Dallas has many years industrial manufacturing experience whilst working in various elements of the construction materials sector.
Dallas qualified as a Chartered Accountant in South Africa with Ernst & Young then moved into industry, starting his career in the Tongaat –Hulett Group an industrial conglomerate which had at its core the largest Sugar company (at that time) in South Africa.
In 1999, Anglo American, the parent company, was opening an office in London and Dallas was looking to expand his international exposure so moved to London where he took up the position of Group Financial Controller of the Industrial Minerals Division of Anglo American which, in early 2000, acquired Tarmac which had a significant presence in the UK but also operations in continental Europe, the Gulf States and China. In this time, Anglo implemented IFRS and also a “FastClose” project in all its businesses. Dallas led these projects in Tarmac and gained first hand experience of managing change in an international environment.
In 2007 Anglo commenced a process of selling Tarmac and Dallas led the due diligence process in Tarmac. There were various regulatory hurdles but the final one was cleared in late 2012 leading to the divestment of the remaining UK assets and Hope was formed. Dallas moved to Hope Construction Materials as part of this divestment process and took up the position of CFO from 2013 to 2016, when the company was sold.
Dallas helped to grow the business from a turnover of £246m to £295m with EBITDA increasing from £23m to £36m and a consequent improvement in the EBITDA margin from 9.3% to 12.3%.
Dallas is a hands-on CFO with considerable IT, Procurement and transactional experience with a proven record of business start-up and exit.