Robyn Meredith

Nicholas Moore's idea for a Sydney tollway started Macquarie Group down a profitable road. Now he is taking command at "the center"

Nearly every weekday, for years, Allan Moss has put on a dark suit and gone to his desk at Macquarie headquarters in downtown Sydney. As the Australian sunshine splashed surfers at nearby beaches, Moss cracked open his personal doom-and-gloom report. What would happen to the company he runs if global stock markets dropped 10% tomorrow? How about 30%? How much would Macquarie lose if credit froze up or if markets plunged 40%?

Imagine how happy Moss is to hand over that dreary morning routine to his longtime deputy, Nicholas Moore, who will succeed Moss as chief executive of the Macquarie Group when Moss, 58, retires this month from his $31-million-a-year job.

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Posted by dcjaya at May 11, 2008 1:17 PM