Ian holds a Bachelor of Accounting and Finance (Hons) from the University of Glasgow and is a Chartered Accountant. Criticised for 1993 price fixing scandal, pollution and palm oil-related deforestation, and cocoa-related child labour. [17], First Refurbished 48 class locomotive enters service for GrainCorp, Australian Competition & Consumer Commission, New South Wales Environment Protection Authority, Graincorp press release re ASX official listing, Growers Approve Graincorp and VicGrain Merger, How One Private Equity Firm Beat The Odds, ACCC to not oppose Archer Daniels Midland acquisition of Graincorp, "GrainCorp takeover by US company Archer Daniels Midland rejected by Federal Government", GrainCorp: Australia blocks takeover bid from ADM, GrainCorp-United Malt split means $50m in costs and risks, United Malt Group Demerger Scheme has become Effective, GrainCorp Welcomes State Government Broadcare Train Decision, Watco expands Australian rail freight operations, GrainCorp cops fine for fumigation breaches, https://en.wikipedia.org/w/index.php?title=GrainCorp&oldid=1002001625, Companies listed on the Australian Securities Exchange, All Wikipedia articles written in Australian English, Creative Commons Attribution-ShareAlike License, This page was last edited on 22 January 2021, at 10:07. Prior to joining GrainCorp, Mr Scott worked with McKinsey & Company for 13 years across various roles in Asia, the Americas and Europe, focusing on strategy and transformation in several primary industries including manufacturing, transportation & logistics, mining, and energy. New owner of Graincorp, ADM (Archer Daniel’s Midland) is one of the world’s largest processors of soybeans, corn, wheat and cocoa. Uncover why GrainCorp is the best company for you. Mr Spurway has extensive leadership and operations experience and has held executive and senior operational roles across Australia and New Zealand. The Saxon and GrainCorp Way We share a passion for excellence in customer service, innovative thinking, maintaining high standards and integrity, and embracing a growth mindset. Mr McGauchie is Chair of GrainCorp’s Remuneration and Nominations Committee and a member of the Audit & Risk Committee and the Safety, Health and Environment Committee. It was later known as the Grain Handling Authority. He owns and operates farming interests in NSW, and is an experienced public company director with agricultural, supply chain, international trade and risk management expertise. Bradley joined the GrainCorp Board on 1 March 2017 and assumed the role of Chairman of the GrainCorp Board in May 2017. Ms Grigg has an extensive background in finance and operational management, including as Finance Director of the Australian Wool Research and Promotion Corporation and leadership roles in agriculture sector organisations. In response, in 2018 GrainCorp lodged its own legal argument to formally oppose the trademark. Prior to this, Mr Spurway held senior operational roles with Mrs Crocket’s Kitchen and Goodman Fielder in Queensland, South Australia and the Northern Territory, and Northland Dairy Company (now Fonterra) in New Zealand. It has a market capitalization of just AU$1.0b, and the board has only AU$6.0m worth of shares in their own names. Company profile for GrainCorp Ltd. including key executives, insider trading, ownership, revenue and average growth rates. They own 15% of Wilmar International. The GrainCorp and Zen-Noh Group investment of $120 million for the four new terminals is good news for growers and a showing of the confidence in … Mr Pamminger is a Director of GrainsConnect Canada, a Director of FutureFeed and a member of the Australian Institute of Company Directors. Jesse Scott was appointed Chief Innovation and Growth Officer at GrainCorp in January 2021 and is responsible for the company’s strategic growth and innovation projects. The company operates in Australasia, Asia, North America, Europe, Middle East and North Africa, and is administered by its head office in Sydney. GrainCorp Limited was founded in 1916 and is headquartered in Sydney, Australia. Proudly connecting with customers and rural communities to deliver value through innovation and expertise. The company was founded by the Government of New South Wales as a public sector agency, Government Grain Elevator (later the Grain Elevators Board), in 1917. Archer Daniels Midland Co. purchased a 10 percent stake in GrainCorp Ltd. Thursday night, adding to its existing 4.9 percent holding. The latest deal is the proposed takeover of east coast grain business GrainCorp, by US company Archer Daniel Midlands (ADM). Ms Grigg is Chair of GrainCorp’s Audit & Risk Committee and a member of the Remuneration & Nominations Committee and the Safety, Health & Environment Committee. The breaches were self-reported in February 2018 and GrainCorp was fined $40,200. The company's core business is the receiving and storage of grain and related commodities. [12][13], In May 2009, eighteen 48 class locomotives and 180 grain wagons were transferred by the Government of New South Wales at no cost. Telstra owns and operates 67 stores and individual licensees operate another 166. As a leading international agribusiness, GrainCorp provides customers with unparalleled access to Canadian, American and global markets. ADM, the world's biggest processor of corn, already owns around 20% of GrainCorp. We proudly connect with customers and rural communities to deliver value through innovation and expertise. Through the skills and capabilities developed in accumulating, storing and handling agricultural commodities over many decades, we now manage a wide range of grains, pulses and oilseeds and produce edible oils, biofuel components and animal feeds, as well as oils and shortenings for the food production industry. ANZ Terminals, the buyer of the GrainCorp’s ABLT assets, owns and operates a total of nine terminals – five in Australia, and four in New Zealand, with … But its bid to fully acquire the firm had been opposed by some … He owns and operates farming interests in NSW, and is an experienced public company director with agricultural, supply chain, international trade and risk management expertise. Mr Mangelsdorf is also the Non-executive Chairman of Warakirri Agricultural Trusts, and a Non-executive Director of Warakirri Asset Management Pty Ltd (since 2017) and Warrakirri Holdings Pty Ltd (since 2017). GrainCorp Limited is a locally-owned publicly listed company, deriving revenue from the provision of services to the grain industry. Prior to Ms Belton’s corporate roles, she worked in private practice at Linklaters in London. Mr McGauchie has farming interests and extensive experience acting as chairman and director on public company boards. 