Leaders & Legends of the Industry | Mary Thompson

Leaders & Legends of the Industry | Mary Thompson

Mary Thompson Bio   2019 IQA Conference

Mary is the owner and CEO of McLeod Rail, a rail contractor she purchased in 2009.  Prior to 2009 Mary worked for Fulton Hogan for two years in a strategy role after selling them a quarry business she owned between 2003 and 2007. From the late 1980s to the early 2000s, Mary worked in financial services for 16 years, the final ten years of which were spent at Macquarie Bank where she reached the position of Division Director.

Mary is director, founder and major shareholder of Iron Fortune which is the first minerals exploration and development in Timor-Leste company. An ASX listed manganese smelting and mining company recently acquired 20% of Iron Fortune. Mary also owns a second Timor-Leste company, Molaris, which has an MOU with Orica for the establishment of an explosives business in that country. Mary and Orica have assisted the Government of Timor-Leste with the drafting of the country’s first Explosives Code.

Mary has a BA from the University of Melbourne, a Graduate Diploma and Masters Degree in Applied Finance, and a Company Directors Diploma from the Australian Institute of Company Directors. Mary has also completed extractive industry qualifications, including a licence to use explosives in open cut mines and quarries, and holds a Victorian quarry manager’s certificate. Mary is Fellow of the Institute of Quarrying, and was Chairman of the Victorian Branch from 2007 to 2009. 

In April 2018 during the Banking Royal Commission Mary was invited by the Governor of the Reserve Bank of Australia (RBA) to join 4 other SMEs[1] plus the heads of APRA, ASIC, Treasury and the Corporate Lending Heads of the banks at a Small Business Finance Roundtable.  Following the Roundtable, in June 2018 Mary was appointed to the Reserve Bank’s Small Business Finance Advisory Panel for a three year term.   In January 2019 Mary was appointed to a federal government working group for the Large Business Payments Reporting program, which aims to reduce payment times to SMEs from large organisations.  In August 2019 Mary was appointed to the RBA’s Business Liaison Program due to her knowledge of the infrastructure sector. 

Mary is a State Councillor, and Deputy Chair of Ai Group, and a National Advisory Committee Member, and a former board member of Ai Group’s Graduate Employment Service.