Dr Larry Marshall

Venture capitalist, tech entrepreneur, physicist and co-manager of the Renewable Energy Fund Dr Larry Marshall has today (Thursday) been announced as the new chief executive of the CSIRO.

Dr Marshall will take up the role in January 2015, succeeding Dr Megan Clarke. Currently Dr Marshall is managing director of Southern Cross Venture Partners, a venture capital firm that specialises in creating Australian technology companies and growing their market share across Asia and the USA.

Following undertaking his doctorate in physics at Macquarie University, he worked for the Defence Science and Technology Organisation before relocating to the US to enter the private technology innovation sector. He has developed and patented 20 different commercial products, founded six US-based companies specialising in biotechnology, photonics, telecommunications and semiconductors, and is on the board of numerous high-tech companies operating in Australia, the US and China.

“Dr Marshall has an impeccable record as a scientist, a technology innovator and business leader,” chair of the CSIRO board Simon McKeon said. “His wealth of experience in developing and applying science and technology makes him an excellent fit.??”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. Dr Marshall combines commercial and scientific credentials with extensive global experience, making him the world class leader we were seeking for CSIRO.”