John Potter’s stellar career in real estate and property development spans decades. A highlight was his tenure as CEO of Villa World, when the company had a high volume of unsold homes due to the introduction of GST in 2000 and a net profit after tax of approximately $5m. Under his leadership, company profits soared to $12m, $18m and then $24m, until his resignation in September 2003.
His secret was his ability to do very good deals. He successfully negotiated 50 large property acquisitions during that time and was considered to be the most effective negotiator on Villa World’s board of directors, according to Villa world’s co-founder, Tony Bawden.