Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and election as Chairman of the Board in October 2018. About . "The health and safety of our staff and customers is our priority," Peter George, RFG executive chairman, said. The CEO of Retail Food Group Limited (ASX:RFG) is Peter George. … The recent performance results during the turbulence of the COVID-19 impacted trading periodis testament to the value of RFG’s financial and management support to its franchisees. My focus is on effectively executing the already developed turnaround strategies to return RFG … RFG Executive Chairman Peter George said, “the Company now enjoys a sustainable debt facility, together with a liquidity buffer that provides stability whilst management implements various performance improvement initiatives”. Peter George. Established in 1989, RFG was incorporated in 2003 to act as a holding company for several fast-growing brand systems. RFG executive chairman Peter George said in a statement the move is part of the company’s 18-month restructure and transformation program. He has past experiences as the executive chairman of Nynex Limited and as non-executive director for Asciano … David was appointed a non-executive Director on 25 September 2018. RFG executive chairman Peter George said trading conditions across the business had been affected throughout the half and had produced mixed results. Under the leadership of Peter George, RFG has taken a forward looking approach to improve and enhance its franchise systems for the benefit of its fra nchisee partners . He will replace Stephen Lonie. Peter George may have the hardest job in the country right now. RFG appoints Peter George as new chairman. He is an experienced public company director with a broad financial and commercial resume. Mr George joined the Board of RFG as a non-executive Director on 25 September 2018. View the profiles of professionals named "Peter George" on LinkedIn. RFG executive chairman Peter George said trading conditions across the business had been affected throughout the half and had produced mixed results. ... RFG:AU 0.08 AUD +-0.00-1.23%. The new executive chairman brought in to change Retail Food Group's (ASX: RFG) fortunes says 2019 will be "another demanding year", with asset sales and job cuts looking likely for the for the franchise operator. “Under the leadership of Peter George, RFG has taken a forward looking approach to improve and enhance its franchise systems for the benefit its … About Retail Food Group Limited: RFG is a global food and beverage company headquartered in Queensland. Mark holds a Bachelor of Laws and is a solicitor of the Supreme Court of Queensland. See the complete profile on LinkedIn and discover Peter’s connections and jobs at similar companies. The man who has been tasked with the company's turnaround, executive chairman Peter George, will assume CEO responsibilities for the time being. Sector: Consumer Discretionary. RFG says it plans to exit the foodservice channel, which includes brands such as Donut King, Gloria Jean’s and Brumby’s Bakery. Executive chairman and CEO Peter George talks to QSR Media in an exclusive interview. This announcement has been authorised by RFG’s Executive Chairman, Peter George. Retail Food Group (RFG) chairman Peter George says he is “very confident” the Queensland-based franchisor can be … RFG also announced today the appointment of two new non-executive Board members, Mr David Grant and Mr Peter George, who have excellent skills to match RFG’s present challenges. RFG executive chairman Peter George, who joined the … He led the restructuring and merger of listed print, media and digital services provider PMP Limited as Managing Director from 2012 – 2017, and was Executive Chairman of Nylex Limited from 2004 – 2008. Peter has been a member of the Institute of Chartered Accountants in Australia since 2004. At 6.4 cents per share (where RFG closed yesterday), those 2.1m new RFG shares are worth $134,400, so it could be a nice bonus for him - if he gets to sell them before the company goes broke. “The sale is part of our strategic decision to dedicate resources to … View the profiles of professionals named "Peter George" on LinkedIn. ASX:RFG profile with today’s share price, announcements, live price charts, upcoming dividends, annual reports and investor calendar. To the extent that it was understood by readers of that article that recently appointed executive chairman Peter George was responsible for RFG’s past troubles, or … It said under the leadership of Peter george RFG had taken steps to improve and enhance the franchisee system. It is Australia’s … But City Beat spies tell us that RFG chairman Peter George had effectively tapped Di Bella to serve as the coffee business CEO early last year after the departure of former top gun Darren Dench. David has a deep experience chairing key board subcommittees, especially in relation to audit and risk, and assumed Chairmanship of RFG’s Audit & Risk Management Committee contemporaneously with his appointment to the Board. RFG’s new executive chairman Peter George, who recently described the company’s performance as unsustainable, will assume CEO responsibilities “for the time being”. Peter G. George is Executive Chairman of the