19.11.2012 Views

Saiccor - The First 50 Years 5.8 MB - Sappi

Saiccor - The First 50 Years 5.8 MB - Sappi

Saiccor - The First 50 Years 5.8 MB - Sappi

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>The</strong> <strong>First</strong> Fifty <strong>Years</strong><br />

Norman Wooding (PhD chemistry), then Deputy<br />

Chairman of Courtaulds, became Chairman of <strong>Saiccor</strong><br />

on 1 April 1983, having been on the <strong>Saiccor</strong> Board since<br />

March 1977�<br />

From 1 April 1983 the Board comprised: N S Wooding* (Chairman),<br />

N Boulter*, P L Dell*, M Macdonald, O W Tainton, J L van der Walt,<br />

P J van Rooy, J R Wrangham*� (*British)<br />

Over this period changes to the Board were:<br />

S Huismans appointed November 1983<br />

O W Tainton resigned March 1985<br />

J R Wrangham resigned March 1985<br />

G B Turner appointed March 1985<br />

P L Dell resigned December 1985<br />

N S Wooding resigned December 1985<br />

Significant changes had occurred in Courtaulds that were to have a<br />

strong influence on <strong>Saiccor</strong>� Sir Arthur Knight had succeeded Lord<br />

Kearton as Chairman of Courtaulds and to a large extent he followed<br />

the same expansionist policies as Kearton� In 1979, at the age of 43,<br />

Christopher Hogg took over from Knight as Chairman� Hogg, after<br />

majoring in English at Oxford, went to the Harvard Business School<br />

and then spent a further year teaching at IMEDE, a business school<br />

in Lausanne�<br />

For the next five years he worked for merchant bankers in the City<br />

of London before joining Courtaulds in 1968 as a director of<br />

International Paints� Hogg’s policy, simply put, was that each business<br />

unit of the Courtaulds conglomerate had to make a profit or close<br />

down� Within 18 months he shed 21 000 jobs, almost a quarter of the<br />

UK workforce� Courtaulds was becoming leaner and meaner, but it<br />

took six years for profits to improve� Hogg was knighted in 1985�<br />

While Tainton was at <strong>Saiccor</strong> the new policies at Courtaulds did<br />

not filter through to <strong>Saiccor</strong>� However both Peter Dell and his<br />

successor, Gordon Campbell, saw their own career progression in<br />

Courtaulds, and both were keen to see <strong>Saiccor</strong> more like Courtaulds�<br />

For instance, in the Tainton era the budgeting process was simple�<br />

Tainton set the production figure, it was not debatable, it was a given�<br />

We made 1 0<strong>50</strong> t/d in 1982 and Tainton’s figure for 1983 was 1 100 t/d<br />

with no expansion projects�<br />

<strong>The</strong> Technical Manager forecast the raw material usages, and Tainton<br />

negotiated prices but kept them secret� <strong>The</strong> accountants determined<br />

R&M and labour costs from the previous years actual inflated by the<br />

CPI, then put the budget together and sent it to the directors� Proposals<br />

for capital expenditure were submitted to the March or October Board<br />

meetings� <strong>The</strong>re was virtually no further discussion on budgets�<br />

102<br />

Dr Norman Wooding,<br />

Chairman of <strong>Saiccor</strong><br />

1983–1986<br />

Sir Christopher Hogg

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!