2020 tma australia national conference

24 November & 01 December 2020

2020 TMA AUSTRALIA NATIONAL CONFERENCE

VIRTUAL EVENT

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Provision of a soft economic landing, through protecting business and economic interests, has become a central conversation in Corporate Australia since March when COVID-19 played out domestically.

As the premier association for the Australian turnaround and restructuring community, TMA Australia invites you to its annual showcase event. Presented in a virtual format, we bring together world-class speakers, highly relevant topics and turnaround case studies of all sizes, that will explore how business moves forward.

Under the theme ‘The New Normal’, TMA Australia’s 2020 National Conference will equip you with case studies, leadership stories and skills to deal with the special situations faced by corporate enterprises in these times of business disruption, political instability, market volatility and changing business frameworks.

2020 TMA Australia National ConferenceAustralia AssociationManagementTurnaroundClick to visit the conference site

https://tma.delegateconnect.co/

2020 TMA Australia National Conference

Australia

Click to visit the conference site

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• Political economist, Dr Andrew Charlton, will address the question - did Australia dodge a bullet or are we in the calm before the storm?

• Nev Power, Chair of the Government’s COVID Commission and former Fortescue CEO, will step us through what businesses need to consider as they adapt to the ‘new normal’.

• There will be a discussion with Susan Hodkinson (ANZ) and Gethin Jones (CBA) on how the banks are navigating the current environment.

• Hear from the dynamic partnership of Phil Reed the CEO Pizza Hut and Allegro Funds founder, Chester Moynihan on the turnaround of Pizza Hut Australia.

• We will speak with Christian Gergis (Australian Institute of Company Directors, AICD) and Kathleen Conlon (NED) to gain a policy and practice perspective on the issues confronting boards.

• There will be discussion about how COVID is creating changed behaviours in industry landscapes such as retail leasing.

• Larry Diamond, Founder and CEO of Zip Co will provide a glimpse into the world of the growing Fintech disrupter - where finance meets technology.

• A panel of TMA leaders will reflect on what 2021 looks like for the business community and the direction of the turnaround community.

• We will hear from TMA’s Global CEO, Scott Stuart on what is happening for turnaround and restructuring professionals around the world and the evolving role of the TMA.

• Foodbank Australia’s CEO will report on managing the dual crisis of bushfires and a pandemic - and in tandem Zurich, this session will also outline a response from one of Foodbank’s sponsors at a corporate and partnership level .

• Global industry expert in retail asset recovery, Nick Taylor from Gordon Brothers will provide an overview of the challenges and opportunities for retailers.

• A diverse group of leaders from the tourism, healthcare, retail and global ncommunications sectors and will talk through their challenges and the important of leadership.

• The conference will conclude with honoring the outstanding work of our TMA members and firms via the announcement of the annual 2020 TMA Turnaround Awards.


The array of speakers, subject matter and case studies is outstanding again this year:



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THE FIRST ONLINE CONFERENCETMA Australia invites you to a virtual opportunity created by other TMA members. Engage with the key issues in the restructuring and turnaround space from the people who know. Attend sessions, get continuing education credits, and network with friends and colleagues. The best part is that you get to engage your way, on your time, in your space, connecting and engaging in the experience options that mean the most to you!

This year’s TMA conference will offer education on-demand in an easy-to-use social media platform.


• Key insights will be shared by a diverse group of speakers and industries about how to successfully navigate today’s environment

• Hear from corporate leaders setting out their turnaround experiences and strategies

• Understand key turnround issues and reform initiatives within the industry

• Gain insights in to global trends affecting turnaround and restructuring

• Topical and emerging themes will be explored across challenged industry sectors

• Explore and understand strategies from turnaround case studies

• Network with attendees in real-time and make connections virtually via chat, interactive polls and Q&A

