New CEO Appointment

Sydney, December 10, 2009: A highly experienced financial executive with 22 years experience in the private and public companies of Kerry Packer’s organisation, Beer was employed by the Consolidated Press Holdings Limited Group in various management and key strategic positions from January 1981 to September 2003. This included 3 years as CFO of the ASX listed investment arm and 8 years overseas as CEO & Director of the international group, managing its international businesses and investments.  In 1998 Beer was also appointed CEO & Director of the international arm of Publishing & Broadcasting Ltd.  The last 6 years has been devoted to private investment interests.

In addition Beer has held a lifetime interest and involvement in the thoroughbred industry both locally and overseas.

“The appointment of Peter as CEO is another step in our pursuit of creating the leading commercial thoroughbred organisation in the country” Chairman Nathan Tinkler said yesterday. “I am personally committed to having only the highest quality staff to insure the success of Patinack, and Peter is a very welcome addition to the team.”
“Peter’s commercial expertise and keen interest in the industry will insure Patinack is operated in the most commercial manner and with our horses continuously competing at the top level, the future looks very bright indeed for Patinack Farm.”

“I am very excited to be joining Patinack, especially at this time in their development,” Beer says. “The results Nathan and his team have achieved in a short space of time are nothing short of phenomenal and I look forward to playing a part in future successes at Patinack.”

Beer will be based in Patinack Farm’s Sydney office and will take up his position commencing Monday 14th December.

Editors Note:
Founded on passion and personality, Patinack Farm has fast established itself as the next generation within the thoroughbred industry, by challenging tradition and raising the bar. 

Launched in 2007, Patinack Farm’s focus is on commercial breeding and racing with the aim of being recognised for superior quality and developing a strong culture of loyalty and commitment to the industry.  With clear, success-oriented business objectives and a driven team in place, who share a genuine belief in what they do, this wholly-owned Australian business is laying the foundations to be a leading racing facility in Australia and overseas.