Marshall is new CSIRO chief
LARRY MARSHALL has been appointed as the new chief executive of the Commonwealth Scientific and Industrial Research Organisation (CSIRO), taking over on January 1, 2015, from Megan Clark who has led the organisation for more than six years.
“Dr Marshall has an impeccable record as a scientist, a technology innovator and business leader,” CSIRO Board chairman Simon McKeon.
The chief executive of CSIRO is probably the most important position in national science administration, so we conducted an extensive global search for an innovative scientist with strong business leadership qualities, and more than 70 candidates were considered.
“His wealth of experience in developing and applying science and technology makes him an excellent fit. Dr Marshall combines commercial and scientific credentials with extensive global experience, making him the world class leader we were seeking for CSIRO.”
Dr Marshall is managing director of Southern Cross Ventures, a venture capital firm based in Silicon Valley, Shanghai and Sydney, specialising in growing Australian technology companies in Asia and US. He has a longstanding partnership with SoftBank China, China’s most successful venture capital (VC) firm, and co-manages the Renewable Energy Fund, founded in 2012, with them.
Dr Marshall was educated at Macquarie University Sydney where he took a doctorate in physics. He began his career in the Defence Science and Technology Organisation and has 25 years experience as an international technology entrepreneur and holds 20 patents protecting commercial products. He has lived in the US for 25 years and founded and/or was CEO of Light Solutions, Iridex (Nasdaq:IRIX), Iriderm, Lightbit, Translucent, AOC, Arasor (ASX: ARR), and the Renewable Energy Fund; driving two of them to successful IPOs.
Dr Marshall is currently on the boards of Mocana, Quantenna, Wave, Nitero, SBA, Advance, SXVP, REVCF, Laser Focus World and serves as chairman of RIO, Crossfiber and Advance Innovation. He is co-chairman of Blackbird and Brismat. He is a passionate supporter of Australian innovation and Australian entrepreneurs, Mr McKeon said.
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