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Peter Stevens dealerships close in Geelong, Ringwood
Peter Stevens dealerships close in Geelong, Ringwood

Herald Sun

time20 hours ago

  • Automotive
  • Herald Sun

Peter Stevens dealerships close in Geelong, Ringwood

Don't miss out on the headlines from News. Followed categories will be added to My News. Two major Victorian motorcycle dealerships closed at the weekend following the collapse of the Melbourne-based Peter Stevens retail group. The stores and showrooms at Peter Stevens Geelong and Ringwood have not been sold and have shut permanently, administrators KordaMentha said. And the City Triumph dealership which closed its West Melbourne showroom earlier this year will also not return. The stores could not be saved although a large portion of the business has been taken over, securing 250 jobs. Dozens of staff at the Peter Stevens sites at Mercer St, Geelong, and Maroondah Highway, Ringwood were only told on Friday of the closure. And customers have been left in the dark over parts and accessories orders. Triumph rider Richard Farrar ordered a $500 part from the Peter Stevens Geelong store but has no idea what's happened to his money. 'They obviously knew they were in trouble when I ordered … and it's bordering on obtaining my money deceptively,'' he said. Peter Stevens went into voluntary administration last month saddled with debt, and last week it emerged that creditors faced losses of over $65m including millions in customer deposits. The company was founded by the Chiodo brothers – Vince, Peter and Steve – in 1970 and grew into a national network of motorcycle stores and dealerships. Flagging motorcycle sales and the cost of living crisis has hit the industry hard in recent years. Some parts of the Peter Stevens group have now been taken over by private company Joe Rascal Group and ASX-listed MotorCycle Holdings. The Joe Rascal Group has will acquire the Harley Heaven stores at Dandenong, Ringwood and Melbourne, as well as Ducati South Melbourne. And Brisbane-based MotorCycle Holdings will take over the Peter Stevens Dandenong and Adelaide sites as well as Savage Motorcycles in Perth and the Harley Heaven dealerships in Sydney, Penrith, Perth and Adelaide. MotorCycle Holdings chief executive Matthew Wiesner said the company would maintain the Peter Stevens and Harley Heaven brands. The deals would mean about 250 employees would keep their jobs, Craig Shepard of KordaMentha said. The administrators said it would assist employees from the closed locations 'during the transition to closure'.

Syniverse Names Bob Chiodo as Executive Vice President and Chief Revenue Officer
Syniverse Names Bob Chiodo as Executive Vice President and Chief Revenue Officer

Yahoo

time21-05-2025

  • Business
  • Yahoo

Syniverse Names Bob Chiodo as Executive Vice President and Chief Revenue Officer

Brings over 30 years of experience and a proven track record of delivering growth and customer satisfaction TAMPA, Fla., May 21, 2025--(BUSINESS WIRE)--Syniverse, the world's most connected company®, has appointed Bob Chiodo as Executive Vice President (EVP) and Chief Revenue Officer (CRO). Chiodo assumes the role after serving briefly as interim CRO, while also serving in a dual role as Senior Vice President of Sales for the Americas. As EVP and CRO, Chiodo is responsible for go-to-market strategies across all verticals and segments, including the public sector. He oversees sales, marketing, customer success, pre-sales, professional services, and business development. With over 30 years of experience in sales and operational leadership, Chiodo offers substantial industry expertise and a proven track record of driving growth, building high-performing teams, and exceeding customer expectations. Since joining Syniverse in 2019, Chiodo has actively contributed to developing and executing the company's go-to-market strategy during its key transformational initiatives. "5G networks, the rise of RCS messaging, and the growing role of satellite technology are reshaping how mobile network operators and enterprises connect. Syniverse is positioned to lead that transformation," said Andrew Davies, Chief Executive Officer of Syniverse. "Bob understands what our customers need as they adapt to these changes. He's a proven sales leader who will continue to drive Syniverse's growth across the industry." Before joining Syniverse, Chiodo held multiple leadership roles at CenturyLink (now Lumen) and AT&T, where his extensive experience in operations, sales, and sales engineering led to progressive growth. "Having worked alongside our cross-functional team for several years, I've seen firsthand how aligned execution and customer focus drive results," Chiodo said. "Collectively, we strive to support our customers with innovation, collaboration, and a shared commitment to living the Syniverse values. I prioritize evolving, growing, and delivering for our global customers, many of whom I already know and look forward to working with more closely." For more information on Syniverse, visit About Syniverse Syniverse is the world's most connected company. We seamlessly connect the world's networks, devices, and people so the world can unlock the full power of communications. Our secure, global technology powers the world's leading carriers, top Forbes Global 2000 companies, and billions of people, devices, and transactions every day. Our engagement platform delivers better, smarter experiences that strengthen relationships between businesses, customers, and employees. For over 30 years, we have accelerated important advances in communications technology. Today we are an essential driver of the world's adoption of intelligent connectivity, from 5G and CPaaS to IoT and beyond. Find out more at View source version on Contacts For more information, contact: Matt McLoughlinmatt@ Karen Wentworthpr@ +1.813.637.5084 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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