Linda Scott appointed CareSuper chair
Linda Scott has been appointed chair of CareSuper replacing Terry Wetherall.
Scott was nominated to the board of CareSuper by Unions NSW four years ago and was appointed as deputy chair in 2020.
She was the first female chair of Local Government NSW and currently serves as president of the Australian Local Government Association.
Scott is a Councillor for the City of Sydney and a former deputy Lord Mayor.
She also sits on the National Reform Federal Council and the Commonwealth Government's Regional Banking Taskforce and serves on the board of the NSW Environmental Trust.
"Linda brings in-depth knowledge of culture, governance, risk, and advocacy, along with a passion for taking action on climate change," said CareSuper in a release.
Jeremy Johnson who has been a CareSuper director since 2018 will take over as deputy chair.
Currently, Johnson isis chair of the Great Ocean Road Regional Tourism Board, immediate past chair of the Central Highlands Water Board, chair of the ACCI Tourism Restart Taskforce, current executive councilor and past president of the Victorian Chamber of Commerce and Industry, and a member of the Ministerial Advisory Council on Skilled Migration.
Meanwhile, Rebecca Girard will replace Keith Harvey following his recent retirement.
Girard is an industrial coordinator at the Australian, Municipal, Administrative, Clerical, and Services Union Queensland and a former director of the Community Services Industry.
Additionally, she was on the Energy Super Board before its merger with LGIA Super.
The CareSuper board acknowledged the contribution of outgoing chair Terry Wetherall.
"As chair, Wetherall led the continued strategic focus of the Fund during the Covid-19 pandemic, and oversaw a period when CareSuper produced the highest return for the balanced option with 17.49 percent for the 2020/21 financial year, which was the 12th consecutive year of positive returns for the Fund," the super fund said.
"Terry strengthened the protection of current and future CareSuper member accounts following the introduction of Trustee Indemnity reforms from January 2022.
"In line with our commitment to ensuring the best financial outcomes for members, Terry also championed the decision made during 2021, which committed CareSuper towards achieving net-zero carbon emissions in the investment portfolio by 2050.
Scott noted the commitment to net-zero carbon emissions across the fund's investment portfolio by 2050, coupled with strong financial performance, including a balanced fund that has demonstrated consistent long-term outperformance.
