Adam Davenport

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  www.peterfuda.com/CEO.html - [Cached Version]
  Last Visited: 7/8/2009  

  Adam Davenport, CEO, Cellnet

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  www.itnews.com.au/newsstory.aspx?CIaNID=51010 - [Cached Version]
  Last Visited: 5/1/2007  

  Adam Davenport (picture), managing director at Cellnet said the decision was put forward to the board at the distributor's AGM.
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  According to Davenport the demerger would take place through a capital reduction and share distribution to Cellnet shareholders in the ratio of approximately 1.5 Mercury shares for every one Cellnet share.

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  Balancing Act News Update - African internet... - [Cached Version]
  Published on: 1/28/2004    Last Visited: 11/11/2004  

  * CS Holdings has appointed Adam Davenport, vice-president operations for the EMEA (Europe, Middle East and Africa) region for Netherlands-based Getronics NV, to its main board.

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  Cellnet Ltd - [Cached Version]
  Published on: 4/3/2003    Last Visited: 10/15/2006  

  Cellnet Group Limited has announced the appointment of Adam Davenport as the company's new managing director ...

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  Cellnet blames Telstra for mobile sales drop - Finance... - [Cached Version]
  Last Visited: 11/20/2006  

  At Cellnet's annual general meeting, managing director Adam Davenport (pictured) said Telstra's signing of an exclusive distributor signalled a major change in the telco marketplace.
  
  "We had anticipated some of this impact, but Telstra's new approach has hurt sales and profits by more than we expected," Davenport conceded.
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  The effects of Telstra's decision would continue to have an impact on Cellnet for the second quarter of Cellnet's 2007 financial year, said Davenport.
  
  "We've incurred one-off costs to cover discounting, write-downs to clear slow moving stock and charges for redundancies, settling major legal action and exiting surplus property.
  
  "The reorganisation distracted our sales team, causing sales to slow in the second half," said Davenport.
  
  He said, however, that the distributor expected to have a better second half in its telco business as "other initiatives start to take effect."
  
  Davenport said Cellnet has further reduced costs across the business including the centralisation of its warehouse and distribution operations at Eagle Farm, Brisbane.
  
  Other initiatives included the restructure of its sales function which will rely on e-commerce and internal sales, rather than external sales teams.
  
  On a more positive note, Davenport ended the meeting by saying the integration of its acquisition of VME Systems - a large distributor of flash memory products, including SanDisk - was proceeding well.
  
  "We are encouraged by the synergies between our businesses and are delighted at the response from customers of VME and Cellnet.The acquisition is just one of a number we are exploring," he said.

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  Cellnet cuts staff - Hardware - www.itnews.com.au - [Cached Version]
  Published on: 10/1/2005    Last Visited: 10/10/2005  

  Adam Davenport, managing director at Cellnet, told CRN the cuts came from across the organisation "as a result of the drive to reduce operating expenses".He didn't discount the possibility of further staff reductions.
  
  He said the distributor had gone through the "first stage" of reorganising the business melding together its IT Wholesale (ITW) and Cassa businesses as well as its audio-visual and telecommunications accessories divisions.
  
  "We are also looking at doing some things in our distribution centre in a different way in terms of the way we manage our stock holdings," Davenport said.
  
  Davenport said earlier this month that this would include making substantial reductions to the number of individual stock items held and its levels of inventory."We will focus on only holding the inventory which has both high demand and high profitability," he said at the time.
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  Davenport admitted that the IT market was tough at the moment."It's a pretty tough market -- there has been some difficult retail conditions and that has affected us," he said.
  
  "Some retail organisations are doing a lot worse than they would have liked," he said.

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  Cellnet’s profit drops, restructure to blame -... - [Cached Version]
  Last Visited: 8/4/2006  

  Cellnet boss Adam Davenport
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  Cellnet's managing director, Adam Davenport (pictured) said in a statement to the ASX, the fall was due to the distributor's reorganisation to improve "efficiency and reduce working capital".
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  According to Davenport, the preliminary net profit after tax (NPAT) for the full 2006 year is $1.6 million.
  
