Financial Markets Practice - Quarter 2 2018

Chief Financial Officers Practice Quarterly Newsletter April 2018 – June 2018 Movements

CEO, ASX 100

BACKGROUNDBlenheim Partners specialise in:▪ Executive Search;▪ Non-Executive Director Search;▪ Board Strategy and Structure Consulting;▪ External Succession Planning; and▪ Executive Re-Engagement / Transition.Founded in 2012, our team have acted as specialist Psychologists, Coaches and exceptionallyadviser to many of the world’s leading experienced Researchers.corporations on Board and Executive performance,capability and succession planning. Blenheim Partners is continually investing in knowledge and understanding as exemplified byOur consultants have worked with clients from all our Thought Leadership “The Challenges ofsectors and a broad range of geographies. They Attaining Growth”, Industry Papers and monthlyinclude over 80 of the ASX 100, 10% of the FTSE Market Intelligence reports.100, Private Equity, Multinational, Private Familyand Mutually Owned Companies. Our philosophy is to develop deep and committed relationships with a select number of clients andOur work includes assignments that are both local help them deliver a superior performance byand international in scope. optimising the composition of their Board and Executive team.Our team consists of senior SearchConsultants, Human Resource Directors, Our culture is built on pride, professionalism, esprit de corps and client service.

BLENHEIM PARTNERS FINANCIAL OFFICERS PRACTICEThe Financial Officers Practice is dedicated to providing Executive Search consultancyservice to organisations for the following roles: • Chief Financial Officer/Finance Director; • Group Financial Controller/Deputy Finance Director; • Divisional Controller/Divisional Finance Director; • Group Finance; • Tax; • Treasury; • Mergers & Acquisitions/Corporate Finance; • Corporate/Business Development; • Audit/Risk/Governance; and, • Investor Relations.Diversity and Tenure of Current ASX300 Chief Financial Officers: • Female: There are 37 female CFOs out of 300, which is 13% of the CFO population. • Non-Caucasian: There are 14 Non-Caucasian CFOs out of 300, which is 5% of the CFO population. This is an increase of 1% from last quarter. • Over 5-year tenure: There are 109 CFOs with tenure of over 5 years in the same company, which is 36% of the CFO population. This is an increase of 1% from last quarter. Diversity and Tenure of Current ASX 300 Chief Financial Officers (%)100 Non-Caucasian Over 5-year Tenure 90 80 70 60 50 40 30 20 10 0 Female

NEWS – WHO’S MOVING? • Ardent Leisure Group Ltd: Darin Harper Chief Financial Officer Main Event Entertainment has been appointed Group Chief Financial Officer effective 4 June 2018, and Geoff Richardson Acting Group Chief Executive Officer will finish 15 June 2018. • ASX Ltd: Ramy Aziz has announced that he will retire as Chief Financial Officer in September 2018. • AUB Group Ltd: Mark Shanahan has been appointed Chief Financial Officer, effective 12 April 2018. • Ausdrill Ltd: Mark Norwell has been appointed as the company’s new Managing Director and Chief Executive Officer and commences on 17 September 2018. Outgoing Managing Director and Chief Executive Officer, Ron Sayers, will formally retire from the Company on 3 July 2018. Current Chief Financial Officer, Theresa Milkota, will act as interim Chief Executive Officer. • Australian Agricultural Company Ltd: Nigel Simonsz has been appointed Chief Financial Officer effective 1 August 2018, and Anna Speer has been appointed Chief Operating Officer Pastoral, effective 18 August 2018. • Bank of Queensland Ltd: Matt Baxby has been appointed Chief Financial Officer effective 14 May 2018. • Bisalloy Steel Group Ltd: Luke Beale has been appointed Chief Financial Officer and Company Secretary, effective 16 April 2018. • Cabcharge Australia Ltd: Ton van Hoof has been appointed Chief Financial Officer, effective 15 May 2018. • Cedar Woods Properties Ltd: Leon Hanrahan has been appointed Chief Financial Officer, effective 1 June 2018, current Chief Financial Officer Paul Freedman will continue with the company as Company Secretary. • Commonwealth Bank of Australia Ltd: Alan Docherty has been appointed acting Chief Financial Officer, Rob Jesudason has resigned as Chief Financial Officer. • Energy Resources of Australia Ltd: David Blanch has been appointed Chief Financial Officer replacing James May who has been appointed another role within Rio Tinto Group, effective 9 July 2018. • Funtastic Ltd: Grant Mackenzie has resigned as Chief Operating Officer and Chief Financial Officer effective end of May 2018, and Howard Abbey has been appointed Chief Financial Officer effective 2 May 2018. • Godfreys Group Ltd: Andrew Ford has resigned as Chief Financial Officer, effective 22 May 2018. David Lee has been appointed Chief Financial Officer. • Greencross Ltd: Lucas Barry has been appointed Chief Financial Officer, effective early financial year 2019. • Homeloans Ltd: Ian Parkes has resigned as Chief Financial Officer. Jason Azzopardi has been appointed Chief Financial Officer, effective 3 July 2018. • Horizon Oil Ltd: Richard Beament has been appointed Chief Financial Officer.

