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Appointments

Issue No. 30 - August/September 2006

Appointments

NuKorc

Well-known Australian wine industry figure, Stephen Millar, has been appointed chairman of Adelaide synthetic cork manufacturer, NuKorc.

Stephen, previously the CEO of Constellation Wines, joined the Board of NuKorc to represent SA private equity group Paragon Equity, which in May announced it would invest $3.5 million in NuKorc during the year.

Paragon Advisory chairman, Greg Boulton, the fund advisor to Paragon Equity, said one of the conditions of Paragon’s investment in NuKorc was the right to appoint a representative to the Board.

Cork Supply

As part if its global expansion strategy the Cork Supply Group (CSG) has today announced that Neil Walsh will take up the newly created position of Group Development Director.

This new role will concentrate on the development of global business opportunities and product portfolio expansion including company acquisitions and joint venture interests across the entire Cork Supply Group.

Neil has been with the Cork Supply Group since 1992 and Managing Director of the Cork Supply Australia group of companies (CSA) since 1994.

He will be replaced as Managing Director of CSA by Miguel Costa Alemao who joined the Cork Supply Group in 2001 and has been based in Portugal as Global Vice President of Cork Operations.

Retireinvest

Felix Rebane has worked in the financial services industry since 1997 and has joined RetireInvest – Norwood as a financial adviser.

After a successful career as a treasurer with leading SA government and private enterprises and a close involvement with a major public sector superannuation fund, Felix wanted to help people with their finances and become more involved in strategic planning, prompting the move into financial planning.

He is a certified financial planner and has postgraduate qualifications in psychology, accounting, finance and financial planning.

CPS Wealth Management


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