EY names WA’s winning entrepreneurs for 2014
Friday 22 August 2014 - Four of Western Australia’s most inspiring entrepreneurs haven taken home the top honours from last night’s 2014 EY Entrepreneur Of The Year Western Region awards ceremony in Perth. The winners, by category, were:
- Emerging – Michael Ottaviano, Carnegie Wave Energy Limited
- Industry – Bill Beament, Northern Star Resources Limited
- Services – Sam Mangione, Instant Waste Management
- Technology – Graeme Wallis, Wallis Drilling Pty Ltd
Also recognised in the non-competitive regional award categories were:
- Listed award – Jon Stewart, Aurora Oil & Gas Limited
- Social entrepreneurs – John Bishop and Vickie Davy, PetRescue
- Champion of Entrepreneurship – Jack Cowin, Competitive Foods
The Western Region winners, Social entrepreneur and Listed award recipient will go on to represent the state at the national awards in November, where they will compete for the title of 2014 Australian EY Entrepreneur Of The Year.
EY’s Perth Managing Partner, Michael Anghie congratulated the winners, saying they represented the high quality and diversity of the state’s entrepreneurial talent.
“Successful entrepreneurs have an extraordinary passion, self-belief and drive that keeps them going when others might give up,” Mr Anghie said. “Because of this, they are able to make a significant contribution to Western Australia’s economy and to the community by creating jobs, driving productivity, fuelling growth and inspiring others to act on business opportunities.”
“Each of our 2014 Western Region awards winners has demonstrated outstanding innovation, determination and entrepreneurial spirit. On behalf of EY, I congratulate them on their achievements and wish them the best of luck as they go on to represent our state at the national awards in November,” Mr Anghie said.
Greg Caust, General Manager, Corporate Financial Services WA, Commonwealth Bank, said that the Western Region consistently produces strong entrepreneurial talent.
“Western Australians have won the national EY Entrepreneur Of The Year Award four times now and the 2014 award recipients showcase the fresh thinking, business acumen and flair for innovation we have come to expect from the region,” said Mr Caust.
“Commonwealth Bank is the principal sponsor of the EY Entrepreneur Of The Year Awards and is proud to support a program that celebrates the accomplishments of Western Australian business leaders and their contribution to economic development.”
EY Entrepreneur Of The Year is considered the world’s most prestigious business award and is the only truly global program of its kind, with entrepreneurs participating in 145 cities in more than 60 countries. Over 1,200 outstanding entrepreneurs have been recognised through the Entrepreneur Of The Year program in Australia since 2001.
The overall 2014 Australian winner will be named at a gala ceremony in Melbourne on 20 November. The national winner will then go on to represent the country and compete in the EY World Entrepreneur Of The Year awards in Monte Carlo next June, following in the footsteps of last year’s Australian winner Andrew Bassat of SEEK.
For more information on the EY Entrepreneur Of The Year program go to www.ey.com/au/eoy.
2014 EY Entrepreneur Of The Year category winners, Western Region
Michael Ottaviano – Carnegie Wave Energy Limited
Michael Ottaviano joined the board of Carnegie Wave Energy Limited (Carnegie) as Managing Director and CEO in 2006. Carnegie is an ASX-listed inventor and owner of the patented CETO wave energy technology that converts ocean swell into zero-emission renewable power and desalinated freshwater. CETO is the only ocean-tested wave energy technology globally that is fully submerged and generates both power and desalinated water. Carnegie already established subsidiaries in the UK, Ireland and Chile and has won key project work in France. Michael plans to further expand the business internationally.
What the judges said: Michael Ottaviano is a dynamic entrepreneur who has primed Carnegie Wave Energy Limited to have a huge impact in the global renewable energy industry. An exciting and emerging West Australian business, Carnegie’s patented underwater design overcomes the challenges faced by previous wave energy converters opening up new possibilities in a developing sector. Under Michael’s entrepreneurial leadership, the ASX-listed company has enormous potential for international expansion.
Bill Beament – Northern Star Resources Limited
Bill Beament is the Managing Director of gold and exploration company, Northern Star Resources. Since joining the business in 2007, Bill managed to expand the business from $1 million market capitalisation back in 2007-2008 with just $5,000 in the bank, to $750 million market capitalisation and nearly $80 million in cash – all from production, not exploration. In future, Bill aims to grow Northern Star Resources from being an ASX 200 company to become the next ASX 100 listed gold producer. He already embarked on this next chapter of growth with further acquisitions, making Northern Star Resources the fifth-biggest ASX-listed gold producer.
What the judges said: With Northern Star Resources Limited, Bill Beament has achieved extraordinary growth in a short amount of time, delivering both high production and outstanding shareholder value. Bill’s commitment to instilling family values within a large listed company is inspiring. He has surrounded himself with the right team to ensure he is able to achieve his goals for Northern Star, remaining focused on productivity to rapidly realise his vision for the business.
