peter george rfg
RFG Executive Chairman Peter George said, “the Company now enjoys a sustainable debt facility, together with a liquidity buffer that provides stability whilst management implements various performance improvement initiatives”. The sale is part of RFG executive chairman Peter George’s turnaround plan, which involves selling off non-core parts of the business and focusing on the franchisees and coffee roasting. Executive Chairman Peter George said his role would be to further support the Board and the Group CEO in steering the Company back to a position of improved performance and financial stability. “The sale is part of our strategic decision to dedicate resources to … Retail Food Group Limited (ASX: RFG) advises that, as part of its broader turnaround strategy, which included significant Board renewal, recently appointed independent non-executive Director, Mr Peter George, has been elected Chairman, effective today. RFG Executive Chairman Peter George commented: “I firmly believe the initiatives outlined below and implemented by the new management of RFG have already … Under the leadership of Peter George, RFG has taken a forward looking approach to improve and enhance its franchise systems for the benefit of its fra nchisee partners . David has a deep experience chairing key board subcommittees, especially in relation to audit and risk, and assumed Chairmanship of RFG’s Audit & Risk Management Committee contemporaneously with his appointment to the Board. Peter George (Executive Chairman) Website: rfg.com.au: Retail Food Group (Australia) Limited, often abbreviated as RFG (ASX: RFG), is an ASX listed company and Australian franchisor based in Southport, Queensland. “The current management team and Board completely understand that RFG’s future success is directly linked to the profitability of its franchisees,” Chairman Peter George said. Peter George (Executive Chairman) Website: rfg.com.au: Founding. The CEO of Retail Food Group Limited (ASX:RFG) is Peter George. He was appointed Executive Chairman on 7 November 2018, and subsequently assumed CEO responsibilities on 3 December 2018. RFG is a global food and beverage company headquartered in Queensland. He has since developed his career within RFG’s operations and legal departments, holding positions including Deputy Chief Operating Officer, Chief Legal Officer and Chief Operating Officer. The recent performance results during the turbulence of the COVID-19 impacted trading periodis testament to the value of RFG’s financial and management support to its franchisees. Mr Lonie noted that their joining the Board is testament to their confidence in RFG’s business model and strategies being implemented by it. About Retail Food Group Limited: RFG is a global food and beverage company headquartered in Queensland. But City Beat spies tell us that RFG chairman Peter George had effectively tapped Di Bella to serve as the coffee business CEO early last year after the departure of former top gun Darren Dench. "Unfortunately, less than 30 per cent of these concessions have been formalised by landlords via adjusted rental statements," says George. Executive chairman Peter George said RFG, which also owns Michel's Patisserie, Brumby's Bakery and Gloria Jean's Coffees, could not reach a deal that was in the best interests of the company. Executive Chairman. RFG executive chairman Peter George said trading conditions across the business had been impacted throughout the half, and had produced mixed results. He has a successful 30 year career as a senior… He led the restructuring and merger of listed print, media and digital services provider PMP Limited as Managing Director from 2012 – 2017, and was Executive Chairman of Nylex Limited from 2004 – 2008. RFG could face fines stretching into the tens of millions of dollars if found to have breached both the Consumer and Franchise Codes. Kerry joined the Board on 27 August 2015. Mr George joined the Board of RFG on 25 September 2018. Retail Food Group (RFG) is the latest major food & beverage company to bet on additional off-premise channels to offset the lingering impact of COVID-19 to its shopping centre locations. For further information, interviews or images, please contact: Belinda Hamilton, RFG Chief Communications Officer, 0487 700 048 or Belinda.Hamilton@rfg.com.au . Retail Food Group (RFG) chairman Peter George says he is “very confident” the Queensland-based franchisor can be … Damian has over 30 years’ experience with McDonald’s, starting as a crew member at age 15 and going on to work at McDonald’s Australia and the USA, before leaving as VP Operations for McDonald’s Korea. Retail Food Group • All rights reserved • Copyright 2018, Director of Corporate Services and Company Secretary, How Retail Food Group paid down $265m in debt and is adapting to “the new normal”, Gloria Jean’s launches three new Oreo Chillers this Summer. He is an experienced executive and non-executive Director and executive, with an extensive background in telecommunications, media and corporate finance. He is an experienced executive and non-executive Director and executive, with an extensive background in telecommunications, media and corporate finance. This announcement has been