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Top 100 : 2012
Chris Raine, 60 CEO, Alstom Australia and New Zealand, Sydney Mechanical engineer, University of NSW AN INFRASTRUCTURE engineer for the entirety of his career, Chris Raine com- mands the Australia and New Zealand arm of global transport infrastructure, power generation and transmission company Alstom. The company, which claims that one in four of the world s light bulbs are powered by Alstom technologies, employs 92,000 staff -- 1000 of whom fall under Raine s leadership in Australia and New Zealand s power, transport and transmission sections. For the fiscal year ending 31 March 2012, Alstom earned global revenue of €$22 billion (about $26 billion), while maintaining a presence in about 100 countries. Within the past 12 months, Raine has led Alstom in the expansion of its Australian operations, with the company last year signing $130 million worth of contracts to deliver three new high-voltage electrical substations for Transgrid. To be installed in Sydney and central west New South Wales, the substations are due for completion in 2013. Raine is national vice-president of the Australian Industry Group and a mem- ber on the Industry Advisory Network of the University of Technology Sydney s engineering faculty. He is also a governor of the Electrical and Information Engineering Foundation at the University of Sydney. Nev Power, 53 Chief Executive Officer, Fortescue Metals Group Mechanical engineer, University of Southern Queensland NEV POWER was appointed CEO of iron ore company Fortescue Metals in July 2011 and became an executive director in September after joining the company in February. As the head of a business with over 3000 employees, a revenue of over $5.5 billion and a $20 billion market capital, Power is leading Australia s third largest iron ore miner. Last month Power announced his plans for Fortescue to reassess its expansion strategy for Western Australian iron ore at the end of the next financial year, with the aim of focusing on reduced gearing as well as boosted dividends. He also expressed his intention to lead Fortescue in iron ore production at a rate of 155Mt/a by the middle of 2013, after which the company will reassess its plans to add another 100Mt by the middle of 2015. The company is expected to triple in size over the next two years, increasing iron ore exports by 180%. Prior to Fortescue, Power had held the position of chief executive Australian operations at Thiess construction business, where he had been responsible for a turnover of $4 billion/a and 3500 staff. He is an avid aviator, holding both helicopter and fixed wing licences. Richard Leupen, 58 CEO and Managing Director, UGL Limited, Sydney Mechanical engineer, University of NSW RICHARD LEUPEN is the managing director and CEO of infrastructure, rail, resources and services group UGL Limited. While its recent annual revenue of close to $4 billion marked a decline from its 2009/10 earnings of $4.4 billion, the company has nonetheless undergone a period of growth. In December 2011 it completed its acquisition of global real estate services company DTZ, which bolstered UGL Limited s property services business UGL Services into one of the largest in the world with a forecasted annual revenue of $1.9 billion. Last month, the company announced it had secured $190 million to deliver 38 locomotives to support iron ore operations in the Pilbara, coal shipments from the Hunter Valley, and general freight by PN Rail in Victoria and QR National. 51 ENGINEERS AUSTRALIA | JUNE 2012 TOP 100 COVER STORY Industry