100+ active buyers [6] In July 2011, GrainCorp agreed to buy maltster GermanMalt GmbH & Co, extending its reach into Europe. Cate Hathaway joined GrainCorp in July 2018 and was appointed Chief People and Transformation Officer in April 2019, with responsibility for transformational change, people, safety, environment and technology. 3.2 A number of witnesses argued that ADM would provide much-needed capital He was previously Chief Operating Officer, Global Operations for Fonterra Co-operative Group in New Zealand. Privacy | Cookies | Terms | Careers. In Australia, GrainCorp owns oilseed-crushing plants in Numurkah and Pinjarra and refining facilities in Footscray and Numurkah. The site’s capacity is now 35,000 tonnes. He was previously Group General Manager, GrainCorp Marketing. At McKinsey, Mr Scott launched and led the firm’s agricultural practice in Australia and New Zealand. GrainCorp's operations have subsequently extended into other Australian states by amalgamations with other grain handling operations. Find out what works well at GrainCorp from the people who know best. Ms Belton holds a Bachelor of Laws (Hons) from the University of Strathclyde (Glasgow) and a Master of Business Administration from the University of Oxford. GrainCorp has announced the sale of its Australian Bulk Liquid Terminals business for a total enterprise value of approximately A$350 million ($248 million; €218 million), setting a deadline of May 10 for the separate takeover bid by Long-Term Asset Partners in the process.. In 1992, a group of grain farmers banded together to buy the company from the NSW Government. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. 'Silo art trail' trademark battle over who owns the right to use phrase By Kelly Fuller. Prior to this, Mr Spurway held operational roles with Fonterra including General Manager South Island Operations and Acting Director Operations & Logistics. Ms Grigg is currently a Director of Suncorp Portfolio Services (since 2015), a Council member and Deputy Chancellor of Deakin University and a member of the Audit Committee of the Australian Competition and Consumer Commission. He was reappointed Chairman of Elmore Limited (previously IndiOre) in September 2018, having served as Non-executive Director since 2010. While our GrainCorp team is diverse, we each believe in our values to: through inclusivity, integrity and innovation. Prior to this, he was Group General Manager – Grains, responsible for the Grains Operations and Trading businesses in Australia, Singapore, China, Europe and Canada. He has extensive experience acting as chairman and director on public company boards. Ian Morrison was appointed Chief Financial Officer (CFO) in July 2020,leading GrainCorp’s finance and accounting, tax, treasury, risk management and shared services functions. [3][4][5] The company operates an extensive network of rail-linked storages across south-east Australia, as well as seven export terminals in Brisbane, Geelong, Gladstone, Mackay, Newcastle, Port Kembla and Portland. The company was listed on the Australian Securities Exchange (ASX) in March 1988, and soon after added operations in Victoria and Queensland, and later in North America and beyond through a series of mergers and acquisitions. We sell and deliver around eight million tonnes of grain annually to more than 50 countries through our trading desks and offices in Australia, Canada, China, India, New Zealand, Singapore, the UK and the Ukraine. With innovative processes and leading technology, we’re finding new ways to make our supply chain even more efficient, without compromising on the superior Quality Assurance we’ve become known for. Mr Spurway has recently held the roles of Chairman of Kotahi Ltd, Deputy Chairman of Prolesur S.A in Chile and Director of DFE Pharma GmbH & Co. Mr Spurway holds a Bachelor of Engineering (Chemical and Materials) from the University of Auckland; is a Graduate of the INSEAD AVIRA Executive programme; and is a Member of the Institute of Directors in New Zealand. In November 2009 GrainCorp expanded into North America through the purchase of the United Malt Holdings group of companies. Formed in 1969, UGC quickly established itself as a premier wheat export company delivering high quality products to customers overseas and superior services to suppliers across the Pacific Northwest. Of Australia’s 25 grain port terminals, seven are owned by the ASX-listed GrainCorp, whose pool of money contains foreign capital, and five by Viterra. ... GrainCorp has grown the number of countries it trades with to … Mr McGauchie is currently Chairman Australian Agricultural Company Limited (since 2010), Chairman of the Australian Wool Testing Authority and a Non-executive Director of Special Olympics Australia. They continued to be operated by Pacific National. Perpetual owns 12.9 per cent of Graincorp. Our most recent data indicates that insiders own less than 1% of GrainCorp Limited. As part of the global GrainCorp family, we also share its values to: Mr. Bradley is also currently the Non-Executive Chairman of HSBC Bank Australia (since 2004), Energy Australia Holdings (since 2012) and … The network would be connected by rail to shipping and it would be a move towards bulk handling for grains across the state. GrainCorp Limited is an Australian company listed on the Australian Securities Exchange. [16], In October 2019 GrainCorp was found guilty by the New South Wales Environment Protection Authority of breaches of fumigation protocol at its Port Kembla facility. [8] Although cleared by the Australian Competition & Consumer Commission, the bid was disallowed by Federal Treasurer Joe Hockey, citing that it would not be in Australia's national interest. National Storage is one of the leading self-storage providers in Australia and New Zealand, providing residential and commercial storage to customers at 200+ centres.