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Top 100 : 2012
Chris Roberts, 58 CEO and President, Cochlear Limited, Sydney Chemical engineer, University of NSW AFTER PRESIDING over Cochlear for a prosperous financial year in 2010/11, Dr Chris Roberts has needed to overcome a series of obstacles over the past several months in his guise as CEO and president of the hearing loss solutions company. A voluntary product recall in September 2011 cost Cochlear $138.8 million, which resulted in a loss of $20.4 million for the first half of the 2012 financial year -- a sharp contrast to the $87.2 million profit posted in the corresponding half of the previous financial year. Despite this setback, Roberts remains optimistic. "It has been a challenging year, however, the Cochlear team dealt with the challenges very effectively, managing the entire supply chain and extensively supporting recipients and healthcare professionals," he said. In February Cochlear reported weekly implant production schedules had surpassed pre-recall levels. Grant King, 57 Managing Director, Origin Energy, Sydney Civil engineer, University of NSW A VETERAN leader of ASX top 20 company Origin Energy, Grant King has continued to find new ways to propel his company to excellence. For the year ending 31 December 2011, Origin reported a half-yearly revenue of nearly $6.5 billion and underlying profit of $489 million -- a marked improvement on the previous half year s results of $4.59 billion and $304 million, respectively. The company s most recent six months have been similarly on track, with Origin last month announcing its Australia Pacific LNG project had secured $8.75 billion in project financing. Within the same month, the company entered into an agreement to sell its Tariki, Ahuroa, Waihapa and Ngaere fields in New Zealand s Taranaki region, along with the Waihapa Production Station and associated infrastructure assets, to New Zealand Energy Corp for $32.5 million. Peter Coleman, 52 Managing Director and CEO, Woodside, Perth Civil engineer, Monash University WHILE HE has only held the position since May 2011, Peter Coleman hit the ground running after his appointment as Woodside s managing director and CEO. As Coleman said in his presentation at the Woodside 2012 annual general meeting, the company has extensively redeveloped its North West Shelf Project in Western Australia, which produced 64.6 million barrels of oil equivalent and generated a record revenue of $3 billion in 2011. During the same period, the company achieved the best safety performance on record for its Karratha Gas Plant. Overall, high commodity prices facilitated a 14.5% increase in sales revenue last year, and an underlying net profit increase of 16.7% to $1.66 billion. In May of this year, Woodside s Pluto LNG project, which is expected to gener- ate a long-term average production of 37 million barrels of oil equivalent per year, produced its first liquefied natural gas. Coleman migrated to Woodside from ExxonMobil, where he served as the vice president of its development company, with responsibility for oil and gas develop- ments around the world. 56 ENGINEERS AUSTRALIA | JUNE 2012 COVER STORY -- TOP 100