SYNOPSIS:
Career:
Experience:
Hobbies:
Contact:
email: chris@sallackinternational.com
PERSONAL EXPERIENCE:
I have been involved in mergers and acquisitions, company restructuring and re-
engineering, start ups, project management, finance and capital raising, project
modeling, contract management (5), management consulting, counseling,
transportation, flying (private), sailing, golf, tennis, fly-fishing, traveling, education
and health industries.
WORK HISTORY:
Managing Director
The company is involved in several aviation projects, health promotion and recently
branched into international tertiary education. We are working with the University of
Waikato, Ministry of Defence (NZ), Ministry of Customs (NZ), China, India and
USA.
Previously established a relationship strategy between PAC (NZ based company) and
Investment Quebec an SOE based in Montreal, Canada. This has led to the formation
of a joint venture between Mecachrome International Inc and PAC (PAC-
Mecachrome Inc.) to assemble and market the new 750XL turbine aircraft. The
JV.has already assembled 3 aircraft for the North American market.
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I worked closely with Graham Smith of the Katolyst Group and Peter Smyth of
NZTE. Mr. Graham Smith prepared a paper for Government on the advantages of an
Aviation Cluster in Hamilton. I reviewed part of this paper for Mr. Smith.
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Recently Katolyst and NZTE supported a visit from a Chinese contingent which I
partly subsidized. The purpose of the visit was to introduce the Chinese to
Hamilton’s aviation cluster. They met representatives from Alpha Aviation, Pacific
Aerospace Corporation and Flight Structures.
Peter Smyth assisted in the meetings with Guy Tapley, Investment Manager,
Investment New Zealand and other senior officials from NZTE. These meetings took
place in Wellington and culminated in a very interesting meeting with the Chinese
Ambassador.
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300 personnel; offices in UK, Europe, USA, France, Spain, Manila, Singapore and
Australia.
Role: Responsible for new business development in the Asia/Pacific region with particular
emphasis on Australia, New Zealand, Japan, Hong Kong and Taiwan. Due to recent
developments in Australia, the company has decided to move me to its Sydney
Office. I networked with all the major banks in the Asia/Pacific region, and at the
same time reviewed the Japanese Market with the view to developing distributor
relationships.
Outcomes: I built up strong business relationships for SmartStream that were turned into
successful sales. Three largest banks in Australia are now working with
SmartStream. Two of the largest banks in New Zealand are also investigating new IT
relationships with SmartStream.
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High Tech company specialising in Defence, Air Traffic Simulators, and Air Traffic
Navigation in Remote Regions. This company was floated on the Australian Stock
Exchange (IPO 1998). It is in partnership with NZ Airways Corporation and
Lockheed and has a $200 million contract with the FAA to develop a remote air
traffic control system based on Airways NZ system.
Outcomes: Orchestrated the development of a Business Strategy that was adopted by senior
managers. Investment Quebec, a Quebec Government IPA, backed the business plan
by providing substantial guarantees that were used to facilitate borrowing. I worked
with the IPA for a period of 6 months. Team building ensured cohesive work force
with high morale. Established local offices in the USA.
Ex Melbourne Port Authority, 250 staff, 4 divisions, specialised in servicing the Port
of Melbourne. This company was an SOE owned by the VICTORIAN
DEPARTMENT OF TREASURY AND FINANCE. The Local Government’s policy
was to privatise the SOE within two years of my appointment as its CEO.
Role: Head up State Owned Enterprise under the Kennet Government. Employed by Alan
Stockdale (Treasurer State of Victoria), reporting to John Perham (Assistant to the
Treasurer). Tasked to corporatise the SOE, and under mandate to the Government
sell to the private sector. Reported to a Board consisting of 5.
Outcomes: Company downsized in a difficult climate without industrial disputation from the
Australian Maritime Union. Board accepted a bold new business initiative that
enabled MPS to compete favourably in the Private Sector. Business Plan included an
aggressive marketing strategy. Exceeded budgets by 30%. Privatised the company
well ahead of the Government’s schedule, by targeting a Private Sector company.
The company now operates successfully as a division of the Private Sector
organisation. After the sale of the MPS to Skilled Engineering the Department of
Treasury and Finance employed me for a period of 1 year. I worked closely with the
Rural Water Authorities working on PROJECT AND INVESTMENT EVALUATION
TECHNIQUES.
Role: Report to Board of Directors, responsible for the budgets, business plan, marketing
and morale at a time when the company was carrying substantial losses. I was
brought on board to restructure the company that at the time was carrying $9million
in accumulated losses.
Outcomes: Renewed efforts to position PAC as an aircraft manufacturer. Targeted key markets
in SE Asia. Substantially reduced losses by reducing costs through change
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management strategies. Produced a business plan that was fully endorsed by the
Board and eventually was able to position the company for a successful sale to a local
company in Hamilton. The company still manufactures the CT4E, Fletcher and
Cresco top dressing aircraft, in Hamilton, New Zealand.
Role: Establish and develop projects by conceiving, facilitating and managing the process.
Outcomes: Worked closely with New Zealand’s largest Stevedoring Company to introduce
mobile harbour cranes. The first cranes were successfully imported into the Port of
Tauranga.
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Role: Employed on a contract basis as CEO to find a way to cut losses and make the
company viable.
Outcomes: The Company was insolvent and had negative shareholders’ funds amounting to
NZD2.0 million. Within 6 months of my employment I had restructured the
company, identified and rectified a major cost source. Within 12 months the
company was trading profitably and shareholders’ funds were positive.
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Outcomes: Consulted for a large Kiwifruit Exporter and assisted their establishment of a
European distribution system. Worked closely with the Ports of Auckland on the
concept of an inland marshalling system. Conceived the idea of an automated
loading system for the Apple and Pear Marketing Board. Worked closely with
Bechtel Engineering (USA) and eventually persuaded key people to adopt the
concept. The NZD45 million project was successfully implemented in 1989.
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Role: Find new business (oil shock crisis 1973). Manage restructuring of Company.
Outcome: Developed export markets in Europe, Asia and USA. Established new export
product lines. Grew the business, emphasising principal selling methodology as
opposed to agency selling. Investigated new distribution channels, particularly in the
USA. JV the company with another large domestically based company in New
Zealand.
Significant Outcomes: