Mr Cowan will assume the position following the retirement of long serving Port of Brisbane Chair, Mr Jerry Maycock.
Mr Cowan currently Chairs Queensland Sugar, Health and Plant Protein Group Limited and Winson Group, and is a Non-Executive Director of Santos Ltd. He has a diverse corporate background, including roles as Chief Financial Officer for Shell Oil (USA) and Fonterra Cooperative Group.
“I’m extremely honoured to be appointed Chair of the Port of Brisbane,” Mr Cowan said. “The Port is a critical infrastructure asset, not just for Queensland but the entire country. It has an enviable record of infrastructure investment, supply chain enablement and support for its local community. I look forward to working with my new Board colleagues and the entire PBPL team as we continue to invest in the Port and therefore the economy, well into the future.”
Port of Brisbane Pty Ltd CEO, Roy Cummins, welcomed Mr Cowan, while paying tribute to Mr Maycock’s service to the organisation. “We’re all looking forward to working with Guy to facilitate the next phase of growth at the Port of Brisbane,” Mr Cummins said. “He will build on the extraordinary legacy of Jerry Maycock, who has overseen the transformation of this organisation since privatisation, ushering in around $1 billion in capital investment across our five precincts, a revitalised property strategy that has delivered value to our customers and shareholders, and our drive towards being a national leader in port sustainability. “We thank Jerry for his leadership and commitment to the Port of Brisbane and wish him well in the future.”
Mr Maycock’s tenure comes to an end after first being appointed Chairman of the PBPL Board in November 2010. “I have greatly enjoyed my time at the Port of Brisbane, and I’m incredibly proud of all that we have achieved during my time as Chair,” Mr Maycock said. “I’d like to thank my Board colleagues during that period, the Executives I have worked with, and of course the wonderful employees of Port of Brisbane Pty Ltd. “I’m confident PBPL has and will continue to live it up to its vision of being Australia’s leading port: here for the future.”
Mr Cowan holds a Bachelor of Science (Engineering and Social Studies) (Hons) from the University of Sussex, and is a Member of the Institute of Chartered Accountants of England and Wales, UK.