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词条 John B. Prescott
释义

  1. Education

  2. Career

     ~1958–1998: BHP  2000–2009: Australian Submarine Corporation  2006–2015: Queensland Rail / Aurizon 

  3. Other corporate

     1998–?: Horizon Private Equity  1999–2013: Normandy Mining / Newmont Mining  Other 

  4. Honours and awards

  5. References

{{EngvarB|date=December 2017}}{{Use dmy dates|date=December 2017}}{{Infobox person
| name = John Prescott
| honorific_suffix = AC, FTSE
| image =
| birth_name = John Barry Prescott
| birth_date = {{Birth date and age|df=y|1940|10|22}}
| birth_place = Sydney
| nationality = Australian
| education = Bachelor of Commerce (Industrial Relations)
| alma_mater = University of New South Wales
}}John Barry Prescott AC FTSE (born Sydney, 22 October 1940) is a retired Australian businessman and corporate bureaucrat who was managing director and CEO of BHP from 1991 to 1998.[1] Over his career, he has held numerous positions including chairman of Queensland Rail and ASC Pty Ltd, and director of Newmont Mining Corporation.[2][2][3][4]

Education

Prescott received a Bachelor of Commerce (Industrial Relations) from the University of New South Wales in 1961.[4]

Career

~1958–1998: BHP

Prescott was an executive of BHP, having been with that company for over 40 years including as an executive director for 10 years and as managing director and chief executive officer from 1991 to 1998.[4][8][5][6] Prescott's time as CEO of BHP coincided with a number of failed investments which lost the company almost $10 billion.[7]'

2000–2009: Australian Submarine Corporation

Chairman (2000 – 30 June 2009). Prescott served as chairman of Australian Submarine Corporation, later rebranded ASC Pty Ltd.[8][9][10]

2006–2015: Queensland Rail / Aurizon

From 2006 to 2010 Prescott was Chairman of the Government of Queensland owned Queensland Rail, that managed the state's passenger and freight railway network.[11][12] During this time he oversaw the separation of the company into two separate entities: Queensland Rail that operated passenger services and QR National that operated freight services, becoming chairman of the latter.[11] Under Prescott's chairmanship the latter was listed on the Australian Securities Exchange as Aurizon raising $4.6bn in what was the largest initial public offering (IPO) in Australia that year.[13] He was chairman of Aurizon from 2010 to 2015.[14] Under Prescott's Chairmanship the company grew significantly. The Company's operating ratio{{clarify|date=September 2017}} improved from 91%[15] in 2010 to 74%[1] in 2015 and a turn around in safety saw the LTIFR{{clarify|date=September 2017}} reduced by 97%[1] in this time.[16] Aurizon's share price increased by 95% to $4.96, and under Prescott's stewardship, total shareholder returns increased by 117% from IPO to 30 June 2015.[16]

Other corporate

1998–?: Horizon Private Equity

From 1998 Prescott was the executive chairman of Horizon Private Equity.[4]

1999–2013: Normandy Mining / Newmont Mining

Prescott served as a non-executive director of Normandy Mining from April 1999 to 2002.[17] He served as an Independent Director of Newmont Mining Corporation from 2002 to 2013 after it purchased Normandy Mining.[1]

Other

Prescott has been a Global Counsellor of The Conference Board since 2001, a member of the Global Advisory Council since 2013, and a member of the Commonwealth Remuneration Tribunal since 2010. Other Directorships and consulting/advisory positions have included Conference Board USA, World Economic Forum, Booz Allen Hamilton, J.P. Morgan Chase & Co, Proudfoot Consulting and Asia Pacific Advisory Committee of New York Stock Exchange.[1]

Honours and awards

Prescott was appointed a Companion of the Order of Australia in 1996[18] and received the Centenary Medal in 2003.[19][3]

Fellow of the Australian Institute of Company Directors, the Australian Academy of Technological Sciences and Engineering, and the Australian Institute of Management.[4]

He was awarded an Honorary Doctor of Laws from Monash University in 1994 and an Honorary Doctor of Science from the University of New South Wales awarded in 1995.[4]

In 2016 Monash University inaugurated a series of public lectures in his name which focus on human resources, industrial relations and related areas.[20] The University of NSW awards two scholarships named after Prescott – the John Prescott Scholarship in Human Resource Management[21] and the John Prescott Outstanding Teaching Innovation Award.[22]

He has also held the positions of director of the Walter and Eliza Hall Institute of Medical Research, and member then director of the Business Council of Australia.[4]

