s sharing her story and life learnings in her new lifestyle guide for the millennial woman, poignantly titled: Don’t Mess With the Goddess.

Australian socialite Tracey Jewel bares her soul in this book in the hope it will help others, by sharing deeply personal issues, including her struggle to overcome an emotionally and physically abusive relationship, and her journey from goddess to party girl and back again. 

Ms Jewel, who regards herself as a ‘Goddess’ and believes more women should, claims her new book is “the ultimate empowerment guide for millennial women to establishing independence, finding success, and a truly satisfying life”.

“When you come out on the other side after going through very difficult times, nothing seems so bad. You will see a brighter rainbow than many people do,” she said.

Ms Jewel found her love of the female spirit early in life, when at 14 she bought her first book on femininity. This led to a lifelong passion for literature and all things feminine that would see Tracey Jewel quickly build her first successful business, with a major bookstore purchasing her website within a few short years.

Since then Ms Jewel has run several successful business ventures including a bookstore of her own and even a spa retreat. Ms Jewel’s knack for business strategy and her ‘hard work breeds success’ mentality has seen her quickly strut her way up the corporate ladder.

“My entrepreneurial mind allows me to transform ideas into successful ventures,” said Ms Jewel, “I am devoted to staying on top of current trends and marketing techniques for my clients benefits.”

Tracey Jewel’s successes and failures have all been in the public spotlight, having been in a number of high profile relationships, including with Channel 10’s The Bachelor Blake Garvey, Adultshop.com founder Malcolm Day and property developer Luke Saraceni. 

Ms Jewel has been in the spotlight both here in Australia and the US and goes to show that issues can crop up in any relationship and in anyone’s life.

She has also been very vocal on topics empowering women to be successful and to fight for what they want out of life.

Tracey Jewel won the NEIS Small Business Award in 2008 and was runner-up for the St George Start Up Awards in 2013.

In 2011 she appeared on the Oprah Winfrey Show, discussing the stresses and guilt of being a busy working mum and how to find the balance between successful business woman and motherhood, an internal battle many millennial women face on a daily basis.

Ms Jewel was then asked to be a regular presenter for the Mind Body Spirit and Everywoman Expo. It was from these appearances that Tracey Jewel realised her talent for motivating women to take action. That, coupled with her bold writing style and popularity, has seen her start to empower women all over the world.

Don’t Mess with the Goddess looks at a series of reflections from Ms Jewel’s highly popular weekly blog that currently attracts over 65,000 strong women from around the globe. The book offers her readers not only her own personal journey of how she transformed her life, but stories and guidebooks on discovering, embracing and inspiring a life a Goddess loves to live – as well as a few rules for living, including:

▪      How to make karma your bitch.

▪      Why what you do is who you are.

▪      What to do when you doubt everything.

▪      How to get on the fast track to what you want.

As a business powerhouse, Ms Jewel’s refreshing and candid stories of overcoming her abuser and taking back control of her life will open the eyes of many women “and is another reminder of why women need to have each other’s backs!” she said.

Ever popular on social media are hashtags and memes pointing out the women who choose not to support other women and Ms Jewel is passionate about breaking that trend. She has dedicated much of her adult life to empowering other women and is a role model for women worldwide.

On top of all this, running multiple businesses, presenting at events and writing best-sellers, Tracey Jewel is a doting mother to her young daughter and believes she is an example of the saying, ‘you can have it all’.

This socialite, businesswoman and mother said “the secret” is in her book, “It’s all about finding the right balance for a truly satisfying life for you”.

http://www.traceyjewel.com

 

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Former Telstra boss David Thodey chairs CSIRO

EXTRA >> AUSTRALIAN businessman and former Telstra CEO David Thodey is to chair the CSIRO for the next five years.

Mr Thodey said, “I feel privileged and honoured to be asked to contribute to the future of the CSIRO – an outstanding community of researchers and scientists. 

“We, as a nation, have an important opportunity to collaborate across the research community and industry to improve Australia’s global competitiveness.  This is essential for the future of our country. 

“Consistent with the new CSIRO vision, I hope that the CSIRO can be a catalyst for innovation across key focus industries and the wider community.  We must make sure that Australia remains a global leader in the areas of science, research and industry innovation.” 

Mr Thodey was the CEO of Telstra from May 2009 to April 2015. He has been credited with significantly increasing Telstra’s share price and doubling the value of the company.

Before joining Telstra, Mr Thodey had a 22-year career with IBM, working in senior marketing and sales positions, including CEO of IBM Australia/New Zealand.

Mr Thodey will join the board in November.

Minister for Industry and Science at the time of the appointment, Ian Macfarlane said the appointment was more evidence of the Australian Government’s clear strategy to put science at the centre of industry policy.

“Mr Thodey is one of Australia’s most well-known and respected businessmen. He will bring a wealth of industry acumen to Australia’s peak science agency as it plays an increasingly central role in maximising our economic opportunities and industry growth,” Mr Macfarlane said.

“We know that capitalising on our nation’s areas of competitive strength and securing the jobs of the future in the fast changing global economy will depend on lifting the rate of collaboration between industry and researchers. 