authorised by RFG’s Executive Chairman, Peter George. Mr George said RFG … Retail Food Group • All rights reserved • Copyright 2018, How Retail Food Group paid down $265m in debt and is adapting to “the new normal”, Gloria Jean’s launches three new Oreo Chillers this Summer. Shares in the company, last trading at about 7c, were placed in a halt on Tuesday morning pending an announcement. Peter George biography. She is a director of the Richmond Football Club and its health, fitness and leisure business, Aligned Leisure. Executive chairman Peter George said RFG, which also owns Michel's Patisserie, Brumby's Bakery and Gloria Jean's Coffees, could not reach a deal that was in the best interests of the company. George, who joined the board as a non-executive director in September, was elected chairman on Friday. See the complete profile on LinkedIn and discover Peter’s connections and jobs at similar companies. Executive chairman Peter George says RFG has prioritised the improvement of leasing arrangements and COVID-19 relief for its franchise community, with concessions having been negotiated for more than 400 stores. “Under the leadership of Peter George, RFG has taken a forward looking approach to improve and enhance its franchise systems for the benefit its … Established in 1989, RFG was incorporated in 2003 to act as a holding company for several fast-growing brand systems. Peter was also a non-executive Director and Chair of the Audit and Risk Committee of Asciano Limited from 2007 – 2016, and spent four years on the Board of Australia’s second largest telecommunications carrier, Optus Communications between 1994 – 1998. RFG had consolidated its wholesale coffee business under the Di Bella Coffee brand, which was the future of the company's business, Mr George said. Peter was also a non-executive Director and Chair of the Audit and Risk Committee of Asciano Limited from 2007 – 2016, and spent four years on the Board of Australia’s second largest telecommunications carrier, Optus Communications between 1994 – 1998. "The health and safety of our staff and customers is our priority," Peter George, RFG executive chairman, said. RFG executive chairman Peter George said trading conditions across the business had been affected throughout the half and had produced mixed results. The new executive chairman brought in to change Retail Food Group's (ASX: RFG) fortunes says 2019 will be "another demanding year", with asset sales and job cuts looking likely for the for the franchise operator. “The recent performance results during the turbulence of the COVID-19 impacted trading period is testament to the value of RFG’s financial … Mr George joined the Board of RFG as a non-executive Director on 25 September 2018. Mr George said: “RFG has strong foundations in its business model and retail brand systems. "The health and safety of our staff and customers is our priority," Peter George, RFG executive chairman, said. He is an experienced public company director with a broad financial and commercial resume. It said under the leadership of Peter george RFG had taken steps to improve and enhance the franchisee system. As the new executive chairman of the scandal-plagued owner of franchises including Michel’s Patisserie and Gloria Jean’s, Mr George has the unenviable task of trying to save Retail Food Group. Peter George. The company roasts and supplies coffee to its network. RFG appoints Peter George as new chairman. Peter G. George is Executive Chairman of the Board of the Company. It is Australia’s … View the profiles of professionals named "Peter George" on LinkedIn. Peter was appointed as Chief Financial Officer in February 2012 after joining RFG in early 2009 as Divisional Financial Controller. Market Cap (AUD): 152.65M. RFG also announced today the appointment of two new non-executive Board members, Mr David Grant and Mr Peter George, who have excellent skills to match RFG’s present challenges. The company also produces coffee. RFG executive chairman Peter George said trading conditions across the business had been impacted throughout the half, and had produced mixed results. Sector: Consumer Discretionary. RFG executive chairman Peter George, who joined the … He brings over 15 years’ experience across a variety of major brands and organisations including Cadbury Schweppes, Asahi, RFG and, more recently, Sonofi Consumer Healthcare. The note was sent by Retail Food Group’s (RFG) recently appointed executive chairman, Peter George, to franchisees hours after a bipartisan report into the $170 billion franchise sector tore strips off RFG, which operates brands including Gloria Jeans, Donut King, Brumby’s, Michel’s Patisserie, Crust Pizza and Pizza Capers. The man who has been tasked with the company's turnaround, executive chairman Peter George, will assume CEO responsibilities for the time being. Next, we’ll consider growth that the business demonstrates. Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and election as Chairman of the Board in October 2018. The Company also operates in the foodservice and dairy processing sectors. Market Cap (AUD): 152.65M. Retail Food Group has announced that they have appointed Peter George as the new chairman of the group. Executive chairman and CEO Peter George talks to QSR Media in an exclusive interview. Peter has been a member of the Institute of Chartered Accountants in Australia since 2004. Peter George. View Peter George, Managing Director - Prima Careers’ profile on LinkedIn, the world’s largest professional community. RFG is a global food and beverage company headquartered in Queensland. She is a member of the Law Institute of Victoria. There are 90+ professionals named "Peter George", who use LinkedIn to exchange information, ideas, and opportunities. Damian was part of the turnaround team tasked with moving McDonald’s Korea into growth, and has a passion for customer experience, growing franchisee sales and using simple, robust systems and processes to drive bottom line profits at the retail level. Executive chairman Peter George says RFG has prioritised the improvement of leasing arrangements and COVID-19 relief for its franchise community, with concessions having been negotiated for more than 400 stores. Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and election as Chairman of the Board in October 2018. "Dairy Country's Tullamarine facility … Responding to the announcement, RFG executive chairman Peter George … In a statement, RFG acknowledged the legal action against 42 of its corporate-owned stores and the management of its marketing funds, which it … Retail Food Group (ASX:RFG) is a global food and beverage company based in Queensland, Australia. RFG is a global food and beverage company headquartered in Queensland. My focus is on effectively executing the already developed turnaround strategies to return RFG … Follow Retail Food Group (ASX:RFG) Peter George. RFG says it plans to exit the foodservice channel, which includes brands such as Donut King, Gloria Jean’s and Brumby’s Bakery. He is currently a Director of Event Hospitality and Entertainment Limited and Murray Goulburn Cooperative Limited (including its associated listed unit trust). ... RFG:AU 0.08 AUD +-0.00-1.23%. "Dairy Country's Tullamarine facility … There are 90+ professionals named "Peter George", who use LinkedIn to exchange information, ideas, and opportunities. Retail Food Group (RFG) has appointed ‘turnaround specialist’ Peter George as its new chairman, after laying out a three-pronged strategy to stabilise, optimise and reinvest in the business at its annual general meeting (AGM) on Thursday. Peter George may have the hardest job in the country right now. RFG is Australia’s largest multi-brand retail food and beverage franchise owner which also roasts and supplies high-quality coffee products. Kerry is a Fellow of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia. It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. Peter has been a member of the Institute of Chartered Accountants in Australia since 2004. ENDS. About . Executive Chairman. Shares in the company, last trading at about 7c, were placed in a halt on Tuesday morning pending an announcement. Mark has held the position as RFG’s Company Secretary since the Company Listed in June 2006. 1H20 also witnessed the Company’s entry into a binding agreement, which settled on 3 January 2020, to dispose of the loss-making Hudson Pacific … Prior to joining RFG, Peter worked with KPMG where he managed the Assurance and Advisory Division. Last Trade (AUD): 0.072 +0 (+0%) Tab Bar 1. The sale is part of RFG executive chairman Peter George’s turnaround plan, which involves selling off non-core parts of the business and focusing on the franchisees and coffee roasting. Mark holds a Bachelor of Laws and is a solicitor of the Supreme Court of Queensland. Executive chairman Peter George is also exploring the potential of augmenting their master franchise model to restart international growth. Another shareholder asked the CEO and chairman what performance targets they were willing to undertake to measure the effectiveness of their strategy. Sue Mitchell Senior reporter Updated Dec 3, 2018 – 4.25pm, first published at 3.02pm Retail Food Group's new executive chairman Peter George has taken over day … Retail Food Group's Peter George says he is “very confident” the company can be turned around The franchisor previously reported a $111.1 million half-year loss in February. It said under the leadership of Peter george RFG had taken steps to improve and enhance the franchisee system. Prior to joining RFG, Peter worked with KPMG where he managed the Assurance and Advisory Division. Sector: Consumer Discretionary. George was recently appointed to the board of directors last September 25 as non-executive director. He led the restructuring and merger of listed print, media and digital services provider PMP Limited as Managing Director from 2012 – 2017, and was Executive Chairman of Nylex Limited from 2004 – 2008. “A number of positive indicators were being observed across RFG’s business, particularly in Brumby’s Bakery, the QSR division and outlets situated within regional locations,” George said. Peter was appointed as Chief Financial Officer in February 2012 after joining RFG in early 2009 as Divisional Financial Controller. Retail Food Group's Peter George says he is “very confident” the company can be turned around The franchisor previously reported a $111.1 million half-year