The CEO Magazine Australia — November 2017

(Steven Felgate) #1

(^) Packed with
passion
For Nigel Garrard, the future looks bright
for Orora after the demerger from Amcor.
WORDS BILYANA DI COSTANZO • IMAGES ORORA
T
he demerger of Amcor’s Australasian packaging and
distribution division as Orora in 2013 acknowledged
that the two companies were different in terms of
product segment and geographic attention. Thus, it
made sense to separate the packaging and distribution
arm from the rest of Amcor’s operations, which
concentrates predominantly on flexibles and rigid plastics packaging.
The last time The CEO Magazine spoke to Nigel Garrard, he was
president of Amcor’s Australasian packaging and US distribution
business, and now he is the managing director and CEO of Orora –
we ask him to explain the catalyst behind the split. “It mainly came
down to focus. The demerger has enabled both businesses to focus
on their core business models and to have their own direction.
Amcor shareholders received one share in Orora for each Amcor
share they owned,” he says. »
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