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10. GRAEME McFAULL

7th January 2010, Page 41
7th January 2010
Page 41
Page 41, 7th January 2010 — 10. GRAEME McFAULL
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TITLE Chief Executive ORGANISATION Wincanton Having joined Wincanton in 1994, Graeme McFaull (president of the Chartered Institute of Logistics and Transport) took nine years to get to the top, Since he was appointed chief executive in October 2005, Wincanton has made eight acquisitions totalling £120m, starting with the purchase of the Lane Group for £2m in October 2006.

Wincanton is involved in just about every sector you can think of. Turnover grew 9% in the year to March 2009, hitting nearly £2.4bn, while underlying operating profit jumped 13.5% to £59.5m.

A year ago it exited the chilled sector, transferring its business to Culina. Recently mainland Europe has been tricky as volume declines in Germany hit hard. Wincanton also suffered £2.1m in unrecoverable loss from the collapse of Woolies. Any improvement in the economy will be reflected in Wincanton's figures.