loss in February. "Unfortunately, less than 30 per cent of these concessions have been formalised by landlords via adjusted rental statements," says George. At 6.4 cents per share (where RFG closed yesterday), those 2.1m new RFG shares are worth $134,400, so it could be a nice bonus for him - if he gets to sell them before the company goes broke. Former directorships include iiNet Limited and Consolidated Rutile Limited. Portfolio of companies. Mark joined RFG as Corporate Counsel in July 2004, having previously represented the Company in private practice since 1999. ... RFG… Matt has held a number of senior commercial roles including Head of Sales, Head of Trade Marketing, Managing Director – Brumby’s Bakery, and General Manager – Commercial Partnerships & Planning. RFG executive chairman Peter George said trading conditions across the business had been affected throughout the half and had produced mixed results. Retail Food Group (RFG) has appointed ‘turnaround specialist’ Peter George as its new chairman, after laying out a three-pronged strategy to stabilise, optimise and reinvest in the business at its annual general meeting (AGM) on Thursday. The company is focusing on its core franchising and coffee businesses as well as applying a new franchise system across … RFG’s new executive chairman Peter George, who recently described the company’s performance as unsustainable, will assume CEO responsibilities “for the time being”. He will replace Stephen Lonie. Peter George. Another shareholder asked the CEO and chairman what performance targets they were willing to undertake to measure the effectiveness of their strategy. Bachelor of Commerce/Bachelor of Laws. Peter has 7 jobs listed on their profile. ASX:RFG profile with today’s share price, announcements, live price charts, upcoming dividends, annual reports and investor calendar. Photo: Supplied. David was appointed a non-executive Director on 25 September 2018. Matt returned to RFG as Head of Growth in early 2020. It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. David’s executive career included extensive food industry experience through a range of accounting, finance and commercial roles with Goodman Fielder Limited, including the position of Group M&A Director. View the profiles of professionals named "Peter George" on LinkedIn. Executive chairman and CEO Peter George talks to QSR Media in an exclusive interview. … He has past experiences as the executive chairman of Nynex Limited and as non-executive director for Asciano … Peter George is Chairman/Group CEO at Retail Food Group Ltd. See Peter George's compensation, career history, education, & memberships. It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. RFG executive chairman Peter George said in a statement the move is part of the company’s 18-month restructure and transformation program. "This has led to high levels of … RFG's executive chairman, Peter George, said the result showed the company was "clearing the decks" and stabilising the company. For Peter George, who has worked on the turnaround of companies including Optus and Asciano, RFG's woes can be traced back to a rapid acquisition-driven growth spurt from 2012 to 2016 which led to an "unprecedented" level of management complexity. He was promoted to the position of Head of Retail in November this year, and now leads IconicCo, the Company’s internal division which manages the Group’s retail franchise networks. To the extent that it was understood by readers of that article that recently appointed executive chairman Peter George was responsible for RFG’s past troubles, or … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Kerry’s professional background is in commercial law, and she has extensive experience across international markets in the retail and franchise areas. The man who has been tasked with the company's turnaround, executive chairman Peter George, will assume CEO responsibilities for the time being. For Peter George, who has worked on the turnaround of companies including Optus and Asciano, RFG's woes can be traced back to a rapid acquisition-driven growth spurt from 2012 to … According to RFG executive chairman Peter George the company is frustrated by the lack of progress when dealing with landlords and the unwillingness he has seen from lessors to provide meaningful assistance. Interestingly, Peter George had 2.1 million performance rights vest on August 28th, while just 900,000 (0.9m) performance rights lapsed. Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and … Retail Food Group (RFG) chairman Peter George says he is “very confident” the Queensland-based franchisor can be … Responding to the announcement, RFG executive chairman Peter George … RFG's executive chairman, Peter George, said the result showed the company was "clearing the decks" and stabilising the company. RFG said it considers the issues that were subject to the proceedings were narrow in scope and focus. “A number of positive indicators were being observed across RFG’s business, particularly in Brumby’s Bakery, the QSR division and outlets situated within regional locations,” George said. Retail Food Group executive chairman Peter George.
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