• Participate in interactive panel sessions and presentations

• Latest trends and developments surrounding turnaround and restructuring

WHY THIS IS A MUST ATTEND EVENT ON YOUR CALENDAR

Tuesday 24 November and 1 December 10am - 3.30pm

TMA Members: $140 NextGen members: $120 International: $150 Non-Member $190

(ex GST)

Now online Click here Email: [email protected] Call: +61 409 125 183

TIMINGS COST REGISTER


https://turnaround.org.au/conference/registration/


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INVESTMENTS & FINANCE ⁄ COMMERCIAL & INDUSTRIAL ⁄ RETAIL & CONSUMER PRODUCTS ⁄ VALUATIONS

WWW.GORDONBROTHERS.COM

117year history

A$90Bof appraisals and dispositions annually

A$1Bof available capital

100Kstores, factories & brands operated

A$1T+of assets appraised

40+countries



Australia


10.00am - 10.10am

Welcome 2020 TMA Conference Chairs: Ryan Eagle Partner, KPMG Jeffrey Largier Invesment Director, Allegro Funds Nikki Smythe Partner, Herbert Smith Freehills

President’s address: Carl Gunther, TMA Australia President

SponsorEventTime | Session

11.45am - 12.15pmSession 03

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PROGRAM OVERVIEW

DAY 1: TUESDAY 24 NOVEMBER

10.10am - 10.55amSession 01

Australia’s economic outlook: Is the worst over or is there more pain to come? Dr. Andrew Charlton Director, AlphaBeta (part of Accenture)This has been the deepest crisis of our lifetime, with massive falls in GDP and employment. But many parts of the economy seemed to have bounced back rapidly and strongly. Did Australia dodge a bullet or are we in the calm before the storm?


TMA Global perspective on Turnaround - The Great American Recovery and its Impact Scott Stuart TMA Global CEO Carl Gunther TMA Australia PresidentIn light of the pandemic and recent election what does this mean for turnaround and restructuring professionals in the US and around the world, and how the Turnaround Management Association is pivoting with purpose on a grand scale.retailers

You can’t direct the wind, so reset the sails Nick Taylor Senior Managing Director, International Retail, Gordon brothersIn rough seas and strong headwinds you have to reset your sails quickly, keep a careful hand on the tiller and chart a careful course. Smart retailers across the Globe are tearing up the 5-year plan and readapting their strategy to the New Normal; but what is the New Normal? The biggest challenge for retailers is not knowing what Covid-induced trends are here to stay; how ‘Sticky’ are they? Because, as a certain Mr Darwin once said “…the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself”.

Intermission11.30am - 11.45am

https://turnaround.org.au/conferences/tma-australia-national-conference/


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Banking sector; the balancing act Susan Hodgkinson Group General Manager Lending Services, ANZ Gethin Jones General Manager, Group Credit Structuring, Risk Management CBA James Marshall Partner, Ashurst (Moderator)Australia’s banking sector has been the backbone of the Australian business community throughout the COVID-19 crisis to date. As the economy begins the recovery process, the banking sector will be pivotal to Australia’s economic health. How, however, do the banks navigate the competing requirements of economic recovery against the still smarting needs of and public criticism spurned by the Hayne commission?


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PROGRAM OVERVIEW


1.30pm - 2.15pmSession 05



Retail Leasing: Contemplating the New Norm Laura Jayes Sky News (Moderator) Tony Doherty International Director, Head of Retail Australia, JLL Christian McKelvie Head of Marketplace, Catch Bill Eroglu General Manager Property, Mosaic Brands Ltd Michael Cook Group Executive Property, InvestaA range of perspectives discuss the structural forces facing retail property and what the future holds for both retailers and landlords.

Lunch and Networking Break1.00pm - 1.30pm

Governance in the time of COVID Christian Gergis Head of Policy, Australian Institute of Company Directors Kathleen Conlon Non-Executive Director Maria O’Brien Partner, Baker McKenzie (Moderator)Our director panel will discuss the matters exercising the minds of Australian directors in a COVID universe, including navigating liquidity issues in the face of significant uncertainty, the challenges of effective governance by zoom, and anticipating and adapting to the new normal, from both policy and practical perspectives.



