As CEO of Ilum-a-Lite Mark has developed the market in Australia and internationally for the Light Eco product range. Since assuming the role of CEO, the company has been solidly profitable, delivering very good returns to its shareholders and is debt free. Light Eco has now been installed on 7 Continents and export sales have been as much as 33% of total sales. More than 75,000 units have been installed worldwide. Since 2004, Mark has formed a Joint Venture Company in China in which Ilum-a-Lite owns 51%. He recently established Ilum- a-Lite International, headquartered in Singapore to develop the South East Asian market.
In 2006 Mark commenced a growth strategy for the Company which has seen new products such as Save It Easy®, high performance LED lighting and Light EcoZone® developed and sourced. The company is now a focused energy saving solution provider with a mix of products and services delivered by a team of highly skilled people. Staff numbers have increased in response to the growing demand for the company’s solutions, both locally and internationally. In 2011, Mark oversaw the acquisition of a venture capital investment with Cleantech Ventures to help propel the company’s growth, especially in overseas markets.
Peter is a chartered accountant with more than 25 years experience assisting businesses in senior executive roles. He was a partner with national firm Grant Thornton including National Chairman of the Insolvency and Reconstruction practice. In this role Peter was the Administrator of the Patricks Stevedores Group in the waterfront dispute.
Peter has held senior finance roles with MLC Limited and Challenger Limited. At Challenger, Peter was Chief Financial Officer of the insurance and asset management group and an executive director of four ASX listed Managed Investment Schemes dealing with infrastructure and property. Peter was also a non-executive director in investee companies.
Most recently Peter was the CFO of ASX listed Alinta Energy Limited as well as an executive director of all trading and borrowing companies. In this role Peter, with his co-director, was able to stave off the closure of the business and affect a superior return to both shareholders and lenders through a debt for equity swap and asset transfer, in what was described by the Australian Financial Review as one of the most complex restructures in Australian corporate history.