Board of the Company. He is an experienced executive and non-executive Director and executive, with an extensive background in telecommunications, media and corporate finance. Another shareholder asked the CEO and chairman what performance targets they were willing to undertake to measure the effectiveness of their strategy. Mark has held the position as RFG’s Company Secretary since the Company Listed in June 2006. Retail Food Group • All rights reserved • Copyright 2018, How Retail Food Group paid down $265m in debt and is adapting to “the new normal”, Gloria Jean’s launches three new Oreo Chillers this Summer. According to RFG executive chairman Peter George the company is frustrated by the lack of progress when dealing with landlords and the unwillingness he has seen from lessors to provide meaningful assistance. Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and election as Chairman of the Board in October 2018. Retail Food Group has announced that they have appointed Peter George as the new chairman of the group. View Peter George, Managing Director - Prima Careers’ profile on LinkedIn, the world’s largest professional community. He was appointed Executive Chairman on 7 November 2018, and subsequently assumed CEO responsibilities on 3 December 2018. Peter George is Chairman/Group CEO at Retail Food Group Ltd. See Peter George's compensation, career history, education, & memberships. Mark joined RFG as Corporate Counsel in July 2004, having previously represented the Company in private practice since 1999. Another shareholder asked the CEO and chairman what performance targets they were willing to undertake to measure the effectiveness of their strategy. He brings over 15 years’ experience across a variety of major brands and organisations including Cadbury Schweppes, Asahi, RFG and, more recently, Sonofi Consumer Healthcare. 1H20 also witnessed the Company’s entry into a binding agreement, which settled on 3 January 2020, to dispose of the loss-making Hudson Pacific … Prior to joining RFG, Peter worked with KPMG where he managed the Assurance and Advisory Division. "Dairy Country's Tullamarine facility … "Unfortunately, less than 30 per cent of these concessions have been formalised by landlords via adjusted rental statements," says George. Prior to joining RFG, Peter worked with KPMG where he managed the Assurance and Advisory Division. Peter George (Executive Chairman) Website: rfg.com.au: Founding. “A number of positive indicators were being observed across RFG’s business, particularly in Brumby’s Bakery, the QSR division and outlets situated within regional locations,” George said. David’s executive career included extensive food industry experience through a range of accounting, finance and commercial roles with Goodman Fielder Limited, including the position of Group M&A Director. Kerry is a Fellow of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia. Last Trade (AUD): 0.072 +0 (+0%) Tab Bar 1. She is a director of the Richmond Football Club and its health, fitness and leisure business, Aligned Leisure. The company also produces coffee. "Unfortunately, less than 30 per cent of these concessions have been formalised by landlords via adjusted rental statements," says George. Mr George said RFG … In a statement, RFG acknowledged the legal action against 42 of its corporate-owned stores and the management of its marketing funds, which it … For further information, interviews or images, please contact: Belinda Hamilton, RFG Chief Communications Officer, 0487 700 048 or Belinda.Hamilton@rfg.com.au . Retail Food Group Limited (ASX: RFG) advises that, as part of its broader turnaround strategy, which included significant Board renewal, recently appointed independent non-executive Director, Mr Peter George, has been elected Chairman, effective today. RFG is a global food and beverage company headquartered in Queensland. Peter was also a non-executive Director and Chair of the Audit and Risk Committee of Asciano Limited from 2007 – 2016, and spent four years on the Board of Australia’s second largest telecommunications carrier, Optus Communications between 1994 – 1998. The company roasts and supplies coffee to its network. RFG Executive Chairman Peter George commented: “I firmly believe the initiatives outlined below and implemented by the new management of RFG have already … Retail Food Group (ASX:RFG) is a global food and beverage company based in Queensland, Australia. RFG had consolidated its wholesale coffee business under the Di Bella Coffee brand, which was the future of the company's business, Mr George said. He is currently a Director of Event Hospitality and Entertainment Limited and Murray Goulburn Cooperative Limited (including its associated listed unit trust). Peter George (Executive Chairman) Website: rfg.com.au: Retail Food Group (Australia) Limited, often abbreviated as RFG (ASX: RFG), is an ASX listed company and Australian franchisor based in Southport, Queensland. Sue Mitchell Senior reporter Updated Dec 3, 2018 – 4.25pm, first published at 3.02pm Retail Food Group's new executive chairman Peter George has taken over day … Executive Chairman Peter George said his role would be to further support the Board and the Group CEO in steering the Company back to a position