Andrew Todd (businessman): Difference between revisions
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==Business== |
==Business== |
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He joined the family firm in 1924 and four years later took over the management of the Auckland operations. In 1934 he was responsible for establishing the Petone motor assembly works - the second assembly plant to open in New Zealand. Later he became managing director and, in 1970, group chairman. Mr Todd was a member of the Wellington Golf Club and interested in a wide range of sporting activities.He is survived by his wife and six daughters.<ref name="Dominion"/> By the 1920s three of Charles' four sons, Desmond, Bryan and Andrew, were running branches of the Todd Motor Company in Dunedin, Christchurch and Auckland and by 1934 [[Andrew Todd (New Zealand)|Andrew Todd]] had moved to Wellington to run a new [[Petone]] plant assembling [[Hillman]], [[Humber (car)]], and commercial vehicles.{{sfn|Galbreath|2010|pp=74-89, 109-125}} The Mitsubishi franchise was acquired in 1970{{sfn|Galbreath|2010|pp=274-275}} when planning for New Zealand's biggest assembly plant was under way and in 1975 Todd Park was opened at [[Porirua]].{{sfn|Galbreath|2010|p=277}} Bryan Todd set the scene for the group's later diversification into a range of interests - which included oil distribution, refining, and exploration, natural gas, forestry, finance, aviation, ironsands export, and land and property development - when a 1929 Petrol price war in Christchurch saw supplies cut off to the Todd garages because the petrol companies were setting up their own tied garages selling only their own petroleum products.{{sfn|Galbreath|2010|pp=91-92}} Bryan Todd decided expanding world sources had created an opportunity for a fourth company to market petroleum products in New Zealand.{{sfn|Galbreath|2010|p=93}} In August 1931 the [[Associated Motorists' Petrol Company]] (AMPCO) was formed with the support of automobile clubs with his father Charles Todd as chairman.{{sfn|Galbreath|2010|pp=94-95}} By March 1933 bulk terminals had been built, a national retail network established and [[Europa (oil company)|Europa]] petrol was on sale.{{sfn|Galbreath|2010|pp=95-108}} Europa Marketing and Europa Refining were sold to British Petroleum in 1972, {{sfn|Galbreath|2010|p=359}} The group's participation in the oil business did not end with the sale of Europa. In 1954 it had acquired prospecting licences in the North and South Islands and entered joint venture exploration agreements with Shell and BP in 1955, 1956 and 1961. The consortium's successes included the [[Kapuni]] onshore field in 1959 {{sfn|Galbreath|2010|pp=171-191}} and in 1969 the [[Maui]] off-shore gas-condensate field {{sfn|Galbreath|2010|pp=242-262}}. The Todd group continues to be involved in these and other gas-condesate projects such as the [[Pohokura]] gas discovery in 2000 in which Todd has a 26% share.{{sfn|Galbreath|2010|pp=332-334}} However, Bryan Todd's dream of a major New Zealand oil discovery has never been fulfilled.<ref name="Dominion"/> |
He joined the family firm in 1924 and four years later took over the management of the Auckland operations. In 1934 he was responsible for establishing the Petone motor assembly works - the second assembly plant to open in New Zealand. Later he became managing director and, in 1970, group chairman. Mr Todd was a member of the Wellington Golf Club and interested in a wide range of sporting activities.He is survived by his wife and six daughters.<ref name="Dominion"/> By the 1920s three of Charles' four sons, Desmond, Bryan and Andrew, were running branches of the Todd Motor Company in Dunedin, Christchurch and Auckland and by 1934 [[Andrew Todd (New Zealand)|Andrew Todd]] had moved to Wellington to run a new [[Petone]] plant assembling [[Hillman]], [[Humber (car)]], and commercial vehicles.{{sfn|Galbreath|2010|pp=74-89, 109-125}} The Mitsubishi franchise was acquired in 1970{{sfn|Galbreath|2010|pp=274-275}} when planning for New Zealand's biggest assembly plant was under way and in 1975 Todd Park was opened at [[Porirua]].{{sfn|Galbreath|2010|p=277}} Bryan Todd set the scene for the group's later diversification into a range of interests - which included oil distribution, refining, and exploration, natural gas, forestry, finance, aviation, ironsands export, and land and property development - when a 1929 Petrol price war in Christchurch saw supplies cut off to the Todd garages because the petrol companies were setting up their own tied garages selling only their own petroleum products.{{sfn|Galbreath|2010|pp=91-92}} Bryan Todd decided expanding world sources had created an opportunity for a fourth company to market petroleum products in New Zealand.{{sfn|Galbreath|2010|p=93}} In August 1931 the [[Associated Motorists' Petrol Company]] (AMPCO) was formed with the support of automobile clubs with his father Charles Todd as chairman.{{sfn|Galbreath|2010|pp=94-95}} By March 1933 bulk terminals had been built, a national retail network established and [[Europa (oil company)|Europa]] petrol was on sale.{{sfn|Galbreath|2010|pp=95-108}} Europa Marketing and Europa Refining were sold to British Petroleum in 1972, {{sfn|Galbreath|2010|p=359}} The group's participation in the oil business did not end with the sale of Europa. In 1954 it had acquired prospecting licences in the North and South Islands and entered joint venture exploration agreements with Shell and BP in 1955, 1956 and 1961. The consortium's successes included the [[Kapuni]] onshore field in 1959 {{sfn|Galbreath|2010|pp=171-191}} and in 1969 the [[Maui]] off-shore gas-condensate field {{sfn|Galbreath|2010|pp=242-262}}. The Todd group continues to be involved in these and other gas-condesate projects such as the [[Pohokura]] gas discovery in 2000 in which Todd has a 26% share.{{sfn|Galbreath|2010|pp=332-334}} However, Bryan Todd's dream of a major New Zealand oil discovery has never been fulfilled.<ref name="Dominion"/> |
