Golf CEO re­signs

Yarrawonga Chronicle - - Front Page - BY ROBERT MUIR

Af­ter five years as Chief Ex­ec­u­tive Of­fi­cer at Yar­ra­wonga Mul­wala Golf Club Re­sort, Richard Hogg is to move to Syd­ney.

“On 15 Septem­ber 2018 it will be five years and as stated in my in­ter­view for the po­si­tion, I be­lieve that is long enough time for a CEO to com­plete the tasks set of him,” he for­mally ad­vised club pres­i­dent Gil Cun­ning­ham on August 9. “The board now has strate­gies and plans in place to build on these devel­op­ments and I be­lieve it is time for me to move on and an­other man­ager be ap­pointed to drive the busi­ness from here.”

Mr Hogg’s of­fi­cial last day of em­ploy­ment is Oc­to­ber 10 but will be on an­nual leave from Septem­ber 17 un­til that time. His last day in the of­fice will there­fore be Fri­day, Septem­ber 14.

“It will be with great sad­ness that I am leav- ing,” the 59-year-old told the Yar­ra­wonga Chron­i­cle.

“I’m very proud of what this club has achieved. It’s been a team ef­fort – staff and man­age­ment – with direc­tion from the board, all about a sus­tain­able fu­ture. The club has good plans, struc­tures and man­age­ment.”

In his time, YMGCR has un­der­taken

ma­jor projects in­clud­ing a $2 mil­lion ir­ri­ga­tion sys­tem, a cin­ema and lounge room, and bistro re­fur­bish­ment.

In con­junc­tion with Yar­ra­wonga’s Black Bull Golf Club, it has hosted the pres­ti­gious, award win­ning Le­gends event, the Se­nior Vic­to­rian Open Cham­pi­onship for the past three years. The PGA-run event is to con­tinue for the next three Fe­bru­arys. The 60-plus pro­fes­sion­als who play in the cham­pi­onships, in­clud­ing cham­pion Peter Se­nior from Queens­land, love the two cour­ses.

Mr Hogg will sub­mit his fi­nal CEO re­port for YMGCR’s An­nual Gen­eral Meet­ing on Thurs­day, Oc­to­ber 25. It will state an oper­at­ing loss for 2017/18 of $645,000 which is on top of the 2016/17 fi­nan­cial year’s loss of $305,000 due in no small mea­sure to clo­sure of much of the 45-hole golf course for six weeks because of spring rainfall and sub­se­quent flood­ing, and some as­set write-downs.

YMGCR’s 2017/18 re­port will also state a healthy trad­ing profit in ex­cess of $1.3 mil­lion.

A busi­ness needs to have chal­lenges ac­cord­ing to Mr Hogg. “Mem­bers here play safely and eco­nom­i­cally - we’re not ex­pen­sive. We al­ways try to keep sub­scrip­tions as low as pos­si­ble.

“Club costs have been go­ing up, we’ve had to find al­ter­na­tive rev­enue streams with the cin­ema, the la­goon area – club man­age­ment should not stop look­ing for op­por­tu­ni­ties.

“The func­tion room and bistro are go­ing very well. It’s a mat­ter of get­ting the right bal­ance between phys­i­cal and fi­nan­cial. It can be bet­ter. The busi­ness plan fore­casts a mod­est profit next year.”

Mr Hogg will take up duty at the Bon­nie Doon Golf Club in Syd­ney, a pri­vate 18-hole golf course. “I’m go­ing because of the sig­nif­i­cant chal­lenges there,” he said.

“I have en­joyed com­ing to work every day and pre­dict a sound fu­ture for YMGCR. “It’s hard to find a bet­ter club.

“There are re­ally good in­di­ca­tors. We’ve started the (fi­nan­cial) year very well. July and August have been good trad­ing months. It’s the best July in years. Four­teen wed­dings are booked over the next 12 months.”

Mr Cun­ning­ham said that the de­part­ing CEO has been the “driv­ing force be­hind sev­eral ma­jor projects, in­clud­ing the first lux­ury cin­ema at a golf club fa­cil­ity in Aus­tralia, pro­vi­sion of state-of-the-art machin­ery for the cu­ra­tion of our cour­ses which are in su­perb con­di­tion and of course a re­fur­bish­ment of our bistro”.

“The board is ap­pre­cia­tive of Richard’s vi­sion­ary en­deav­ours and we wish him well in his next phase of em­ploy­ment.

”YMGCR has con­tin­ued to trade prof­itably with this year’s trad­ing profit quite healthy, as has been the case year af­ter year.”

YMGCR’s CEO Richard Hogg mov­ing to Syd­ney.

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