Catherine Livingstone Explained

Catherine Livingstone
Birth Date:17 September 1955
Birth Place:Nairobi, Kenya
Alma Mater:Macquarie University
Office:Chair of the Commonwealth Bank
Term Start:2017
Term End:2022
Predecessor:David Turner
Successor:Paul O’Malley
Office2:Chair of Telstra
Term Start2:2009
Term End2:2016
Office3:Chair of the CSIRO
Term Start3:6 November 2001
Term End3:31 December 2006
Predecessor3:Charles Allen
Successor3:Peter Willcox

Catherine Brighid Livingstone (born 17 September 1955) is an Australian businesswoman who has held positions in the Commonwealth Bank of Australia, CSIRO, Macquarie Bank, and Telstra.

Early life and education

Catherine Brighid Livingstone was born in Nairobi, Kenya, on 17 September 1955.[1] [2] In 1960 her family migrated to Australia.[1]

She attended Loreto Normanhurst School.[3]

She graduated in 1977 with a Bachelor of Arts in Accounting with first class honours from Macquarie University in Sydney.[1] [4]

In 1992 she attended the International Program for Executive Development in Switzerland.[4]

Career

After graduating, Livingstone joined the accountancy firm of Price Waterhouse, working in both Sydney and London. She then held several accounting and management roles at Nucleus Ltd, finally reaching the position of chief executive, finance, before being made the CEO of one of its subsidiaries, Cochlear Limited, in 1994.[5] In January 1995 she was appointed a director of Cochlear (UK) Limited, and in December 1999 of Cochlear Europe. She resigned from both positions in September 2000.

Livingstone was director of the Sydney Institute[3] from 1998 to 2005, director of the Rural Press Foundation, and chair and director of the Australian Business Foundation from 2002 to 2005.[6] [4]

In 2000, she was appointed chair of Telstra Corporation, a position she retained until 2016.[1]

In January 2001 she became a member of the CSIRO (Commonwealth Scientific and Industrial Research Organisation) board. In November 2001 she was appointed chair, a position she retained until December 2006.[1]

Livingstone was an independent voting director of the Macquarie Bank and the Macquarie Group from November 2003 to July 2013.[7]

From 2007 to 2008, Livingstone was president of Chief Executive Women.[8]

On 22 January 2008, it was announced that Livingstone would be a member of the panel conducting the review of Australia's national innovation system.[9] [10] From 2013 until 2013 she was on the Prime Minister's Business Advisory Council,[1] and in March 2014, was elected president of the Business Council of Australia for a two-year term, replacing Tony Shepherd.[11] She was succeeded by Grant King in November 2016.[12]

Livingstone replaced David Turner as chair of the Commonwealth Bank of Australia (CBA) in January 2017.[13] In November 2018 she gave evidence at the Banking Royal Commission about her predecessor's poor performance and the lack of transparency in how the bank dealt with following up his refusal to repay 40% of his annual fees. She said that she knew that she had risked her professional reputation in joining the board, but had been determined to change its corporate culture.[14] She retired after nearly six years in the position, in August 2022.[15]

Non-executive directorships

From 2007 until 2013, Livingstone was a non-executive director of the NSW Innovation and Productivity Council.[1]

She joined the board of WorleyParsons as a non-executive director in July 2007, and was still a member of the board [16] but left sometime between then and December 2023.[17]

The arts and education

Livingstone was a director of the Royal Institution of Australia from 2009 to 2011, and president of the Australian Museum Trust between 2012 and 2017.[1]

From 2013 and Livingstone is patron of the Australian Design Innovation Network, an initiative led by CSIRO, the UTS Business School, and the Design Innovation Research Centre. She has also supported various UTS research initiatives and been involved in industry bodies, think tanks, and forums on behalf of UTS, including the launch of the UTS Centre for Corporate Governance in 2003.[4]

From 2013 until 2015, she was a member of the John Grill Centre for Project leadership, at the University of Sydney, and from 2020 until 2022 a member of the Liveris Academy advisory board at the University of Queensland.

