Key Personnel

GARY FITTON

Gary has accounting and legal qualifications and is a pioneer in the development and proliferation of employee share plans in Australia. He is responsible for creating virtually all of the various "new generation" employee share plan structures operating in the leading Australian and New Zealand listed companies since 1987.

In 1988, Gary created the Novated and Associate Car Lease structures, drafted parts of IT2509 and developed a number of other flexible packaging products (eg. Savings Plans, Exempt ChildCare etc).

Gary's taxation experience includes 10 years with the Australian Taxation Office largely in policy and legislation and two years as a departmental ministerial adviser on taxation policy in the Department of Industry Technology. Gary was involved in the preparation of the White Paper on Reform of the Australian Taxation System and attended the Tax Summit as a departmental adviser.

After leaving Government service in 1986, Gary was a consultant with Cullen Egan Dell and a co-founder of Remuneration Planning Corporation (RPC) in 1987. He left RPC in 2000 and was involved with the establishment of Remuneration Strategies Group.

Gary is a leading specialist in the design, implementation and administration of employee benefits, incentives, share plans, equity replicator plans and other remuneration issues in Australia, New Zealand and PNG. He has consulted to many of those countries' leading companies including Qantas, AXA, Ford, Orica, AIDC, Ord Minett, Amcor, Goodman Fielder, Westpac, Baulderstone Hornibrook, PNG Banking Corporation, Vodafone, Ericsson and Suncorp Metway.

Gary Co-authored "Employee Share Planning in Australia" in 1992, was involved with drafting the ACTU's Employee Share Plan Handbook in 1993 and has authored numerous technical tax articles for Thomson's, the Australian Tax Practice. In 2002, Gary completed a book with Bill Mansfield, the former Assistant Secretary of the ACTU, and now Commissioner with Australian Industrial Relations Commission, on Flexible Pay Packaging and Employee Share Plans.