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==Other interests== |
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Mr Todd was a member of the Wellington Golf Club and interested in a wide range of sporting activities.<ref name="Dominion"/> |
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==Death== |
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Andrew Todd died on 09 November 1976 and was survived by his wife and six daughters.<ref name="Dominion"/> |
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==Notes== |
==Notes== |
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Revision as of 05:57, 27 November 2010
Andrew Todd | |
|---|---|
| Personal details | |
| Born | 1904 Heriot  New Zealand |
| Died | 9 November 1976 Wellington New Zealand |
| Spouse | Monica |
| Relations | Kathleen Todd Moyra Todd Bryan Todd |
| Children | six daughters |
Andrew Todd was one of four brothers who built one of New Zealand's biggest industrial and commercial enterprises. He was an important figure in the car assembly industry.[1]
Early life
Todd was born in Heriot, Otago in 1904. His grandfather was Charles Todd (1834-1892), a Scottish immigrant who had arrive in New Zealand with his wife, Mary O'Sullivan, in 1870. Charles worked at wool-scouring in Milton and gold-mining at Table Hill, Blue Spur and then Bendigo, all in Otago. In 1884, Charles commenced a fellmongery business at Heriot, Otago.[2] The Todd Group was commenced in Heriot when Bryan Todd's father, also named Charles (1868-1942), from 1888 expanded the fellmongery into a successful stock and station business. He imported the district's first car in 1908 and in 1913 established a garage which later expanded into the Todd Motor Company. Andrew Todd commenced his primary education at the local Heriot School.[3] In February 1915 Charles Todd, his wife Mary Hegarty and their seven children (Charles Patrick (CP), Desmond, Kathleen, Moyra, Bryan, Andrew and Sheila) shifted to Dunedin where Bryan Todd attended the Christian Brothers School. When he was older he was sent to Sydney to board at St Ignatius' College, Riverview.[1]
Business
He joined the family firm in 1924 and four years later took over the management of the Auckland operations. In 1934 he was responsible for establishing the Petone motor assembly works - the second assembly plant to open in New Zealand. Later he became managing director and, in 1970, group chairman. Mr Todd was a member of the Wellington Golf Club and interested in a wide range of sporting activities.He is survived by his wife and six daughters.[1] By the 1920s three of Charles' four sons, Desmond, Bryan and Andrew, were running branches of the Todd Motor Company in Dunedin, Christchurch and Auckland and by 1934 Andrew Todd had moved to Wellington to run a new Petone plant assembling Hillman, Humber (car), and commercial vehicles.[4] The Mitsubishi franchise was acquired in 1970[5] when planning for New Zealand's biggest assembly plant was under way and in 1975 Todd Park was opened at Porirua.[6] Bryan Todd set the scene for the group's later diversification into a range of interests - which included oil distribution, refining, and exploration, natural gas, forestry, finance, aviation, ironsands export, and land and property development - when a 1929 Petrol price war in Christchurch saw supplies cut off to the Todd garages because the petrol companies were setting up their own tied garages selling only their own petroleum products.[7] Bryan Todd decided expanding world sources had created an opportunity for a fourth company to market petroleum products in New Zealand.[8] In August 1931 the Associated Motorists' Petrol Company (AMPCO) was formed with the support of automobile clubs with his father Charles Todd as chairman.[9] By March 1933 bulk terminals had been built, a national retail network established and Europa petrol was on sale.[10] Europa Marketing and Europa Refining were sold to British Petroleum in 1972, [11] The group's participation in the oil business did not end with the sale of Europa. In 1954 it had acquired prospecting licences in the North and South Islands and entered joint venture exploration agreements with Shell and BP in 1955, 1956 and 1961. The consortium's successes included the Kapuni onshore field in 1959 [12] and in 1969 the Maui off-shore gas-condensate field [13]. The Todd group continues to be involved in these and other gas-condesate projects such as the Pohokura gas discovery in 2000 in which Todd has a 26% share.[14] However, Bryan Todd's dream of a major New Zealand oil discovery has never been fulfilled.[1]
Other interests
Mr Todd was a member of the Wellington Golf Club and interested in a wide range of sporting activities.[1]
Death
Andrew Todd died on 09 November 1976 and was survived by his wife and six daughters.[1]
Notes
- ^ a b c d e f '"Industrial leader dies'", The Dominion, 09 November 1976.
- ^ Galbreath 2010, pp. 23–31.
- ^ Galbreath 2010, pp. 46–47.
- ^ Galbreath 2010, pp. 74–89, 109–125.
- ^ Galbreath 2010, pp. 274–275.
- ^ Galbreath 2010, p. 277.
- ^ Galbreath 2010, pp. 91–92.
- ^ Galbreath 2010, p. 93.
- ^ Galbreath 2010, pp. 94–95.
- ^ Galbreath 2010, pp. 95–108.
- ^ Galbreath 2010, p. 359.
- ^ Galbreath 2010, pp. 171–191.
- ^ Galbreath 2010, pp. 242–262.
- ^ Galbreath 2010, pp. 332–334.
References
- Galbreath, Ross (2010). Enterprise and Energy: The Todd Family of New Zealand. Wellington: Todd.
{{cite book}}:|access-date=requires|url=(help)
/Category:1904 births /Category:1976 deaths /Category:New Zealand people of Irish descent /Category:New Zealand people of Scottish descent /Category:Former students of Kavanagh College /Category:New Zealand Roman Catholics /Category:New Zealand businesspeople