of improved performance and financial stability. Market Cap (AUD): 152.65M. Shares in the company, last trading at about 7c, were placed in a halt on Tuesday morning pending an announcement. For Peter George, who has worked on the turnaround of companies including Optus and Asciano, RFG's woes can be traced back to a rapid acquisition-driven growth spurt from 2012 to 2016 which led to an "unprecedented" level of management complexity. Matt returned to RFG as Head of Growth in early 2020. Responding to the announcement, RFG executive chairman Peter George … Sector: Consumer Discretionary. RFG executive chairman Peter George said trading conditions across the business had been impacted throughout the half, and had produced mixed results. Executive chairman Peter George said RFG, which also owns Michel's Patisserie, Brumby's Bakery and Gloria Jean's Coffees, could not reach a deal that was in the best interests of the company. Peter George biography. Peter has 7 jobs listed on their profile. Photo: Supplied. Kerry joined the Board on 27 August 2015. The sale is part of RFG executive chairman Peter George’s turnaround plan, which involves selling off non-core parts of the business and focusing on the franchisees and coffee roasting. Executive chairman and CEO Peter George talks to QSR Media in an exclusive interview. The sale is part of RFG executive chairman Peter George’s turnaround plan, which involves selling off non-core parts of the business and focusing on the franchisees and coffee roasting. Damian was part of the turnaround team tasked with moving McDonald’s Korea into growth, and has a passion for customer experience, growing franchisee sales and using simple, robust systems and processes to drive bottom line profits at the retail level. The man who has been tasked with the company's turnaround, executive chairman Peter George, will assume CEO responsibilities for the time being. “A number of positive indicators were being observed across RFG’s business, particularly in Brumby’s Bakery, the QSR division and outlets situated within regional locations,” George said. RFG could face fines stretching into the tens of millions of dollars if found to have breached both the Consumer and Franchise Codes. Portfolio of companies. He led the restructuring and merger of listed print, media and digital services provider PMP Limited as Managing Director from 2012 – 2017, and was Executive Chairman of Nylex Limited from 2004 – 2008. Shares in the company, last trading at about 7c, were placed in a halt on Tuesday morning pending an announcement. "This has led to high levels of … As the new executive chairman of the scandal-plagued owner of franchises including Michel’s Patisserie and Gloria Jean’s, Mr George has the unenviable task of trying to save Retail Food Group. The company is focusing on its core franchising and coffee businesses as well as applying a new franchise system across … There are 90+ professionals named "Peter George", who use LinkedIn to exchange information, ideas, and opportunities. She is a member of the Law Institute of Victoria. RFG is Australia’s largest multi-brand retail food and beverage franchise owner which also roasts and supplies high-quality coffee products. Peter was appointed as Chief Financial Officer in February 2012 after joining RFG in early 2009 as Divisional Financial Controller. Executive chairman Peter George is also exploring the potential of augmenting their master franchise model to restart international growth. Responding to the announcement, RFG executive chairman Peter George … RFG said it considers the issues that were subject to the proceedings were narrow in scope and focus. ENDS. Mr George said: “RFG has strong foundations in its business model and retail brand systems. Mr Lonie noted that their joining the Board is testament to their confidence in RFG’s business model and strategies being implemented by it. Retail Food Group (RFG) has appointed ‘turnaround specialist’ Peter George as its new chairman, after laying out a three-pronged strategy to stabilise, optimise and reinvest in the business at its annual general meeting (AGM) on Thursday. RFG executive chairman Peter George said trading conditions across the business had been impacted throughout the half, and had produced mixed results. Interestingly, Peter George had 2.1 million performance rights vest on August 28th, while just 900,000 (0.9m) performance rights lapsed. Peter was appointed as Chief Financial Officer in February 2012 after joining RFG in early 2009 as Divisional Financial Controller. He is an experienced executive and non-executive Director and executive, with an extensive background in telecommunications, media and corporate finance. “The recent performance results during the turbulence of the COVID-19 impacted trading period is testament to the value of RFG’s financial … The note was sent by Retail Food Group’s (RFG) recently appointed executive chairman, Peter George, to franchisees hours after a bipartisan report into the $170 billion franchise sector tore strips off RFG, which operates brands including Gloria Jeans, Donut King, Brumby’s, Michel’s Patisserie, Crust Pizza and Pizza Capers. