Our People
Central Capital Management’s core team, include co-founders John Birch and Gary Mollard as the executive directors and Rory MacGillycuddy as the CEO.
The core management team is committed to an active involvement in our investments. We work with companies through their expansion issues, helping them grow their revenues and returns.
Central Capital Management’s core team:
- Gary Mollard
- John Birch
- Rory MacGillycuddy
Gary Mollard - Executive Director
Gary Mollard completed a BA in Economics in 1984, while employed full time by Fletcher Merchants Limited. While on a year’s leave of absence form Fletchers in 1986, Gary completed an MBA (Cranfield). Since then he has held a number of senior management positions including: General Manager of Marketing at Golden Bay Cement; General Manager of the Natural Gas Company group of companies; Managing Director of Avalon Studios Limited; and, until recently, Managing Director of NDA Engineering Limited.
Gary led the initial MBO of NDA in 1998 and grew the business significantly. Following strong growth from acquisitions and organic growth, NDA now has wholly owned operations in New Zealand, Australia, China and the United States. Current annual revenue of the NDA Group are over NZ$250 million. NDA is a world leader in the fabrication of stainless steel process vessels and heat exchanges for industry, as well as a leader in the provision of other specialist products and services to key markets around the world.
Following a competitive bid process, NDA introduced a new investor (RMB Capital Partners, Sydney) in April 2007. After helping to establish a strong management team, Gary took the opportunity to reduce his time commitment to NDA and relinquished the Managing Director role. However, Gary remains a valued part of the team, retaining an investment in the group and a directorship.
Gary is also chairman of Aber Holdings Limited (a Hamilton based product and appliance distribution company) and a director of Innovation Waikato Limited. Innovation Waikato Limited is the operating company created to develop and deliver services for tenants of the Waikato Innovation Park. The Waikato Innovation Park has been established from a public/private partnership to enhance Waikato’s economic growth by strengthening innovation in the region's world leading Agritech and Agbio sectors; it is currently home to over fifty companies.
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John Birch - Executive Director
John spent the early part of his business career managing major dairy and food industry projects. Until 2000, John was a shareholder and director of McClunie Birch Limited.
McClunie Birch Limited grew over a ten year period to be New Zealand’s largest provider of process equipment and solutions to the dairy and food industries. During this time John was heavily involved in the growth of the group, including management of the offshore subsidiaries in Asia and South America and the acquisition of manufacturing operations. During that time, John built a formidable network of contacts across various industries and countries. McClunie Birch group was ultimately sold to Downer EDI Limited.
Subsequent to exiting McClunie Birch, John became chairman and a director of Innovation Waikato Limited, assisting in its successful launch (John has since resigned from this directorship to focus on his current endeavours). John’s other directorships include WEL Networks Limited (which provides electricity distribution services to the Waikato with some 80,000 customers), Habitat for Humanity (Waikato) (one of twelve regional operations in New Zealand of the international not-for-profit organisation) and Hamilton International Airport (the fourth busiest airport in the country)
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Rory MacGillycuddy - Chief Executive
Rory holds a MA Hons from Trinity College, Dublin, Ireland. He graduated in 1994 and worked in investment banking roles for Royal Bank of Canada and Banque Paribas, London. He spent a year as a stockbroker in Dublin prior to emigrating to New Zealand in 1999.
Rory joined ANZ Corporate & Institutional banking where he had a number of relationship roles culminating in his appointment as Relationship Manager Corporate Banking where he was one of the top performers in terms of client satisfaction and portfolio profitability.
In 2004 Rory joined the newly formed Corporate Banking division of ASB Bank where he built a portfolio of clients across a number of industries and geographies. One of his clients was NDA Engineering through which he met Gary Mollard and John Birch.
The most recent roles undertaken by Rory involved investment analysis, project management (including the evaluation and prioritisation of a range of funding decisions) and negotiating with shareholders (including private equity investors).
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