Steel industry doyen and former Essendon president Ray Horsburgh dies

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The acting chairman of Sanjeev Gupta’s Infrabuild business and former president of AFL club Essendon died in Romania.

Mr Horsburgh was a highly respected chief executive in the steel industry who later in his career became a company director, and was a former chairman of ASX-listed transport and logistics group Toll Holdings, acquired by Japan Post in 2015.

said Mr Horsburgh would be remembered as a trusted adviser and much-loved member of the group’s family.“Ray was a passionate advocate of the Australian steel industry and Australian manufacturing, and a true ambassador for our business in every sense of the word,” Mr Gupta said. Infrabuild is considered the best-performing business in the global GFG stable. Mr Gupta is still trying to finalise a complex refinancing at the broader GFG of about $6 billion of funds that had previously beenEarlier in his career, Mr Horsburgh worked for industrial conglomerate Australian Consolidated Industries, where he was the chief executive of glassmaker ACI Glass.

Essendon Football Club president Paul Brasher said the Essendon Bombers were in mourning, paying tribute to his leadership.

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