• Kidman Resources Ltd: Charles McGill has resigned as Chief Financial Officer, effective immediately.• Mesoblast Ltd: Josh Muntner has been appointed Chief Financial Officer, Paul Hodgkinson has resigned as Chief Financial Officer.• MG Unit Trust Ltd: Chief Executive Officer Ari Mervis and Chief Financial Officer David Mallinson will cease employment with Murray Goulburn Co-Operative Co. Ltd.• MotorCycle Holdings Ltd: Eddie Macdonald has been appointed Chief Financial Officer and Joint Company Secretary, former Chief Financial Officer Bob Donovan has been appointed General Manager Business Development and Integration.• QBE Insurance Group Ltd: Inder Singh has been appointed Group Chief Financial Officer replacing Michael Ford who is leaving the company.• Redflow Ltd: Trudy Walsh has been appointed Chief Financial Officer effective late September.• Rio Tinto Ltd: Jakob Stausholm has been appointed Chief Financial Officer effective 3 September, succeeding Chris Lynch who will retire as Chief Financial Officer effective 30 September 2018.• Senex Energy Ltd: Gary Mallett has been appointed Chief Financial Officer effective May 2018, and Graham Yerbury has resigned as Chief Financial Officer.• Silver Chef Ltd: Graeme Fallet has been appointed as Chief Financial Officer, effective 20 June 2018.• Speedcast International Ltd: Clive Cuthell has been appointed Chief Financial Officer, effective 9 April 2018.• Tempo Australia Ltd: Michael West resigned as Chief Financial Officer and Company Secretary, effective 15 June 2018. Scott MacDonald has been appointed Chief Financial Officer and Company Secretary, effective 15 June 2018.• Treasury Wine Estates Ltd: Matt Young has been appointed Chief Financial Officer, effective 1 May 2018, Gunther Burghardt has been appointed Executive Vice President, Operations – Americas.• UUV Aquabotix Ltd: Brendan Martin has resigned as Chief Financial Officer, effective immediately.• Villa World Ltd: Lorelei Nieves has been appointed Chief Financial Officer, effective 18 April 2018.• Vodafone Hutchison Australia Pty Ltd: James Marsh has resigned as Chief Financial Officer effective late July 2018 to join the newly merged Foxtel and Fox Sports.• Washington H Soul Pattinson and Company Ltd: David Grbin has been appointed Chief Financial Officer, effective 16 April 2018, Melinda Roderick has resigned as Chief Financial Officer and Finance Director.• Webjet Ltd: Tony Ristevski has been appointed Chief Financial Officer and Company Secretary, effective 21 May 2018, Michael Sheehy has resigned as Chief Financial Officer and Company Secretary, effective end of July 2018.