Archived News for Executives and Senior Management
Rio Tinto has appointed John Varley, the former chief executive of Barclays, as a non-executive director to its board of directors in the UK and Australia, commencing on September 1.
Rio had been seeking a non-executive director with strong experience in the financial markets ever since David Mayhew and David Clementi both retired from the board in 2010.
Mr Varley's career includes 28 years at financial services provider Barclays, where he spent six years as chief executive until the end of 2010, and three years as financial director until 2003.
His boardroom experience includes current non-executive directorships at pharmaceutical company AstraZeneca and global asset management firm BlackRock.
He remains a senior advisor to Barclays and is a member of the International Advisory Panel of the Monetary Authority of Singapore.
New members appointed to VicHealth
The Victorian Health Minister David Davis has announced the appointment of eight new members to the board of the Victorian Health Promotion Foundation.
New chair for Pharmaceutical Benefits Advisory Committee
Doctor Suzanne Hill has been appointed as the new chair of the Pharmaceutical Benefits Advisory Committee (PBAC), the independent advisory group which recommends listing of medicines on the Pharmaceutical Benefits Scheme (PBS).
Melbourne School of Engineering seeking senior appointees
One of the world's outstanding engineering schools, the Melbourne School of Engineering, is inviting applications for up to fifteen continuing appointments from engineering scholars of international distinction, committed to excellence and innovation in education and research.
BRW publishes rich list
BRW has published its 2011 Rich 200 list, with Hancock Prospecting’s Chairman Gina Rinehart, the first woman to top the list in its 28-year history, recording a personal worth of $10.3 billion.
Productivity Commission to study regulatory reform options
The Productivity Commission is to undertake a study focusing on effective identification of regulatory reform opportunities and the evaluation of reform outcomes.
CAMAC pushes for greater executive pay secrecy
The federal government’s corporate law advisory council, the Corporations and Markers Advisory Committee (CAMAC), has announced its recommendation to only announce take-home pay packets for the nation’s executives.
Lynch to take top Hong Kong job
Distinguished former head of the Sydney Opera House, the Australia Council and Sydney Theatre Company, Michael Lynch has landed the chief executive role of Hong Kong’s West Kowloon Cultural District Authority.
KPMG appoints Global Chairman
KPMG has appointed Michael Andrew as the firm’s newest Chairman, the first to hold the role from the Asia Pacific region in the company’s history.
Rumours of NSW headhunting AAPT chief
The NSW Government has reportedly poached NZ AAPT chief executive, Paul Broad, to head up the state’s new infrastructure revitalization project.
Report shows executive itinerancy
Almost half of all executives surveyed in Executive Monitor’s latest report indicated they are planning to look for a new job in 2011, despite only 22% of the participating executives saying they are dissatisfied with their current employment.
South Australian EPA chief executive to retire
The Chief Executive of the South Australian Environmental Protection Authority Helen Fulcher has advised the SA Government she will retire when her contract ends on August 31 this year.
Greens announce salary cap push
The Greens have announced their push for salary cap of just under $2 million for the nation’s executives, bringing the cap to around 30 times the country’s average salary.
‘Two-strike’ pay package passes parliament, awaits coalition support
A push by the Greens to cap the salaries of the nation’s executives is threatening to derail the Federal Government’s ‘two-strike’ test pay package reform.
Shergold appointed to head up NSW Public Service Commission
Professor Peter Shergold AC, has been appointed incoming Chairman of the Board of the NSW Public Service Commission.
Skills shortages in NSW hinder recovery
Skills shortages are continuing to have a significant impact on business performance in New South Wales, according to the recently released NSW Business Chamber - Commonwealth Bank Business Conditions Survey for the March 2011 quarter.