Lindsay Maxsted Explained

Lindsay Maxsted is an Australian businessman.^{[1] [2] [3]} He served as the chairman of the board of Westpac.^{[1] [2] [3] [4] [5] [6]}

Biography

Maxsted was born and raised in Geelong, Victoria.^[7]

From July 1984 to February 2008, he was a partner of KPMG Australia and, from January 2001 to December 2007, was its CEO.^{[1] [3] [4] [5] [6]}

He joined the board of directors of Westpac in 2008 and has been its chairman since 2011.^{[1] [2] [3] [4] [5] [6]} He has also served on the boards of directors of Transurban and BHP.^{[1] [2] [3] [4] [5] [8]}

He served on the board of the Victorian Public Transport Corporation from December 1995 to 1997, and was its chairman until 2001.^[4] He serves on the board of trustees of Baker Heart and Diabetes Institute.^{[1] [4] [5]}

In 2008, Maxsted joined the Westpac board and in 2011 he became chairman.^[9]

In November 2019, Maxsted announced that he was stepping down as Westpac's chairman.^[10]

In January 2020, Maxsted announced that he would not seek re-election for director of BHP.^[11]

Notes and References

1. Web site: Lindsay Maxsted. Forbes. dead. https://web.archive.org/web/20141016104443/https://www.forbes.com/profile/lindsay-maxsted/. 16 October 2014.
2. Marc Moncrief, Power and the passion play across the boards, The Age, 18 August 2012
3. Web site: Lindsay Maxsted. 7 February 2012. The Australian. 2020-04-16.
4. Web site: Board of Directors . Westpac. 2019-11-26.
5. http://www.transurban.com/32.htm Transurban Group Board of Directors
6. John Durie, New Westpac chairman Lindsay Maxsted must wind back board positions, The Australian, 11 May 2011
7. Web site: Changing of the guard. Cornell. Andrew. February 2011. Australian Financial Review Magazine.
8. Web site: Image Gallery . BHP. 2019-11-26.
9. Web site: Westpac's nightmare has been made worse by its highly paid bosses engaging in a charade. Khadem. Nassim. 2019-11-26. ABC News. en-AU. 2020-04-16.
10. News: Stewart. Robb M.. Westpac Banking CEO and Chairman Depart Amid Money-Laundering Probe. 2019-11-25. Wall Street Journal. 2020-04-16. en-US. 0099-9660.
11. Web site: BHP says Westpac chair Lindsay Maxsted to leave its board. Grieve. Charlotte. 2020-01-14. Sydney Morning Herald. en. 2020-04-16.