Archived News for Executives and Senior Management
News Corporation has announced Hamish McLennan as the company’s new Executive Vice President, Office of the Chairman.
Mr McLennan will divide his time between Sydney and New York and will report directly to the company’s Chairman and CEO, Rupert Murdoch, and President and COO Chase Carey.
"As we grow our international footprint we see a real opportunity to bolster the value of our brand partnerships and I am convinced that Hamish's considerable industry experience, coupled with a unique and wide-ranging strategic vision, make him the right executive to deliver the insights we need to maximize our global media investments," commented Rupert Murdoch.
Business convention specialist Business Events Sydney’s (BESydney) Chairman, Col Hughes, has announced Lyn Lews-Smith as the company’s new Chief Executive Officer.
The Australian Industry Group has appointed Innes Willox as the organisation’s new Chief Executive Officer. Mr Willox will succeed outgoing chief Heather Ridout, taking on the role on 1 May.
The Sydney Catchment Authority is seeking a Chief Executive following the resignation of Michael Bullen to take up a position as Deputy Director-General Agriculture with the Department of Primary Industries, located in Orange. Mr Bullen has been CEO of the SCA since June 2008. The SCA is responsible for the bulk water supply for more than 4.5 million people across the Greater Sydney Region. It has a budget of $130 million and a workforce of 250 people.
Engineering and construction firm Leighton Holdings has announced the new employment contract with its Chief Executive Officer, Hamish Tyrwhitt, who was appointed on 24 August 2011. The contract includes a fixed base salary of $2.4 million, with short and long-term incentives linked to performance targets.
The short-term incentive allows for an annual bonus of 100% of fixed salary for target performance with a maximum annual bonus of 150% for exceptional performance. The bonus will be 50% in cash and 50% deferred as share rights.
The long term incentive plan, currently being finalised, will entitle Mr Tyrwhitt to annual awards of rights to Leighton shares.
Principal directors of the George Institute for Global Health, Professor Stephen MacMahon and Professor Robyn Norton, have announced Associate Professor Vlado Perkovic as the executive director of the George Institute in Australia.
Leighton Holdings has announced Dharma Chandran as the company’s new Chief Human Resource Officer (CHRO), ending Craig van der Laan’s interim leadership of the company’s HR function.
Jeff Connolly, the current Senior Executive Vice President of Siemens North East Asia, has been appointed as CEO of Siemens' Australian operations effective 1 March 2012. He succeeds Albert Goller, who has resigned after nine years in the top position.
A Chief Executive Officer is being sought for the National Heavy Vehicle Regulator, an newly formed independent body based in Queensland and recognized by all states and territories.
The Australian Broadcasting Corporation (ABC) has announced that Murray Green, the Director of ABC International, will be stepping down from the position on March 30, ending a 24-year career in public broadcasting.
The most recent Deloitte CFO Survey finds that concerns about the global economy remain at the forefront of many CFOs’ minds, with more than a third identifying global economic uncertainty as their key concern for the coming year and 79% saying the level of uncertainty was above normal.
The Australian Research Council is seeking a new CEO, following the resignation of Professor Margaret Shiel in December last year to take up the position of University of Melbourne Provost.
The Menzies Research Institute Tasmania is looking for a new Director, following the resignation of Professor Simon Foote who has taken up his new position as Dean of the Australian School of Advanced Medicine at Macquarie University, Sydney.
The CEO of the Financial Services Council and former leader of the NSW Liberal Party, John Brogden, has been appointed chairman of the NSW government’s property development corporation, Landcom. He replaces William Kirkby Jones who resigned from the position at the end of 2011 after 14 years in the role. Mr Brogden will continue in his role with the Financial Services Council but will step down as a director of the Sydney Ports Corporation.
Optus has appointed former Telstra executive John Paitaridis as its new Managing Director of Optus Business. Mr Paitaridis leads the Optus enterprise, corporate and government business and is responsible for all aspects of the division’s sales, marketing, products, operations and service delivery, including Optus’ wholly-owned subsidiary Alphawest and its Uecomm business.
Toll road developer Transurban has announced the resignation of its Chief Executive Officer and Director, Chris Lynch, who will depart after serving in the role for four years.
“Chris has made an outstanding contribution to Transurban. On Behalf of the Board I would like to thank him for his efforts and express our appreciation for the accomplishments over that period,” Transurban Chairman Lindsay Maxsted said.
In his announcement, Mr Lynch said that the company’s ‘excellent shape’ and strong balance sheet meant the time was right for him to stand down from the role and allow the company to seek a new CEO.
“Transurban is an outstanding business that continues to deliver on its commitments to investors, Government partners and customers. I am proud of the leadership group and staff in the way they have embranced challenges and opportunities we have encountered in my four years as CEO,” Mr Lynch said.
“The future is very bright for Transurban. It is a business with a clear strategy, a strong group of leaders, world leading infrastructure assets and an active growth pipeline.”
Mr Lynch was appointed to the Boards of Rio Tinto plc and Rio Tinto Limited as a non-executive director in September last year.
Before his appointment to Transurban, he served seven years at BHP Billiton, where he was chief financial officer and then executive director and group president - Carbon Steel Materials.
Prior to this he spent 20 years with Alcoa Inc holding various senior roles, including vice-president and chief information officer (1999 to 2000), chief financial officer, Europe (1997 to 1999) and managing director of KAAL Australia Limited, a joint venture between Alcoa and Kobe Steel of Japan (1995 to 1997).
The Australian Department of Industry, Innovation, Science, Research and Tertiary Education is recruiting a Chief Executive to establish and lead a new Australian Government Centre for Excellence in Public Sector Design.