  This incorporates preliminary NPAT for the second half of $0.9 million.This result equals the result for the second half of 2005.
  
  "Management will now focus on growing revenue and improving profitibity," said Davenport."

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  Cellnet’s turnaround man - Profile - CRN Australia - [Cached Version]
  Published on: 12/6/2005    Last Visited: 2/24/2009  

  The legal profession is a long way from IT distribution, and Adam Davenport has been involved in both, these days preferring to be at the 'coal face' of business as the managing director of ASXlisted national IT distributor Cellnet.
  
  The legal profession is a long way from IT distribution, and Adam Davenport has been involved in both, these days preferring to be at the 'coal face' of business as the managing director of ASXlisted national IT distributor Cellnet.
  
  Davenport, the former country manager at Kanbay, was hired in June to take the reigns at the national distributor, already completing the first stage of a reorganisation of the business that melded together its IT Wholesale (ITW) and Cassa business as well as the audio-visual and telecommunications accessories divisions.
  
  In an increasingly tough IT distribution market, Davenport is charged with restructuring Cellnet in order to reduce operating expenses and position it as a strong player in the market against the likes of distribution behemoth Ingram Micro.
  
  Recently, Davenport was forced to retrench 40 staff at the distributor following a lower-than-expected profit result for the 2004-05 fi nancial year. Despite a 30 percent increase in year-on-year revenue, Davenport said he "had to address profit issues".
  
  On 9 September, Cellnet Group reported an after-tax profit of $6.1 million on revenues of $586 million for the financial year ending 30 June.
  
  The company had previously forecast net profit after tax of between $7.3 million and $7.5 million.
  
  After completing a law degree at Sydney University in the mid 1980s, Davenport started his legal career as corporate counsel Asia-Pacific with USlisted advertising agency Leo Burnett Advertising before he started to dabble in the legalities of intellectual property (IP) and information technology at Baker & McKenzie. "I was originally a lawyer and graduated as a lawyer. I worked in Baker & McKenzie in Sydney in the area of IP and IT back in the late 1980s," he says.
  
  Not surprisingly, Davenport felt that law was a difficult profession and as a result, he was keen to get into business and management.
  
  As a lawyer, he says, "you're one step away from people making the decisions".
  
  One of his largest customers while working in IT law was now-defunct Wang Computer. With a passion for IT and management he decided to join the company in the role of director of corporate services around the time Wang was in Chapter 11.
  
  "I learnt a lot about the IT industry and change [management]," he says. He then joined the Australian subsidiary of NASDAQ-listed US office products company Blue Star at a time when this industry was consolidating in a very similar fashion to the consolidation that is currently occurring in the IT distribution market and industry as a whole, he says. Small office products buying groups were getting together to get the economies of scale they needed, he says.
  
  "We saw the small resellers still managing to do well and make their way based on long-standing customer relationships," he says.
  
  With IT industry experience under his belt, Davenport moved to Europe to undertake the role of regional vicepresident at 3.5 billion euro IT systems and services giant Getronics. "I was based in London and Paris and responsible for the Europe region," he says.
  
  Davenport gained a great deal of experience when Getronics acquired Olivetti's services business in 1999. "A lot of work had to be done to develop a strategy and execute that strategy."
  
  "Getronics asked me to go to Shanghai and I eventually came back to Australia and got the country manager role at Kanbay in 2003," he says.
  
  He worked at Kanbay for about 18 months before being approached by Cellnet for managing director. "It's [Cellnet] been very profitable for a number of years and has had strong revenue growth but has reached a crossroads in its strategy."
  
  Davenport believes the IT market is at an interesting time in its history.
  
  "The China influence is going to affect everything that we do, which will impose different pressures on manufacturers. Price pressures and the development of Chinese brands is going to make it more difficult for them," he says.

