"This is the last time I will be writing to you as Group Chief Executive of Capricorn. Making the decision to retire wasn’t easy, particularly given Capricorn is in the best shape of its 50 year history and has such an exciting future ahead.
From January 2025, Brad Gannon will be your new Group CEO. Brad and I have worked together for many, many years and he brings a wealth of experience and energy to the role. Brad is Capricorn through to his core. His care for our community – our Members, our Preferred Suppliers, our people – is second to none. I could not be more comfortable or pleased to be passing the baton of our cooperative’s leadership over to him.
The new year also brings with it a new Chair of the Board, with Queensland Member Director Mark Rowe stepping into the role. Mark and Brad are both outstanding leaders and with them at the helm I’m very confident about Capricorn’s future. Capricorn’s purpose, and its work, continues. Our cooperative is in good hands.
My departure coincides with the new year, which is a natural time of reflection for all of us. I’m acutely aware that 2024 has not been an easy year for many. Some Members are really feeling the impact of the cost-of-living crisis and have had a stressful end to the year. I hope 2025 is more prosperous for everybody. Capricorn will be there to make the job easier, wherever we can. In the meantime, take some time away from the workshop, spend time with the people you love, and do the things you enjoy. Come back recharged and refreshed to tackle the new year.
Before I sign off for the final time, I wanted to say thank you to all our Members, Preferred Suppliers, Board of Directors and, of course, the Capricorn employees. Capricorn wouldn’t be what it is without you all. I have spent the best part of two decades at our cooperative and I have loved every minute of it. It has been the privilege of my career to lead such a great organisation.
I wish you, your family and your team all the very best for a strong and happy 2025."
David Fraser
Group CEO