Sam Mangione – Instant Waste Management
Sam Mangione is the managing director of Instant Waste Management, Western Australia’s largest privately owned waste business that offers a fully integrated waste management service. Sam co-founded Instant Waste Management in 1989 after successfully establishing and growing two other businesses. He commenced Instant Waste Management with one truck. Today, the company has a fleet of over 95 trucks, employs close to 100 people and conducts about 3,800 collection jobs per day. With the development of a material recovery facility that processes over 200,000 tons of mixed commercial and industrial waste, Instant Waste Management is setting new standards in recycling efficiency.
What the judges said: A serial entrepreneur, Sam Mangione founded Instant Waste Management after identifying new opportunities in the traditional waste management industry. Seeing a gap in the market, Sam set out to ‘own the waste’ and convert it to energy. Under Sam’s guidance, Instant Waste Management is setting new standards in recycling efficiency and helping to reduce the ever-growing size and environmental impact of landfill.
Graeme Wallis – Wallis Drilling Pty Ltd
Wallis Drilling is a Western Australia based family business providing multidisciplinary drilling services for the mining industry in Australia and overseas. In 1970, Graeme Wallis joined the company and changed its direction when he took on the role as Managing Director ten years later. He grew Wallis Drilling from a local operation into an international business through the diversification of their service offerings and an expansion into global markets. By 2018, Graeme’s goal for Wallis Drilling is to be internationally acknowledged as an outstanding provider of diverse drilling services and innovative engineering solutions to the mining and resources sector.
What the judges said: Through Wallis Drilling’s development of Aircore technology, Graeme Wallis has played a major role in revolutionising the resources industry. Aircore’s global application has allowed people to explore areas of the world they previously were unable to access. Graeme has demonstrated a can-do attitude towards continual innovation and his commitment to improving the drilling industry by setting up his own peak industry body is both remarkable and inspiring.
2014 EY Entrepreneur Of The Year non-competitive award recipients, Western Region
Category: Listed award
Jon Stewart – Aurora Oil & Gas Limited
Jon Stewart is the Executive Chairman and Founder of Aurora Oil & Gas Limited (Aurora). Aurora is an Australian and Toronto stock exchange listed company engaged in the development and production of oil, condensate and natural gas in the Eagle Ford Shale, Texas. In 2006, one year after inception, Aurora participated in the discovery of the large, multi-billion barrel Sugarkane Field in the Eagle Ford that is considered one of the largest oil discoveries made in the United States. Due to Aurora’s substantial drilling inventory, Jon says the company has many years of productive drilling ahead of it.
Category: Social entrepreneurs
John Bishop and Vickie Davy – PetRescue
John Bishop and Vickie Davy, together with Michelle Williamson, all true pet lovers, established PetRescue in 2003 as a small not-for-profit team dedicated to finding new homes for lost and abandoned pets. They believed there was a home for every rescue pet and enough love to save every life. Today PetRescue is Australia’s most visited charity website and the largest directory of rescue pets in Australia. PetRescue supports hundreds of rescue groups in their mission to save homeless pets from euthanasia. Since inception, PetRescue has saved over 215,000 animals and now helps over 700 individual groups to rehome 6,000 pets every month.
Category: Champion of Entrepreneurship
Jack Cowin – Competitive Foods
The Champion of Entrepreneurship award is a lifetime achievement award that recognises individuals who: have a long-term record of outstanding entrepreneurial achievement; have driven the growth of an Australian company, or companies, over a sustained period of time; and have made a significant contribution to their community.
Jack Cowin is Founder and Executive Chairman of Competitive Foods Australia Ltd. Jack moved to Australia from Canada at the age of 26 to establish his business with the support of loans from 30 Canadians. Today the business has grown from a single foodservice outlet to a business of $1.2 billion in revenue and employing 16,000 staff throughout Australia. The group is also the major shareholder in 3 companies operating in Canada and the USA as well as a joint venture in Malaysia. In addition to operating 350 restaurants in Australia, the company operates five manufacturing facilities producing frozen value added meat products, as well as processing fresh vegetables. It exports to 29 countries. Jack is a director of the Network Ten television business; Chandler McLeod, a listed recruitment company, Sydney Olympic Park, and Fairfax Media. He is also Chairman elect and the largest shareholder of Domino's Pizza, a listed public company. Jack is the largest shareholder in BridgeClimb, a major tourist attraction in Sydney. He has a wife of 45 years, 4 children and 11 grandchildren.
About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year™ is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognises the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, EY Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognising them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
The Australian Entrepreneur Of The Year awards program, launched in 2001, is conducted in five regions culminating in the national awards. The program honours entrepreneurs whose ingenuity and perseverance have created and sustained successful, growing business ventures. Entrepreneur Of The Year’s primary objective is to identify, acknowledge and celebrate the outstanding contribution entrepreneurs make to the Australian business community and economy.
The Australian Entrepreneur Of The Year program now has alumni of over 1,200 entrepreneurs who have participated in the program. Since the program’s inception more than 15,000 people have attended Entrepreneur Of The Year events and award ceremonies in Australia.
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