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 Landmark catches restructure bug 

Landmark catches restructure bug

30 Jul, 2009 03:52 PM
LANDMARK is in the midst of a management and back-office shakeup which will see it adopt a regional structure similar to major rival, Elders.

A company spokesman said the “continued evolutionary development” of the company was designed to not only cut costs, but to improve decision making and flexibility.

The south east region will encompass Victoria, South Australia and Southern NSW, answering to Melbourne; the north east will incorporate Queensland, northern NSW and part of the Northern Territory, answering to Brisbane; and the west will include Western Australia and the rest of NT.

NSW manager, Robert Payne, Dubbo, has been appointed north east sales and operations director, based in Brisbane.

The spokesman said the moves, which involve changes to about 170 roles, would not affect staff dealing face-to-face with clients.

“For the most part, clients won’t see any difference.”

State-based management teams in NSW and South Australia will be dismantled, with many staff offered alternative roles.

A range of back-office jobs in areas including wholesale purchasing, credit and finance are also set to go.

AWB bought Landmark for $718 million in 2003, closing the company’s Sydney office the following year.

Landmark Rural Services posted a strong performance in 2008, lifting earnings before income tax, depreciation and amortisation by 66 per cent to $90 million.

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