Directors of The ARK Fund
DIRECTORS
The Directors of The ARK Fund Limited are as follows:
John D Kenny
Simon Price
Marc Loftus
John D Kenny (Chairman and Managing Director)
On 18 August 2006, ARK's shareholders met and authorised ARK to enter into a contract with ARK Capital Pty Ltd pursuant to which the functions of the management of ARK as would normally be undertaken by a CEO will be performed by ARK Capital Pty Ltd, a company controlled and operated jointly by Dr Andrew Radomiljac, Mr Craig Anderson and Mr John Kenny. The same parties control and operate Rewards. That contract has been entered into and ARK is now managed by ARK Capital Pty Ltd. Rewards is a highly successful managed agribusiness investment schemes operator. Its net profit before tax for the Year Ending 30 June 2006 was $27.38M. Rewards is the largest shareholder in the Company. Mr Kenny holds the degrees of Bachelor of Commerce (Honours) and Bachelor of Laws from the University of Western Australia. Mr Kenny is a lawyer by profession.
Simon Price (Non Executive Director)
Mr Price is a co-founder and Director of corporate advisory firm, Azure Capital. Mr Price specialises in the areas of project finance, equity capital markets and mergers and acquisitions and has advised on transactions in various sectors, including natural resources, industrial and financial services.
Mr Price is a lawyer by profession and graduated from the University of Cambridge with a Masters of Law with first class honours. He also has a Bachelor of Commerce and a Bachelor of Laws with first class honours from Bond University.
Marc Loftus (Non Executive Director)
Mr Loftus is a partner with national accounting firm PKF. Mr Loftus has over 19 years experience with PKF in providing Australian and international businesses with financial and strategic advice, particularly in the areas of taxation and accounting. In addition to these traditional services, Mr Loftus has assisted clients with business and company valuations, financial feasibility analysis and business broking services.
Mr Loftus is a chartered accountant. He graduated from the University of Western Australia with a Bachelor of Commerce with a double major in Accounting and Finance. He also has a Bachelor of Business from Curtin University with majors in Valuation and Land Economy.
