Michael Riches

Michael Riches Email and Phone Number

Chief Executive Officer @ Dalrymple Bay Infrastructure
Australia
Michael Riches's Location
Australia, Australia
About Michael Riches

Michael Riches is a Chief Executive Officer at Dalrymple Bay Infrastructure. He possess expertise in private equity, business strategy, due diligence, financial risk, change management and 11 more skills.

Michael Riches's Current Company Details
Dalrymple Bay Infrastructure

Dalrymple Bay Infrastructure

View
Chief Executive Officer
Australia
Michael Riches Work Experience Details
  • Dalrymple Bay Infrastructure
    Chief Executive Officer
    Dalrymple Bay Infrastructure
    Australia
  • Dalrymple Bay Infrastructure
    Chief Executive Officer
    Dalrymple Bay Infrastructure Mar 2024 - Present
  • Altogether Group
    Chairperson
    Altogether Group May 2023 - Mar 2024
    Sydney, New South Wales, Australia
  • Axicom Pty Ltd
    Previous Chief Executive
    Axicom Pty Ltd Jun 2022 - Jul 2023
    Sydney, New South Wales, Australia
  • Axicom Pty Ltd
    Chief Executive Officer
    Axicom Pty Ltd Jul 2020 - May 2022
    Sydney, New South Wales, Australia
  • Aurizon
    Group Executive, Network
    Aurizon Jul 2017 - Dec 2019
    Brisbane, Australia
    Michael was the CEO of the Aurizon Network business, the largest operating division in the Aurizon group, where he led a business of over 1,200 people, $1.2bn of annual revenue and annual EBITDA of $450m.Michael is a highly successful strategic change leader. His key skill lies in solving complex strategic and operational problems and implementing the solutions efficiently and effectively. Through revenue and cost transformation; critical focus and change in customer management; and constructive collaboration with Federal and State government, Michael fundamentally transformed the way the Aurizon rail network operated, delivered by:• Ground-breaking change to the regulatory framework via a negotiated outcome with customers that delivered a 20% uplift in earnings;• Cultural and technological transformation of business process and customer engagement driving c.$130m of cost from a $400m compressible cost base; • Development of new products to adapt to the changing customer requirements adding c.$100m of revenue.
  • Alinta Energy
    Executive Director
    Alinta Energy May 2011 - Dec 2016
    Sydney, Australia
    Michael was a member of Alinta Energy’s Executive Team during his tenure at Alinta. Michael's role as part of the successful turnaround of the Alinta business was as the key change leader within the business. Major achievements included:- Michael designed and delivered the ‘Customer’s First Choice’ programme as leader of the Alinta Retail business of over 800,000 customers. This included developing and implementing the business' customer retention strategy at the time of entry by Wesfarmers into the WA residential gas market. In the first year of Wesfarmers aggressive market entry Alinta retained over 95% market share with gross margin loss of <1%- Recommending to the Alinta Board and then implementing the first closure of a major coal-fired power station in Australia delivering over $500m of enterprise value to the business. Through collaboration with key stakeholders, including State and Federal governments, unions and community, he created an industry benchmark with his stewardship of the closure of the Flinders coal-fired power station. - Implementing the business process changes required at the time of the introduction of the carbon tax in 2012-13
  • Clayton Utz
    Partner
    Clayton Utz Mar 2004 - Mar 2010
    Finance lawyer specialising in leveraged mergers and acquisitions, particularly for private equity and reconstruction of leveraged debt

Michael Riches Skills

Private Equity Business Strategy Due Diligence Financial Risk Change Management Finance Legal Advice Mergers And Acquisitions Corporate Law Energy Corporate Finance Strategy Contract Negotiation Joint Ventures Corporate Governance Business Process Improvement

Michael Riches Education Details

  • University Of New South Wales
    University Of New South Wales
    Bachelor Of Commerce; Bachelor Of Laws

Frequently Asked Questions about Michael Riches

What company does Michael Riches work for?

Michael Riches works for Dalrymple Bay Infrastructure

What is Michael Riches's role at the current company?

Michael Riches's current role is Chief Executive Officer.

What is Michael Riches's email address?

Michael Riches's email address is mi****@****.com.au

What schools did Michael Riches attend?

Michael Riches attended University Of New South Wales.

What skills is Michael Riches known for?

Michael Riches has skills like Private Equity, Business Strategy, Due Diligence, Financial Risk, Change Management, Finance, Legal Advice, Mergers And Acquisitions, Corporate Law, Energy, Corporate Finance, Strategy.

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