Jock Whittle to head Macquarie Pastoral Fund
Jock Whittle has been appointed chief executive officer of the Macquarie Pastoral Fund, which runs the Paraway Pastoral Co.
The appointment follows a decision by the fund's former chief David Goodfellow to re-join Elders as group general manager for its Australian network. For the past 19 months the Elders network's management has been overseen directly by Elders chief executive officer Malcolm Jackman, who assumed responsibility for network performance on a temporary basis following disappointing performance results in 2009-10.
Whittle has been at the Macquarie fund since 2008 having previously been with Clyde Agriculture, Westpac and National Australia Bank's agricultural businesses.
After 30 acquisitions, the Macquarie Pastoral Fund has 3.5 million hectares of property in New South Wales, Queensland and the Northern Territory. The properties have a carrying capacity for more than 240,000 sheep and 220,000 cattle.
Its most recent acquisition was Hay, NSW property. It was part of TA Field Estates' Pevensey Station, west of Hay close to Mungadal Station which Paraway purchased in 2010.
The purchase took Paraway's land total in the western Riverina to more than 170,000 hectares since Paraway was formed five years ago.
A prominent former NSW Country rugby back rower, Whittle has a master of business administration degree from the Australian Graduate School of Management and a bachelor of science in agriculture degree from the University of Sydney after growing up on his family's sheep and cropping Wellington property in rural NSW.
