This post is devoted to Lyndsey Cattermole and raises questions about her leadership role in the present mess at PaperlinX generally, and her position on Harry Boon, Toby Marchant and Andrew Price specifically.
Lyndsey where
are you? Show us what you’re made of.
 |
| Lyndsey Cattermole Wonder Woman 1974-2011 |
By any objective measure, Lyndsey Cattermole is far
better credentialed to be chair of PaperlinX than Harry Boon was or will ever
be.
It could be argued she became a director in 2010 in expectation
of the chairperson’s role in 2011. Why else would she bother?
She’s acclaimed within her profession of ICT. She made
a lot of money without questions being asked. Her first public directorship was
of Fosters at age 41 while still running Aspect Computing; and she has been a generous contributor to, or
chairperson or director of, many causes of industry, government, education, the
arts, sport, health and the disadvantaged.
Her CV is below. She has almost every trophy in her
cabinet except one – chair of a listed company.
I seriously pose these questions of Lyndsey
Cattermole:
1.
Why
did she give more than a second thought to PaperlinX in 2010, if it wasn’t the
promise of chairperson in 2011?
2.
Does
she still support Harry Boon as chairman?
3.
Does
she still support Toby Marchant as MD?
4.
Would
her director’s endorsement of Harry Boon be the same today as the one co-published
four weeks ago?
“Harry’s experience as a public company director is extensive with a proven track record of setting ambitious goals, building appropriate organisational structures and relationships, and relentlessly pursuing achievement”
“Harry’s experience as a public company director is extensive with a proven track record of setting ambitious goals, building appropriate organisational structures and relationships, and relentlessly pursuing achievement”
5.
When
did she first learn of Loch Lomond Golf Club?
6.
Has
she ever visited Loch Lomond Golf Club? If so, how many times and for how long
on each occasion?
7.
When
must one abandon board solidarity for commercial reality? What is the point of saving
the captain as everyone else perishes?
8.
Does
she acknowledge Andrew Price’s entrepreneurial flair?
9.
Is
there an objective reason for voting against Andrew Price?
10.
Would
she happily serve on a board with Andrew Price as executive chairman?
 |
| 1981 at age 33 |
Her CV is over-brimming with what she’s done.
However,
corporate Australia
1948
|
Born 10
July at Eta
|
1965
|
Matriculated MLC, Melbourne
|
1969
|
BSc (Microbiology)
|
1970
1972 |
IBM (
|
1972
1973 |
Altergo (
|
1974 1
|
Co-launched
Altergo (Aust) with Joint Managing Director Peter Draney and Altergo (
|
1981
|
Cattermole and
Draney bought out Altergo and renamed the business Aspect Computing.
|
1981
|
Nominated for Business
Woman of the Year
|
1999 2
|
Director of the
Foster's Group Ltd.
|
2001 3
|
Cattermole and
Draney sold Aspect Computing to Kaz Group Ltd for $210 million - $108 million
in cash and the balance in Kaz shares.
|
2001
2004 |
Director of Kaz
Group Limited
|
2003
|
Awarded Order of
|
2003 4
|
Awarded Pearcey Medal.
|
2005
|
Director Tatts Group Ltd.
|
2010 5
|
Apr 2010. IBM Melbourne Reunion.
|
2010 6
|
Dec 2010. Appointed director of PaperlinX Ltd.
|
2011 7
|
E&Y Champion of Entrepreneurship
|
2011 8
|
Aug 2011. Lyndsey Cattermole ranked
|
1.
Contrary
to popular reports today, Lyndsey Cattermole was not “the founder of Aspect Computing in 1974”. She was a co-founder of
Altergo (Aust) which became Aspect Computing in 1981.
2. Fosters was first her first ASX listed board appointment. It’s unusual
to receive such a high profile first appointment.
3.
A $210 million sale was a superb
result following the dot.com bust and in a weak equities market. Unfortunately,
by Jan 2003 KAZ shares had declined by 70%.
4. Awarded annually, the Pearcey Medal is Australia
5. Just for fun because I know some of the people in the other 93 shots.
6.
Why?
That is the question?
7.
Ernst
& Young’s Champion of Entrepreneurship award recognises individuals who
have a long-term record of outstanding entrepreneurial achievement, driven the
growth of an Australian company, or companies, over a sustained period of time
and made a significant contribution to their community. See here.
8.
Ranking
based on presiding on two or more ASX-listed company boards and the combined
market capitalisation (as at 24/6/11) of the boards they serve.
Memo Harry Boon and Directors of PaperlinX. Only one female director in the top 25 sits on more than four boards.
Memo Harry Boon and Directors of PaperlinX. Only one female director in the top 25 sits on more than four boards.
Nora Scheinkestel, LLB (Hons) PhD, FAICD
Associate Professor
at the Melbourne Business
School at Melbourne University
Nora Scheinkestel was a director of PaperlinX for 10
years (Feb 2000 - Dec 2009). How was it that an Associate Professor at the Melbourne Business School
 |
| Lyndsey Cattermole receiving the 2003 Pearcey Medal from Minister Richard Alston |
Awards
Member of the Order of Australia
Pearcey Medal 2003
Centenary Medal
Ernst & Young Champion of Entrepreneurship 2011
Nominated for Business Woman of the Year 1981
Nominated for Business Woman of the Year 1981
Inducted into IT & T Hall of Fame
Fellow of the Australian Computer Society
Rotary Vocational Services Award
Rotary Vocational Services Award
Past and present
engagements
Community and Professional
Australian Information Industries
Association
Prime Minister’s Science and Engineering Council
Fed Govt Electronic, Electrical and
Information Industry Board
Multimedia Advisory Committee
National Procurement Board
Copyright Law Review Committee
IR&D Grants Board
RMIT Interactive Information Institute
CSIRO IISE Institute Advisory Committee
Victorian Premier’s Round Table
Victorian Major Events
Committee
Committee for Melbourne
Health, Education, the
Arts and Sport
Murdoch Children’s Research Institute
Chair of the Woman’s and
Children’s Health Care Network
Chair of Methodist Ladies’
College - 5 years
Melbourne Theatre Company
Patron Lorne Sculpture
Victorian Rugby Union
Foundation member of the Weary Dunlop Club
Director Melbourne Rebels
Sailors With Disabilities program for Sydney Hobart
Race
 |
| Lyndsey Cattermole, front right Silver Medalist, Pole Vault Bronze Medal, 80m Hurdles World Masters Games 2009, Sydney |
Benefactor
The Chancellor’s Circle, University of Melbourne
CARE Australia
UnitingCare Prahan Mission
Many, many more
Recent Sporting
Achievements
2005 Masters Games, Edmonton
Athletics
Pole vault - gold medal
Swimming
100m freestyle - 5th
200m individual medley - 3rd
2009 World Masters, Sydney
Athletics
Pole vault - silver medal
80 m Hurdles - bronze medal
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