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Rugby Australia restructure looks to achieve $15 million in savings
Rugby Australia has today announced another stage in its operational restructure aiming to reduce $15 million in operating costs from Australian Rugby over the coming months.
Rugby Australia continues to refine its core business services and future financial model through streamlining business functions and the removal of duplication.
Chief Business Officer Simon Rabbitt will leave the organisation with Adam Foulsham appointed in the new role of Chief Operating Officer.
Foulsham, a financial and operational executive will absorb the finance, legal and information technology teams across Rugby Australia as well as the development and implementation of the strategic plan, under a new streamlined model.
Foulsham has spent the last decade in New York having recently served as Chief Financial Officer at marketing agency Wunderman Thompson after leading the merger between the Wunderman and J Walter Thompson group of companies. He led all financial functions of the $1.3 billion dollar group and was responsible for savings of more than $125 million following a staff restructure before implementing new systems and improving processes.
Rugby Australia Interim Chief Executive Rob Clarke thanked Rabbitt for “his tireless service, especially over the past six months as he led our business through an incredibly challenging time and has dedicated much time and energy to our great game.
“Rugby Australia is transforming as an organisation as we prioritise our key strategic objectives, and we’ve been incredibly agile in our response to the COVID-19 health and financial crisis.
“Adam’s appointment is a real coup for Rugby Australia and his experience will be crucial over the coming months.
Clarke added that Foulsham’s experience as a senior executive having led numerous transformational projects in prior roles “has him well positioned to contribute to the future success of Rugby in this country.
“He has already begun consulting with various stakeholders within the game and will be driving operational efficiencies at every level of Rugby throughout Australia.”
Foulsham will start at Rugby Australia on Monday 7th September.
Image above of Adam Foulsham courtesy of Wunderman Thompson
2nd June 2020 - Rugby Australia announces massive cut in staff numbers
16th May 2020 - Rugby Australia announces new Chair-elect
23rd April 2020 - Raelene Castle steps down from Chief Executive’s role at Rugby Australia
21st April 2020 - Rugby Australia and players agree wage cuts
1st April 2020 - Rugby Australia forecasts $120 million loss in revenue
31st March 2020 - Rugby Australia reveals $9.4 million loss at AGM
24th February 2020 - Former ARU President returns to lead game as new Rugby Australia board Chair
6th December 2019 - Rugby Australia Chief Executive says code ‘didn’t back down’ on Folau settlement
4th December 2019 - Rugby Australia and Israel Folau settle legal dispute with mutual apologies
25th November 2019 - Rugby Australia takes 2020 Bledisloe Cup Test to Melbourne’s Marvel Stadium
18th November 2019 - Cameron Clyne to step down as Chairman of Rugby Australia in 2020
6th November 2019 - Rugby Australia appoints panel to conduct post World Cup Wallabies review
17th September 2019 - Rugby Australia forms alliance to increase participation in the LGBTIQ community
9th April 2019 - Rugby Australia announces $5.2 million surplus for 2018
16th February 2019 - Rugby Australia uses charitable foundation to pay elite player salaries
15th January 2019 - Rugby Australia reports rising participation through 2018
29th June 2018 - Rugby Australia announces new Chief Commercial Officer appointment
16th January 2018 - History making Raelene Castle looks for stability in new Rugby Australia role
28th October 2017 - Australian Rugby Union rebrands as Rugby Australia
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