Donald McGauchie in Sydney

Sydney

Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...

, Australia, is a member of the board of the Reserve Bank of Australia

Reserve Bank of Australia

The Reserve Bank of Australia came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank to it....

 since 30 March 2001 and has recently been appointed chairman of the Nufarm

Nufarm

Nufarm , headquartered in Melbourne, Australia, is one of the world's leading agricultural chemical companies, with operations in all corners of the globe...

 board, and was the former chairman of Telstra

Telstra

Telstra Corporation Limited is an Australian telecommunications and media company, building and operating telecommunications networks and marketing voice, mobile, internet access and pay television products and services....

 Corporation. McGauchie began his duties as chairman on 20 July 2004, taking over for Bob Mansfield who vacated the position in April 2004. He resigned from the position on 8 May 2009, after failing to meet expectations of large Telstra

Telstra

Telstra Corporation Limited is an Australian telecommunications and media company, building and operating telecommunications networks and marketing voice, mobile, internet access and pay television products and services....

shareholders, and since replaced by Catherine B. Livingstone.