References

1. ^{{Cite web |url= https://www.aurizon.com.au/~/media/aurizon/files/investors/documents%20and%20webcasts/2015/full%20year%20results/annual%20report%202015.ashx(PDF%20page%202,%20Document%20page%207,%20Column%202,%20Paragraph%202) |title= Aurizon 2015 Annual Report |date=17 August 2015 |website=Aurizon |page=Refer to Page 7, 2nd column, under header J B Prescott AC, line number 8}}
2. ^ASC Board 2008–2009, Australian Submarine Corporation {{webarchive|url=https://web.archive.org/web/20090310125730/http://www.asc.com.au/aspx/about_us_board_of_directors.aspx |date=10 March 2009 }}
3. ^QR Board {{webarchive |url=https://web.archive.org/web/20090912172442/http://www.corporate.qr.com.au/qr_governance/qr_board/directors/prescott/index.asp |date=12 September 2009 }}
4. ^{{cite web |url=http://www.atse.org.au/index.php?sectionid=293 |title=The Spirit of the Snowy – Fifty years on |accessdate=10 April 2009 |deadurl=bot: unknown |archiveurl=https://web.archive.org/web/20090914080421/http://www.atse.org.au/index.php?sectionid=293 |archivedate=14 September 2009 |df= }}
At the time of the Symposium, (November 1999), Mr John B Prescott AC FTSE was Executive chairman, Horizon Private Equity Pty Ltd.
5. ^https://trove.nla.gov.au/newspaper/article/129093898
6. ^http://www.economist.com/node/115491
7. ^{{cite news |url= https://www.crikey.com.au/2014/10/14/companies-for-old-men-the-codgers-who-refuse-to-let-go-of-their-boards/ |publisher= crikey.com.au |date= 14 October 2014 |author= Stephen Mayne |title= Companies for old men: the codgers who refuse to let go of their boards }}
8. ^http://www.adelaidenow.com.au/news/asc-cuts-86-submarine-jobs/news-story/cbd66e38ed3fee9e476aa2c3816c8c0f?nk=0ca94932d82d9befaa41db754147ca46-1518435386
9. ^[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2004.pdf 2004 Chairman's Report & Board of Directors], pp.2–5, 2004 Annual Report, ASC Pty Ltd
10. ^[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2003.pdf 2003 Chairman's Report & Board of Directors], pp.4–7, 2003 Annual Report, ASC Pty Ltd
[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2005.pdf 2005 Chairman's Report & Board of Directors], pp.4–7, 2005 Annual Report, ASC Pty Ltd
[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2006.pdf 2006 Chairman's Report & Board of Directors], pp.4–6, 2006 Annual Report, ASC Pty Ltd
[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2007.pdf 2007 Chairman's Report & Board of Directors], pp.8–9, 2007 Annual Report, ASC Pty Ltd
[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2008.pdf 2008 Chairman's Report], pg.4–5, 2008 Annual Report, ASC Pty Ltd
[https://www.asc.com.au/assets/downloads/ASC_Annual_Report_2009.pdf 2009 Chairman's Report], pp.4–5, 2009 Annual Report, ASC Pty Ltd
11. ^Daniel Hurst (21 November 2012) "QR National rebranded to end QR confusion", SMH Business
12. ^{{cite web |url= https://www.queenslandrail.com.au/about%20us/Documents/QR%20LIMITED%20ANNUAL%20REPORT%202009-10.pdf |title= QR Limited Annual Report 2009/10 |page= 4 |publisher= queenslandrail.com.au }}
13. ^Cynthia Koons (20 November 2010) Queensland raises $4.6bn from QR National IPO The Australian
14. ^Tim Poole an inspired choice as Aurizon chairman, Australian Business – article is behind a paywall
15. ^Annual Report 2011-12, QR National
16. ^Notice of AGM, Aurizon Holdings Limited
17. ^{{Cite web|url=http://www.nndb.com/people/381/000171865/|title=John B. Prescott|publisher=NNDB}}
18. ^Companion of the Order of Australia (AC), 11 June 1996, It's an Honour. Citation: AC. For service to the manufacturing and mining industries as managing director of Broken Hill Proprietary Company Limited and as an active contributor to various industry councils.
19. ^Centenary Medal, 1 January 2001, It's an Honour. Citation: For service to Australian society in industry.
20. ^[https://business.monash.edu/__data/assets/pdf_file/0008/596501/John-Prescott-Lecture-Series-Flyer.pdf The Prescott Family Lecture Series], 10 October 2016, Monash Business School, Monash University
21. ^Scholarship Details, UNSW, Australian Universities.com.au
22. ^CEPAR Annual Report 2016, pg.148, ARC Centre of Excellence in Population Aging Research
{{BHP Billiton}}{{authority control}}{{DEFAULTSORT:Prescott, John B}}

10 : University of New South Wales alumni|Companions of the Order of Australia|Australian businesspeople|1940 births|Living people|Newmont Mining Corporation|Fellows of the Australian Academy of Technological Sciences and Engineering|Recipients of the Centenary Medal|BHP people|Fellows of the Australian Institute of Company Directors

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