“The Australian Government has set out a clear pathway to ensure our nation’s best researchers and our nation’s most productive industries can work to mutual advantage by making the best use of our $9.7 billion annual investment in science and research.

“CSIRO is at the heart of this process and Mr Thodey’s appointment to work alongside our nation’s most respected scientists will further enhance our record on collaboration and commercialisation.

“CSIRO will work with the new Industry Growth Centres, the refocussed CRC Programme and the Australian Government’s Entrepreneurs’ Programme to ensure a comprehensive, accessible and effective industry network that delivers outcomes for businesses – whether it be creating new jobs, sourcing new investments, linking with researchers or reaching into global markets.

“Mr Thodey is an innovative Australian businessman and an experienced board chairman and senior executive who offers expertise in management, corporate and government relations, information and communications technology, and sales and marketing.

“Mr Thodey’s experience in building business networks will be valuable to CSIRO as it implements its new 2020 Strategy.”

www.csiro.gov.au

 

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IPA CEO Conway given Deakin University Young Alumni Award

INSTITUTE of Public Accountants (IPA) chief executive officer, Andrew Conway has received the Deakin University Young Alumni Award for 2015.

The award is open to any Deakin alumni member, aged under 40 years old (at the time of nomination), who has demonstrated outstanding success in their professional and/or community endeavours based on:  

  • Outstanding and significant achievement in their professional or community field of endeavour; and,
  • The ability to inspire others in their professional or community field of endeavour.

“We are very proud of Andrew’s achievements and ongoing commitment to our members and the profession,” said IPA Board president, Wendy Leegel.

“This award is another tribute to Andrew’s professionalism and is truly well deserved recognition of his hard work and community spirit,” said Ms Leegel.

www.publicaccountants.org.au

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Murdochs step up and along at 21st Century Fox

EXTRA >>

THE 21st Century Fox board has announced a series of senior management role changes, to take effect on July 1, which will effectively transition a succession process for company founder Rupert Murdoch.

Rupert Murdoch, the company’s chairman and CEO, together with Lachlan Murdoch, currently co-chairman, will become executive co-chairmen. 

Chase Carey, the company’s deputy chairman, president and chief operating officer since 2009, will become the executive vice chairman and serve in that role through June 30, 2016.

James Murdoch, currently co-COO, will become chief executive officer.

In conjunction with these changes, the company’s corporate functions, and its global television and film operations will now jointly report to Lachlan and James Murdoch.

“It has always been our priority to ensure stable, long term leadership for the company, and these appointments achieve that goal,” Rupert Murdoch said. “Lachlan and James are each talented and accomplished executives and together, we, as shareholders and partners, will strive to take our company to new levels of growth and opportunity at a time of dynamic change in our industry.

“I can’t thank Chase Carey enough for his friendship, counsel and leadership over the past decades. He will be actively engaged in supporting Lachlan and James as they step in to their new roles.” 

Mr Carey said, “I am grateful to Rupert for giving me the opportunity of a lifetime and truly believe there isn’t a company out there that’s more exciting, with more growth potential, than 21st Century Fox. I look forward to continuing to work with Rupert to support Lachlan and James in their new positions.”

Lachlan Murdoch and James Murdoch, in a joint statement, said, “We are both humbled by the opportunity to lead, with our father and the talented team of executives at 21st Century Fox, this extraordinary company. We are grateful to Chase for being the leader and partner that he has been, and we are both delighted that his wisdom and sure handedness will continue to serve 21st Century Fox. We are also grateful to the board for providing us the opportunity to lead this great company. 

“Most importantly, we each look forward to working with the entire team of creators, executives, artists and all of our colleagues that make up our global businesses, to steer the company into the future, and to drive continued value for our shareholders.”

21st Century Fox lead director, Australian Rod Eddington, the former CEO of Cathay Pacific Airways, British Airways and Infrastructure Australia chairman, said, “The board has long been focused on succession and we’re fortunate to have two very talented executives in Lachlan and James to take this company into the future.

“Working in tandem with Rupert, we’re confident their partnership and stewardship will give this business real momentum for many years to come. We are also deeply grateful to Chase Carey for his many years of exceptional leadership and his agreement to continue his contributions through his new position.”

EXECUTIVE BIOGRAPHIES

LACHLAN MURDOCH

Lachlan Murdoch is currently co-chairman, a position he has held since March 2014. Effective July 1, 2015, Mr Murdoch, 43, will serve as executive co-chairman of 21st Century Fox.

Mr Murdoch has spent the past two decades building, operating and investing in many of the world’s most prominent television and publishing businesses, and also currently serves as co-chairman of News Corp, executive chairman of NOVA Entertainment and executive chairman of Illyria Pty Ltd. He is a director of Sydney's Museum of Contemporary Art and a trustee of the Commando Welfare Trust. Mr Murdoch previously served as non-executive chairman of Ten Network Holdings.

Prior to his current role, Mr Murdoch has served as co-chairman of 21st Century Fox beginning in March 2014 and has served the company as a member of the board of directors since 1996, as well as in a number of senior executive roles from 1994-2005.

