John Elliott’s Business Life

by John Elliott on July 4th, 2011

Next year, it will 40 years since John Dorman Elliott returned to Australia after spending two years in McKinsey’s Chicago office where he previously started with McKinsey’s in Melbourne shortly after gaining his MBA at Melbourne University in late1965. John’s decision to return to Melbourne at the age of 31 was a combination of family reasons and an ambition to acquire an underperforming Australian business where he could apply his valuable McKinsey training to run and improve the business target’s performance.

That company was Henry Jones IXL where over 18 years John and his senior management team progressively transformed the Tasmanian jam maker via strategic takeovers, into the fourth largest international brewer, Fosters.

Several books have been published on John’s business career and involvement in sport and politics. However, John has now decided to provide some personal insights and untold stories on key events , meetings, personalities and the challenges that he dealt with during this important period of his business life by presenting a weekly series over the next 4 months on his website. This series will trace the important chronological order events from 1972 to 1991 and the last 20 years at Fosters after John retired as Chairman and CEO in 1991. His insights will provide an unique story on how “Fosterising the World” was achieved.

This brief introduction by John was filmed in the old Commercial Bank Of Australia banking chambers in 333 Collins Street Melbourne where this bank played a key role in providing funding to his investment vehicle, General Management Holdings Pty Ltd (GMH) which successfully acquired Henry Jones IXL.

Technology for this recording has been provided by www.motionsuites.com

In the next episode John will reveal how he formed and funded GMH to takeover Henry Jones IXL and became its new CEO as a 31 year old.

Special thanks to Alberto Rice, Building Manager and his assistant Paul, of 333 Choice Properties Pty Ltd for allowing the John Elliott film crew to use this historic venue for this film recording.


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