Overview
David Smorgon (born 8 May 1947) is an Australian businessman and member of the Smorgon family.
Business career
David joined the family business at the age of 23. David advanced to be a senior executive at Smorgon Consolidated Industries, which is the large family business that spanned meat, paper, glass, plastics and steel industries. David then spent 25 years as an executive and director with Smorgon Consolidated Industries.
After the sale of Smorgon Consolidated Industries in 1996, David, along with his three children; Dean (b. 1969–70), Ricky (b. 1971–72), and Dale (b. 1974–75), also built up their self-run stockholding organisation, Generation Investment Management focusing on business opportunities, equity and property investments. This corporation is known for providing loan-to-own transactions to assist global corporations with debt, with such clients as Bonds, and coin-operated entertainment business Ride On! Entertainment; the latter in which Ricky and Dale are executive directors.
David was also named the inaugural chairman of Family Business Australia in 1997, a position he held for six years.
From Wikipedia (CC BY-SA 4.0).