Saving Investa: How An Ex-Factory Worker Helped Save One of Australia's Iconic Companies - Softcover

MacDonald, Scott D.

Softcover

ISBN 10: 1681020807 ISBN 13: 9781681020808

Publisher: Next Century Publishing, 2019

Synopsis

It was the biggest investment in the history of Morgan Stanley's $100 Billion real estate fund business; it was one of the largest deals in the history of Australian property. In 2007, Morgan Stanley bought Investa Property Trust for more than $6.5 billion. In less than a year, the investment was in trouble. 

Scott MacDonald, an American CEO with no prior experience in Australia, agreed to meet with the Company and Morgan Stanley executives in Sydney for one week in 2008. He returned home more than five years later after guiding Investa through its perilous journey to survival.

The Company moved from crisis to crisis from 2008 through 2012, sometimes avoiding insolvency by hours. The drama of corporate survival is played against the backdrop of the Global Financial Crisis. 

The story of corporate struggle draws upon Scott MacDonald's personal experiences as chapters alternate between his life growing up and the fight to save Investa. His career includes an amazing range of experiences from fortune telling, street sweeper, and corporate CEO. Using stories and antidotes from every stage of his life, the Investa story is personalized and much more than a business memoir. 

About this title

From the Author:

Scott MacDonald is a seasoned American CEO who agreed to visit Sydney for a week in 2008 and give Morgan Stanley some advice on their struggling company, Investa. He returned home more than five years later. After growing up near Chicago, Scott has lived in many cities but now resides in Del Mar, CA. 

Review:

"A fascinating read. I particularly enjoyed the interwoven stories of family and past experiences. I am so glad you wrote your story."

(Scott MacDonald Lynn Thurber, Chairman and past CEO, LaSalle Investment Management)

"Scott MacDonald's gripping account of his five year effort to steer a multi-billion dollar Australian company through the Global Financial Crisis had me up late turning the pages. I was in deep suspense as each challenge arose."

(Scott MacDonald Niels Marquardt, U.S. Ambassador (Ret), CEO American Chamber of Commerce in Australia)

"Scott has given us a rare insight into his life, culminating in an insider's view into a $6.5 billion Australian company on the verge of collapse as it is caught in the throes of the Global Financial Crisis."

(Scott MacDonald David Baffsky, Chairman, Ariadne, Honorary Chairman, Accor Asia Pacific)

About this edition

• Publisher: Next Century Publishing
• Publication date: 2019
• ISBN 10: 1681020807
• ISBN 13: 9781681020808
• Binding: Paperback
• Number of pages: 320