John Wylie (businessman)

From Wikipedia, the free encyclopedia

John Wylie AM [1] (born 1961)[2] is a leading Australian investment banker. In 2013, he is Managing Director and Head of Corporate Advisory of Lazard. He is also Chairman of the Australian Sports Commission, State Library of Victoria and the Melbourne Cricket Ground Trust.

Personal

Wylie was born in Brisbane, Queensland in 1961.[2] His parents are Rodney and Nerida Wylie.[2] He is married to Monaco born Myriam Boisbouvier and they have four sons.[2] In 2011, his wife was appointed France’s honorary consul in Victoria.[3] He attended Brisbane Boys College. He holds a Bachelor of Commerce with first class honors from University of Queensland.[2][3] In 1983, he was a Rhodes Scholar and completed a Master of Philosophy at Balliol College, Oxford University.[3]

Business

After completing his Rhodes Scholarship, he took up a position with First Boston in New York.[3] He moved to Melbourne in 1991 with First Boston that later became Credit Suisse First Boston / Credit Suisse.[3] He was Managing Director of Credit Suisse First Boston between 1994 and 1999.[2] Major financial projects that he worked on included the privatization of QANTAS and Victorian Government’s sell down of its power industry between 1993 and 1999.[3] It has been stated that power industry sale project made his career as it resulted in $14 billion more than initial revenue projections.[3]

In 2000, Wylie with Mark Carnegie, he formed Carnegie Wylie.[3] In 2007, the business was acquired by Lazard.[3] In 2013, he is the Managing Director of Lazard in Australia. Wylie’s advice has been sought by significant companes including BHP Billiton, Telstra, Coles Myer, Transurban and Toll Holdings.[3]

Sport

Since 1998, Wylie he has been Chairman of the Melbourne Cricket Ground Trust. In 1999, he negotiated a deal where MCG received $5 million a year from the Australian Football League for 30 years.[4] From 2001 to 2006, as Chairman, he oversaw the Ground’s $465 million redevelopment for the Melbourne 2006 Commonwealth Games [4] In September 2012, he was appointed Chairman of the Australian Sports Commission taking over from Warwick Smith.[5] In announcing his appointment, Senator Kate Lundy said “"John has extensive experience in Australia's corporate and sport sectors and I know he will ably steer the board and oversee the continued growth of sport in Australia."[5] In November 2012, he announced a new elite sport strategy for Australian sport called Winning Edge 2012-2022.[6]

Wylie’s passion for sport also includes playing cricket and marathon running, accredited cricket coach, coaching his sons’ cricket team, attending Caulfield Bears junior football club games, Chairman of the Victorian Olympic Council Foundation Committee and Deputy President of Melbourne Stars.[3] He is a Collingwood Football Club supporter.[3]

Community

Besides his sport appointments, he was Honorary Treasurer of the Florey Neurosciences Institutes between 2007 and 2009.[2] In May 2012, he replaced John Cain as President of the Library Board of Victoria.[7] He is a Trustee of the Global Rhodes Trust.[3]

In 2006, Wylie walked the Kokoda Trail with a group called “Once Were Warriors". Members of the group included prominent Australians Simon Crean, Ron Barassi, Paul Little and John Betrand.[3]

In 2007, he was awarded Member of the Order of Australia (AM) for services to the investment banking and financial services industry, and to the community through sporting and medical organisations.[1]

References

  1. ↑ 1.0 1.1 "John M R Wylie". It's an Honour Website. Retrieved 7 February 2013. 
  2. ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Who's who in Australia. Melbourne: Crown Content. 2011. 
  3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 Kitney, John (16 September 2011). "The". The Australian. Retrieved 7 February 2013. 
  4. ↑ 4.0 4.1 Maiden, Malcolm (13 May 2006). "Respected deal maker lives the life of Wylie". The Age. Retrieved 7 February 2013. 
  5. ↑ 5.0 5.1 Lane, Sam (12 September 2012). "Wylie takes on key sports role". The Age. Retrieved 7 February 2013. 
  6. ↑ "AIS gains $20 million in shakep". Australian Broadcasting Corporation News, 30 November 2012. Retrieved 7 February 2013. 
  7. ↑ "John Wylie named 23rd President of the Library Board of Victoria". State Library of Victoria News. Retrieved 7 February 2013. 
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