Livingstone became the Chancellor of University of Technology Sydney (UTS) on 1 December 2016,[18] a position she retains .[19]

From 2017 and continuing in 2024, she has been a non-executive director of The Australian Ballet.

Recognition and awards

Notes and References

  1. Web site: Livingstone, Catherine Brighid (1955-). Encyclopedia of Australian Science and Innovation . Swinburne University of Technology, Centre for Transformative Innovation . 26 March 2003 . 9 April 2024.
  2. Web site: Catherine Brighid LIVINGSTONE personal appointments . GOV.UK . 19 November 2003 . 9 April 2024.
  3. Web site: Significant Women Who Graduated From Loreto Normanhurst. Mackenzie . Eyles . Eugenia . Yoon. 3 March 2021 . Loreto Normanhurst . 9 April 2024.
  4. Web site: Ms Catherine Livingstone AO . University of Technology Sydney . 14 October 2014 . 9 April 2024.
  5. http://www.cochlear.com/Corporate/ Cochlear Pty Limited
  6. News: John Mullen slides into Telstra chair as Catherine Livingstone leaves. The Australian. 26 April 2016. subscription.
  7. Web site: Catherine Brighid LIVINGSTONE personal appointments . GOV.UK . 19 November 2003 . 9 April 2024.
  8. Web site: Catherine Livingstone . . 16 December 2022 . 9 April 2024.
  9. http://www.innovation.gov.au/innovationreview/Pages/home.aspx Review of Australia's national innovation system
  10. http://minister.innovation.gov.au/SenatortheHonKimCarr/Pages/GOVERNMENTANNOUNCESREVIEWOFNATIONALINNOVATIONSYSTEM.aspx "Government Announces Review of National Innovation System"
  11. News: Australia has 'lost pioneering spirit' : outgoing BCA president . Michael Smith . 2014-03-28 . Business Weekly Review . 1 July 2015 . https://web.archive.org/web/20140328080812/http://www.brw.com.au/p/leadership/australia_has_lost_pioneering_spirit_BjAJh5FdS9bf2Z1A6QtxJN . 28 March 2014 . dead .
  12. News: Business Council of Australia appoints Grant King as next president . Michael Janda . 7 November 2016 . ABC News .
  13. Web site: Commonwealth Bank announces appointment of new Chairman. Commonwealth Bank of Australia. 18 June 2017.
  14. Web site: Hutchens . Gareth . McGowan . Michael . Commonwealth Bank board asked former chairman to return fees, inquiry told . . 21 November 2018 . 9 April 2024.
  15. Web site: CBA announces Catherine Livingstone AO to retire as Chairman and appointment of Paul O'Malley as successor . CommBank . 27 April 2022 . 9 April 2024.
  16. Web site: Board of Worley Parsons . Workley Parsons . 18 June 2017. https://web.archive.org/web/20171103205016/http://www.worleyparsons.com/investorrelations/pages/theboard.aspx. 3 November 2017.
  17. Web site: Our leadership . Worley . 1 March 2013 . 9 April 2024. https://web.archive.org/web/20231207204902/https://www.worley.com/en/about-us/our-people/leadership. 7 December 2023. live.
  18. Web site: UTS announces new Chancellor . Home . 9 December 2015 . 9 April 2024.
  19. Web site: University of Technology Sydney: Ms Catherine Livingstone AC. University Chancellors Council . 9 April 2024.
  20. http://eisenhowerfellowships.org/news/newsarchive/06/0606.html Eisenhower Exchange Foundation Fellow
  21. https://honours.pmc.gov.au/honours/awards/1137419 Officer of the Order of Australia
  22. Web site: Companion of the Order of Australia (AC) in the General Division. 2024.
  23. Web site: Honorary Doctorates . Macquarie University . 9 April 2024 . 9 April 2024.
  24. https://www.science.org.au/fellowship/fellows/ms-catherine-brighid-livingstone Ms Catherine Brighid Livingstone
  25. Web site: Ms Catherine Brighid Livingstone AO . 2024-01-25 . Australian Honours Search Facility.

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