Old Guildfordian "First Amongst Equals" in Business News Awards

27 Mar 2018

The School congratulates Old Guildfordian Raleigh Finlayson (Sc 1989-1995) for being named ‘First Amongst Equals’, the highest honour at the 2018 Business News 40under40 awards. As Managing Director of Saracen Mineral Holdings, Raleigh was chosen ahead of a diverse field of Western Australia’s young business and community leaders. Raleigh is the third Old Guildfordian in four years to be named ‘First Amongst Equals’, with Paul Blackburne (St 1986-1993) winning the award in 2016 and Dr Angus Turner (He 1988-1994) winning the award in 2015.
Mr Finlayson started with gold miner Saracen as chief operating officer in 2008, before becoming managing director in 2013 at 34 years of age.  Within a month of being appointed to lead the company the gold price had plummeted, leaving him facing some tough decisions. He initiated a strategic review, which included suspending a $25 million expansion project and cutting directors’ pays. These decisions paid off, and since then he has transformed Saracen from a $9 million company into a $1.3 billion miner – now the fifth largest gold producer on the ASX. As well as leading the 40under40 class of 2018, Mr Finlayson was also named winner of the large business category.
Click here to view the Channel 9 news interview with Mr Finlayson (link to website news section).