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PROGRAM OVERVIEW



Pizza Hut delivers a turnaround fresh out of the oven Phil Reed CEO Pizza Hut Australia Chester Moynihan Founding Partner, Allegro FundsCEO of Pizza Hut, Phil Reed and Managing Director of Allegro Funds, Chester Moynihan will share detailed insight into the four year turnaround journey of Pizza Hut Australia, from stale, yet well-known brand to a resurgent challenger brand in the quick service restaurant industry. This dynamic partnership will run through the challenges and successes, from class action to the acquisition of a competitor pizza chain, and to running a franchise network in the midst of a global pandemic and then recession. Attendees to this session will gain key insights into the key elements needed for a successful business turnaround and how a true partnership can be forged.

3.45pm

Close Ryan Eagle Partner, KPMG Jeffrey Largier Invesment Director, Allegro Funds Nikki Smythe Partner, Herbert Smith Freehills


Intermission3.00pm - 3.10pm



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PROGRAM OVERVIEW

DAY 2: TUESDAY 01 DECEMBER


Business-led economic recovery Nev Power Exec Chairman of the National Covid-19 Coordination CommissionAs Chair of the National COVID-19 Commission Advisory Board, Nev Power has had a key role providing advice to Government from a business and industry perspective to help shape the plan for Australia’s economic recovery. He will discuss steps businesses need to take to adapt to living with COVID and opportunities to reconfigure and innovate to meet the challenges of economic disruption.

Leadership in a pandemic and beyond Rose Herceg Chief Strategy Officer for WPP AU NZ Matt Tucker CEO and President of GE Healthcare Pip Harrison Managing Director, Tourism Australia Jason Murray Group CEO, Value Retail Group Jason Preston Chairman McGrathNicol (Moderator)A diverse group of executives talk through the many challenges of 2020 and the importance of leadership in responding to change and what constitutes the new normal from their unique perspective.

Intermission11.50am - 12.00pm

Welcome 2020 TMA Conference Chairs: Ryan Eagle Partner, KPMG Jeffrey Largier Invesment Director, Allegro Funds Nikki Smythe Partner, Herbert Smith Freehills

Chairman’s Address: Cameron Belyea TMA Australia Chair, Partner, Clayton Utz

10.00am - 10.10am





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TMA-KordaMentha Survey - Key Insights James Wagg Executive Director, KordaMentha CorporateThe annual KordaMentha Corporate / TMA Australia survey collects key insights and opinions from a diverse group of turnaround practitioners to present a snapshot of the current turnaround and restructuring approaches and trends in Australia.

Turnaround - The new normal Lachlan Edwards Founder & MD Faraday Associates Jennifer Ball Partner, Clayton Utz Carl Gunther TMA Australia President (Moderator) Tim Klineberg Partner, King & Wood Mallesons Gayle Dickerson Partner, KPMGAs Australia nears the end of 2020 and looks forward to 2021, how will the business community respond to the challenges ahead?

What do we think we should expect to see from corporates, directors, financiers, investors and advisors as they deal with the unwinding of government support, legislative change and an economy exiting recession?

Our panel members will provide their thoughts on what the new normal looks like for the turnaround management community.


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PROGRAM OVERVIEW


Lunch and Networking Break1.00pm - 1.30pm



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How Climate Change is shaping investment and financial regulation Martijn Wilder AM Founding Partner, Pollination GroupA discussion of how climate risk may lead to stranded assets, the end for transition finance of particular industries and the implications for lenders, investors and advisers.



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All Zipped Up: Spotlight on an Australian Fintech dynamo Larry Diamond Founder & CEO, Zip Co Nikki Smythe Partner, Herbert Smith Freehills (Q&A)In a year of economic uncertainty and a global public health crisis, Australian fintech Zip Co has continued to go from strength to strength, launching new products and services and expanding its global footprint with strategic acquisitions. Larry Diamond, Founder & CEO of Zip Co, will share his insights on driving growth during turbulent times, innovation in financial services and the ‘new normal’ of the integration between technology and consumer spending.

