Chris Corrigan
Chris Corrigan
Chris Corriganis an Australian businessman. He was the Managing Director of the Patrick Corporation until it was taken over in 2006...
business people road
We don't need to dilute, or as some people say pollute, by merging our business with a road freight-forwarding business,
bid businesses interest offers poorly structured toll
The bid is ill-conceived, poorly structured and offers Patrick shareholders a diluted interest in the high-quality businesses Toll wants.
broken business opinion pacific poor relation trust turns
I've got a very poor opinion as it turns out now, because we've been stitched up in the transaction in relation to Pacific National, which has really broken down the trust that I would have in a business partner,
based believes board businesses far greater growth medium prospects relative strongly superior toll
The Board strongly believes that, based on this offer, Patrick shareholders are better off without Toll in the medium and long term. Patrick has far superior businesses and significantly greater growth prospects relative to Toll.
business thinking years
I think the most important CEO task is defining the course that the business will take over the next five or so years. You have to have the ability to see what the business environment might be like a long way out, not just over the coming months. You need to be able to both set a broad direction, and also to take particular decisions along the way that make that broad direction unfold correctly.
business mistake needs
You can't overestimate the need to plan and prepare. In most of the mistakes I've made, there has been this common theme of inadequate planning beforehand. You really can't over-prepare in business!
business reality thinking
I'm a firm believer that to really understand a business takes years, not months. As an investment analyst you think you understand a business from the outside, but the reality is that, once you are inside, you can go on learning for five or ten years.
approve certainly
I did not know about, and certainly did not approve of, this arrangement,
dominant future given greatly growth market prospect prospects regards superior toll
Patrick regards its prospect for growth in freight forwarding as greatly superior to Toll given that Toll is already the dominant supplier in this market with no significant prospects for future growth.
automated capital investment month move next opening phase program
Our long-term capital investment program in ports will move to a new phase next month with the opening in Brisbane of our world-first automated straddle carrier terminal,
progress
I don't think any progress has been made on that front.
chief face meet option prepared
If (Toll chief Paul) Little isn't prepared to face us in the boardroom, we have no option but to meet him in court,
might suspect
I suspect it might be a while getting a suitable candidate.
consistent cycle growth high investment lead quality stable strategic
well into an investment cycle that should lead to long-term consistent growth from a stable of high quality strategic businesses.