2008 Experience
Chief Financial Officer
Pescott Group
Melbourne - Farmland Investment Group
The Pescott Group is currently focused on farmland investments in the areas of cropping, lambs, wool, dairy and forestry. The Group's geographic focus is Victoria and Tasmania.
One investment in the group has been an agricultural and forestry MIS manager and the Group is also developing a high-end grey water system.
Jason Bresnehan oversees the Group's accounting and financial management and works with the group principals with regard to strategy.
Non-Executive Director, Corporate Restructure Role
Environinvest Ltd, Trading as Primary Yield
Melbourne - Forestry and Agricultural MIS Manager
Environinvest is one investment of the Pescott Group, and Jason Bresnehan joined the company as a Non-Executive Director in July 2008 to assist in the final stages of a major asset divestment and planned restructure of the company.
The main asset that Environinvest owns and manages on behalf of investors is its forest assets which consists of 10,000 hectares of Tasmanian Blue Gum plantations. In March 2008 these assets together with freehold land owned or leased by Environinvest were independently valued at $180 million. The Company commenced an international sales campaign, supervised by Ernst Young, to sell these assets and return the proceeds to the creditors, investors and shareholders of the Company.
On the 19th of September 2008 the directors voluntarily appointed an Administrator to protect the tree assets from secured creditors who had security over land upon which those tree crops sit. On the 22nd of September the Commonwealth Bank of Australia appointed a Receiver and Manager to the Company. Because of the high profile of Jason Bresnehan's fellow Director Mr Roger Pescott, numerous erroneous statements and inferences concerning Environinvest and Roger Pescott have been made in the media and by the Receiver and Manager.
Jason Bresnehan continues as a non-executive Director of Environinvest Ltd (In Liquidation) and is assisting Roger Pescott in meeting the responsibilities of the Administrators and achieving the best possible result for all classes of creditors and shareholders.
Non-Executive Director, Distressed Company, Corporate Restructure Role
Motorway Tyres Pty Ltd, a subsidiary of Environinvest
Stawell and Melbourne - Tyre Remanufacturer
Jason Bresnehan became a Director of Motorway Tyres to undertake an assessment of the distressed business. The business was distressed as a result of global factors, such as the price of oil, the price of rubber, and the increase in the Australian market of extremely cheap brand new tyres from China and India.
Indeed Goodyear who owned South Pacific Tyres (another Australia tyre manufacture) was closed shortly before Jason Bresnehan's appointment to Motorway, as Goodyear with all its resources could not develop strategies to counter these global factors.
Over a 14 day period Jason analysed all core aspects of the operating business, strategic options, potential turnaround strategies, international and local sale opportunities and local and global market conditions. The decision was made to place the Company into voluntary Administration.
Jason worked with the Administrators as the key company contact. The Company has now entered Liquidation and Jason continues to work with the Liquidators to finalise the liquidation process.
Managing Director
Imagination Corporation Pty Ltd
Launceston - Web content manager for the Tasmanian Events Calendar
Jason Bresnehan is the managing Director a Imagination Corporation, a web content manager for the Tasmanian Government's Online Event Calendar.
Previously Imagination Corp, which Jason founded, was a developer of browser based work flow systems and websites and the company’s clients include who have included. the Tasmanian Department of Tourism, Arts and Environment, Australian Pork Limited, Durapost, the Catholic Youth Ministry, DairyTas, intoDairy, All 4 Adventure Tours, Real Estate Institute of Tasmania the, Streets Alive, Property Agents Board and the Derwent Estuary Program, Latrobe Speedway, Offroad Racing Tasmania, Catholic Youth Ministry and World Youth Day Tasmania, Sports Carnival Association of Tasmania.
Feasibility Study
Cradle Coast Authority
Burnie - Economic development authority for the Cradle Coast Region
Jason Bresnehan completed a feasibility study for the establishment of a network of Internet enabled information kiosks throughout the Cradle Coast region of Tasmania a region promoted by the Cradle Coast Authority.
The project includes understanding various Visitor Information Centre's needs, identification of off-the-shelf and customization options, the capital and operating costing of these options and a recommendation with regard to the best commercial option.
Business Plan & Property Development Plan
Tamar Valley Woodworkers Guild
Exeter, Tasmania
Jason Bresnehan completed a property development plan and business plan for the Tasmanian based woodworkers guild. The plans cetnre around the development of a wood working training workshop and retail gallery at the Guild's land in Exeter, Tasmania, a location central to the picturesque Tamar Valley's wine touring route.