TREVOR O’HOY FIGHTS FOR FOSTER’S

There’s a great article in The Sydney Morning Herald outlining the struggles surrounding Trevor O’Hoy, Foster’s president and ceo, and the troubled company. To check it out, click here. We included an excerpt below.

“Since then, everything outside his control that could go wrong, has. An international wine glut, overproduction in Australia, and a rapid lift in the Australian dollar has crimped revenue.

Things under his control haven't fared much better. Key executives have quit, integration of the beer and wine businesses has been more painful than anticipated and the big cost savings have failed to materialise.”