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  Davenport eyes acquisitions, further Cellnet growth -... - [Cached Version]
  Published on: 5/1/2005    Last Visited: 5/24/2005  

  Adam Davenport expects to focus on further growth and possible acquisitions for Cellnet when he takes the leadership post at the Australia-owned distributor 1 June.
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  Davenport, 46, was approached by Cellnet's headhunters -- he has been poached from Kanbay -- but will continue to work at Kanbay until he starts Cellnet duties 1 June.
  
  "I'm pretty excited about it.It's a good role for me," Davenport told CRN."I came back from Europe out of Getronics and thought [Kanbay] was a great role for me, but I was looking for a business with more scale."
  
  He added that Kanbay had been a great opportunity and learning experience for him but he felt Cellnet was more the sort of role he really wanted longer term.
  
  "And Kanbay is in substantially better shape now than it was 18 months or so ago," Davenport said."Cellnet has put in some good growth and IT distribution is a pretty tough environment."
  
  distribution had been consolidating - as the Ingram Micro-Tech Pacific merger made abundantly clear - so Cellnet's success as an Australian-owned distributor with both IT and telecommunications irons in the fire was all the more impressive, Davenport said.
  
  "There's a big space in the middle [between large and small distributors], I think, and the opportunity is for Cellnet to continue its growth - probably organically and perhaps through some targeted acquisitions," he said.
  
  Cellnet would aim to have a balance of both telecommunications and IT.One reason the distributor had been "reasonably successful", he said, was because it had been able to grow the IT side instead of simply relying on its telecommunications business.
  
  Davenport wouldn't be drawn on possible acquisitions, saying it was "probably too early to say", but said he would soon be working to assess Cellnet's assets, financial structure and what opportunities existed in the marketplace.
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  The high calibre of the Cellnet's board was part of what tempted him to switch, Davenport said.
  
  Davenport had also worked in the UK as European vice president for service provider Getronics, as chief executive for US office products distributor Blue Star Group in Australia and as corporate service director at Wang Australia.
  
  "I spent four years in Europe before [Kanbay], including London and Paris.It will be nice to be back in Australia," he said.
  
  Davenport's family travelled with him to Europe but he was on the road so much there he hardly saw them, he said.
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  Davenport had entered into an executive service agreement with Cellnet for an initial three years.

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  Harrison exits Cellnet, Davenport takes reins -... - [Cached Version]
  Published on: 5/1/2005    Last Visited: 5/24/2005  

  YOU ARE HERE >> Home > Telecommunications > Harrison exits Cellnet, Davenport takes reins
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  Harrison exits Cellnet, Davenport takes reins
  
  By Staff Writers, CRN 24 May 2005 12:20 AEST Telecommunications, Services
  
  Cellnet Group has appointed Kanbay country manager Adam Davenport as managing director following the resignation of Stephen Harrison.
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  Neither Harrison nor Davenport were available to comment when CRN called, but a company statement filed with the ASX this morning said Davenport, 46, would start duties on 1 June.
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  It said Davenport had entered into an executive service agreement with Cellnet for an initial three years.
  
  Cellnet would pay him $360,000 a year plus a bonus of "at least 50 percent of that", subject to the achievement of board-agreed key performance indicators, the statement said.
  
  "He will also participate in a long term incentive plan to be developed for the Cellnet Group," it said.
  
  Darryl McDonough, chairman at Cellnet Group, said Davenport had "strong general management skills" and specific IT management and distribution expertise.
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  "Davenport has the experience and skill sets to take Cellnet to the next level in terms of capitalising on future cross-selling and logistics opportunities," McDonough said.
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  Davenport said in the statement that Australian IT distribution was consolidating but argued that represented an opportunity for Cellnet to attract new partners and customers.
  
  "I will focus on customer service and operational excellence and am looking forward to working with the board to refine and develop the company's capabilities," Davenport said.
  
  NASDAQ-listed Kanbay is a software development and system integrator specialising in security and remote access.Davenport was responsible for strategy and identifying new products to take to market, the statement said.
  
  Davenport had also worked in the UK as European vice president for service provider Getronics, as chief executive for US office products distributor Blue Star Group in Australia and as corporate service director at Wang Australia, the statement said.
  
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