Sydney Markets Chairman retires

After serving in this capacity since 2005, Mr Pearson’s retirement marks both the end of an era and a whole new chapter for SML.
During his tenure as Chairman, he has been instrumental in building SML into a global leader in Wholesale Markets Operations and a pioneer in environmental sustainability.
Under his leadership, the Markets have invested over $100 million in various improvements while substantially reducing overall debt.
Investments in Green Point, innovative recycling and solar initiatives have helped to make SML recognised as an industry leader in environmental sustainability.
Mr Pearson’s leadership and vision have enabled SML to navigate some of the most challenging times in recent history, including the Global Financial Crisis and the Covid-19 pandemic.
His staunch dedication to supporting shareholders financially and keeping stakeholders safe ensured that the Markets continued to operate during these challenging times.
SML CEO Brad Latham thanked Mr Pearson for his unwavering support and contributions during his tenure as Chairman.
“On behalf of the Sydney Markets community, I wish to thank John for his many years of service and wish him all the very best for his future endeavours,” Mr Latham said.
Mr Pearson said he was incredibly proud of all that had been accomplished during his time as Chairman.
“My ambition in this role has always been to leave the company in a better state than when I arrived, and I believe we have achieved that. I remain passionate about this industry and will always be a vocal advocate for our shareholders and the thousands of businesses which rely on the Markets for their own livelihoods,” he said.
SML will begin the search for Mr Pearson’s successor, with an announcement made in due course.