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Executive chairman Peter George says RFG has prioritised the improvement of leasing arrangements and COVID-19 relief for its franchise community, with concessions having been negotiated for more than 400 stores. RFG's executive chairman, Peter George, said the result showed the company was "clearing the decks" and stabilising the company. Next, we’ll consider growth that the business demonstrates. Retail Food Group (RFG) has appointed ‘turnaround specialist’ Peter George as its new chairman, after laying out a three-pronged strategy to stabilise, optimise and reinvest in the business at its annual general meeting (AGM) on Thursday. Retail Food Group • All rights reserved • Copyright 2018, Director of Corporate Services and Company Secretary, How Retail Food Group paid down $265m in debt and is adapting to “the new normal”, Gloria Jean’s launches three new Oreo Chillers this Summer. RFG's executive chairman, Peter George, said the result showed the company was "clearing the decks" and stabilising the company. Peter has been a member of the Institute of Chartered Accountants in Australia since 2004. RFG is a global food and beverage company headquartered in Queensland. Peter was appointed Executive Chairman of RFG effective 7 November 2018, following his original appointment as a non-executive Director in September 2018, and … Retail Food Group's Peter George says he is “very confident” the company can be turned around The franchisor previously reported a $111.1 million half-year loss in February. He has a successful 30 year career as a senior… It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. Executive Chairman. Market Cap (AUD): 152.65M. "The health and safety of our staff and customers is our priority," Peter George, RFG executive chairman, said. Executive Chairman. George, who joined the board as a non-executive director in September, was elected chairman on Friday. Peter was also a non-executive Director and Chair of the Audit and Risk Committee of Asciano Limited from 2007 – 2016, and spent four years on the Board of Australia’s second largest telecommunications carrier, Optus Communications between 1994 – 1998. Retail Food Group (RFG) is the latest major food & beverage company to bet on additional off-premise channels to offset the lingering impact of COVID-19 to its shopping centre locations. He was promoted to the position of Head of Retail in November this year, and now leads IconicCo, the Company’s internal division which manages the Group’s retail franchise networks. Peter George. Follow Retail Food Group (ASX:RFG) Peter George. It said under the leadership of Peter george RFG had taken steps to improve and enhance the franchisee system. ... RFG… It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. Executive chairman Peter George said RFG, which also owns Michel's Patisserie, Brumby's Bakery and Gloria Jean's Coffees, could not reach a deal that was in the best interests of the company. He has since developed his career within RFG’s operations and legal departments, holding positions including Deputy Chief Operating Officer, Chief Legal Officer and Chief Operating Officer. Kerry’s professional background is in commercial law, and she has extensive experience across international markets in the retail and franchise areas. “The current management team and Board completely understand that RFG’s future success is directly linked to the profitability of its franchisees,” Chairman Peter George said. Bachelor of Commerce/Bachelor of Laws. Retail Food Group's Peter George says he is “very confident” the company can be turned around The franchisor previously reported a $111.1 million half-year loss in February. Retail Food Group executive chairman Peter George. There are 90+ professionals named "Peter George", who use LinkedIn to exchange information, ideas, and opportunities. The Company also operates in the foodservice and dairy processing sectors. Former directorships include iiNet Limited and Consolidated Rutile Limited. Matt has held a number of senior commercial roles including Head of Sales, Head of Trade Marketing, Managing Director – Brumby’s Bakery, and General Manager – Commercial Partnerships & Planning. Executive chairman Peter George says RFG has prioritised the improvement of leasing arrangements and COVID-19 relief for its franchise community, with concessions having been negotiated for more than 400 stores. Mr George joined the Board of RFG on 25 September 2018. It is Australia’s largest multi-brand retail food franchise owner and a roaster and supplier of high-quality coffee products. George was recently appointed to the board of directors last September 25 as non-executive director. Retail Food Group (RFG) chairman Peter George says he is “very confident” the Queensland-based franchisor can be … Peter George. Damian has over 30 years’ experience with McDonald’s, starting as a crew member at age 15 and going on to work at McDonald’s Australia and the USA, before leaving as VP Operations for McDonald’s Korea. RFG is a global food and beverage company headquartered in Queensland. "Dairy Country's Tullamarine facility … For Peter George, who has worked on the turnaround of companies including Optus and Asciano, RFG's woes can be traced back to a rapid acquisition-driven growth spurt from 2012 to …