Intermission 2.15pm - 2.20pm


Foodbank: Demand Intensity, and the facets of diverse food response Brianna Casey CEO, Foodbank Australia Linda Griffin Head of Brand, Marketing & Corporate Affairs, Zurich Marcus Derwin Founder of RCubed Group (Q&A)Faced with the crippling impacts of the bushfires across Australia, another crisis - in the form of a global Covid19 pandemic - was playing out. With escalating demands, this meant Foodbank needed to consider how to serve those in need and its wider operating model. We provide insights into the increased demand for food relief in Australia - those impacted, those who provide assistance and support and those who make it possible every day. In tandem with Zurich, we will outline a partnership example of change and how that organisation equally addressed response, both at a corporate and sponsorship level.



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2020 TMA Australia AwardsTMA Australia honours excellence through its annual awards program and this year via our virtual platform, we will showcase the broad spectrum of talent of our TMA members. Winnder will be announced in the categories of Turnaround of the Year (Small, Medium and Large) and Restructuring Deal of the Year.

3.30pm

Conference Close Ryan Eagle Partner, KPMG Jeffrey Largier Invesment Director, Allegro Funds Nikki Smythe Partner, Herbert Smith Freehills



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From obstacles to opportunities

As Australia and New Zealand’s leading working capital provider, we can lend based on a business’s assets as opposed to it’s performance, enabling us to help where others can‘t.

We have 30 years’ experience supporting businesses in turnaround, or those looking to enter safe habour. Whether we act as sole financier, or partner with your client’s bank, we can help with short term cash flow stress or assist with a complete restructure, without the need for restrictive covenants.

ScotPac.com.au/Turnaround

We can help where others can’t.



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GOLD Sponsor

Financial Sponsor

SESSION Sponsors

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SPONSORSThankyou to our conference sponsors:



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We are about connectivity, inclusion and supporting our market and community. TMA is committed to promoting the benefits that the turnaround industry has to offer the Australian business community and to facilitating a deeper restructuring market in Australia and fostering a turnaround culture. TMA is a non-profit association. Its local membership includes major trading banks, investment banks, private equity firms, hedge funds, finance, law, accounting & management consulting firms, together with chief restructuring officers; principally those who are actively engaged in financial and operational restructuring or provide ancillary professional advice.

The TMA’s major sponsors and/or board members include executives of Allegro Funds, Scottish Pacific, Ashurst, Clayton Utz, Corrs Chambers Westgarth, Deloitte, Ernst & Young, King & Wood Mallesons, Fortress Investment Group, McGrathNicol, Herbert Smith Freehills, Faraday Associates, Baker & McKenzie, KordaMentha, KPMG, BDO, Allens, Houlihan Lokey, RCubed Group, Moelis Australia and Arnold Bloch Leibler.

TMA’s commercial objective is to encourage and educate Board members and proprietors of distressed and underperforming companies to seek the support of TMA member organisations early, before the business is at risk of insolvency. TMA concurrently targets businesses that are shifting from maturity phase with growth ambitions; a point of the business life cycle when stakeholders would not typically be aware that restructuring initiatives must be pursued to ensure continued viability and business momentum.

We advocate early intervention to promote increased optionality for business and its incumbent stakeholders. This has significant consequential flow-on effects for business, including job preservation, economic stimulation, and wider community engagement.

Against the volatile global economic backdrop and the present flux experienced within the broader Australian marketplace, Boards, Financiers and Shareholders are increasingly recognising and embracing dedicated turnaround professionals to advise and restructure challenged businesses and business models.

TMA is committed to supporting the Australian community, from working with companies to implement turnaround plans, to working with regulators to propose broader policy and reform initiatives and through our support of our community partner Foodbank.

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