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Rinehart bags leadership awards

ROY Hill Holdings chairman Gina Rinehart and chief financial officer Garry Korte, as well as Sara...

Kristie Batten
Rinehart bags leadership awards

t an event held in Sydney, Rinehart was named as Chairperson of the Year for the second year running.

“As chairman of Hancock Prospecting and Roy Hill Holdings, Mrs Rinehart is persistent, determined, tireless and patriotic,”The CEO Magazine founder and CEO Chris Dutton said.

“This year, Roy Hill was able to secure the largest ever project financing for the development of a land-based mine anywhere in the world.

“The Roy Hill mine is symbolic of this ‘against the tide’ attitude. Her leadership qualities have attracted a committed and passionate team around her and ensured strong and successful negotiations of joint ventures and partnerships.”

It caps off a stellar year for Rinehart, in which also was presented with the Australian Olympic Committee’s Order of Merit and the international Lifetime Achievement Award for the Chartered Institute of Logistics and Transport.

"I accept this on behalf of my small, hardworking executive team and the many thousands of men and women working in the challenging Australian outback, including those who are building our mega mining project Roy Hill ahead of schedule,” she said.

But Rinehart also once again spoke out on Australia’s falling global competitiveness.

"Every business represented in this room is affected by government-imposed costs and paperwork, and this is making it harder for this country to compete,” she said.

“I know regulations are a problem we have, but I am all just one voice and more need to speak up and tell our leaders in Canberra we need action on cutting regulation and not platitudes."

Korte won CFO of the Year for his role in securing the financing for the $A10 billion Roy Hill project.

Finlayson was not only named Managing Director of the Year, but also Energy and Resources Executive of the Year.

He oversaw a 342% rise in Saracen’s share price in the 2014 financial year, making the gold producer the best-performing stock in the ASX 300 Material Index for the year.

For the Energy and Resources Executive of the Year, Finlayson beat out Clarke Energy MD Gregory Columbus, Oil Search MD Peter Botten and SA Water CEO John Ringham.

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