From 2000-2005, Mr Murdoch served as deputy chief operating officer of 21st Century Fox (previously known as News Corporation), a role in which he was directly responsible for the company’s US television stations group and publishing assets.

As part of his duties as deputy chief operating officer, Mr Murdoch was vhairman of Fox Television Stations (FTS) and publisher of the New York Post, and also oversaw HarperCollins and the company’s lines of business in Australia, including REA, Australia’s leading online real estate business.

He led the company’s purchase of a controlling stake in REA, which began with an approximate $1 million cash investment and resulted in a corporate asset that is currently valued at more than $3 billion.

At FTS, Mr Murdoch oversaw the company’s 35 owned-and-operated television stations, where he raised the bar on local news coverage across the nation, increasing the total number of local news hours across the group to more than 850 per week.

At the New York Post, he overhauled the tabloid and grew its circulation by more than 40 percent. During his tenure, the Post became the nation’s fastest-growing newspaper and the seventh largest in the United States.

In 2005, Mr Murdoch founded Illyria Pty, a successful private investment company. In 2009, Illyria acquired 50 percent of DMG Radio, a network of radio stations, which later expanded to include pay television assets and was renamed NOVA Entertainment. After Mr Murdoch became its chairman in 2009, NOVA grew exponentially, nearly doubling in value during the first three years of his tenure, while its EBITDA rose more than threefold from $16m in 2009 to $52m in 2014. In 2012, Illyria purchased the remaining 50 percent and, under Mr Murdoch’s leadership, NOVA Entertainment became Australia’s leading network of FM stations.

Mr Murdoch holds a BA from Princeton University.

 

JAMES MURDOCH

James Murdoch is currently co-chief operating officer of 21st Century Fox, and will serve as the Company’s chief executive officer effective July 1, 2015.

Mr Murdoch, 42, has held a succession of leadership roles over his nearly two-decade career with the company, culminating in his appointment to CEO. Over that period, he has been a key driver of the company’s domestic and international expansion, having most recently served as co-chief operating officer, and previously as chairman and CEO for Europe and Asia, as well as chairman of BSkyB, Sky Deutschland, and Sky Italia, the businesses that now comprise the pan-European Sky group. His significant operational experience also includes tenures as CEO of both BSkyB and STAR, India’s number one entertainment broadcaster.

As 21st Century Fox’s co-chief operating officer, Mr Murdoch had a broad purview across the company’s global portfolio of businesses, and direct responsibility for its cable and broadcasting networks and properties, which reach more than 1.8 billion subscribers every day. From 2011 to 2014 he served as deputy chief operating officer and chairman and CEO, international, and prior to that, chairman and CEO, Europe and Asia since 2007.

Mr Murdoch has played an integral role in a number of strategic transactions, including the separation of the former News Corp into two distinct companies, the combination of the Endemol Shine Group joint venture, the acquisition of the YES Network, and, through the creation of Sky Deutschland and the combination of Sky Deutschland and Sky Italia and BSkyB, the creation of the European entertainment leader Sky plc.

During his tenure as BSkyB’s CEOr (of which 21st Century Fox owns 39.1%) from 2003 to 2007, and its chairman from 2007 until 2012, the company experienced transformative growth, amassing more than 10 million subscribers, and created a full-service residential media and telecommunications company.

Mr Murdoch led 21st Century Fox’s partial acquisition of the former Premiere AG and from that the creation of Sky Deutschland, which was valued at €6.6 Billion upon its combination with BSkyB and Sky Italia in 2014. In addition, he led the restructuring of the company’s European and Asian businesses between 2008 and 2010, including the separation of its Asian satellite television group, STAR, into India and ex-India operations, and the sale of the company’s Russian and Eastern European media holdings.

Mr Murdoch became chairman and CEO of STAR in 2000 and led the company’s turnaround and by 2003, the company established itself as the premier content and broadcasting company in India, South Asia and Taiwan. Prior to joining STAR, Mr Murdoch held a variety of corporate roles at News Corporation between the time he joined the company in 1996 and 2000, primarily focused on digital businesses.

Before joining the company, Mr Murdoch co-founded and chaired Rawkus Entertainment, a seminal Hip Hop independent based in lower Manhattan.

Mr Murdoch serves as a board member of 21st Century Fox and Sky, and of News Corp. In addition, he is a non-executive director of Yankee Global Enterprises, Vice Media, and a member of the board of trustees of the Harvard Lampoon and the Ghetto Film School.

He and his wife Kathryn founded their family foundation, Quadrivium, in 2014. Quadrivium supports a variety of initiatives involving natural resources, science, civic life, childhood health, and equal opportunity.

About 21st Century Fox

21st Century Fox is claimed to be the world's premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching more than 1.8 billion subscribers in approximately 50 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FXM, FS1, Fox News Channel, Fox Business Network, FOX Sports, Fox Sports Network, National Geographic Channels, STAR India, 28 local television stations in the U.S. and more than 300 channels that comprise Fox International Channels; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and a 50 percent ownership interest in Endemol Shine Group.

The company also holds a 39.1 percent ownership interest in Sky, Europe’s leading entertainment company, which serves 21 million customers across five countries.

www.21CF.com

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