About The Trustee

Trustee Board and Officers

The following table shows a summary of the qualifications and experience of our current directors, together with the number of Board meetings they have attended over the past ten financial years.  

NamePositionQualificationsSummary Of ExperienceAttendance
Peter StrettonMember-elected director and ChairmanBA (Accounting)Since 1 July 2004. Re-appointed for three year term at election on 1 July 20132009/10: 4/4
2010/11: 4/4
2011/12: 4/4
2012/13: 3/3
2013/14: 4/4
2014/15: 3/3
2015/16: 4/4
2016/17: 4/4
2017/18: 3/4
2018/19: 4/4
2019/20: 4/4
Mark AndrewsMember-elected DirectorBBus (Accounting)Since 24 December 2020

Previously Director appointed by the Manildra Group since 28 April 2009.
2009/10: 3/4
2010/11: 3/4
2011/12: 4/4
2012/13: 3/3
2013/14: 3/4
2014/15: 3/3
2015/16: 4/4
2016/17: 4/4
2017/18: 4/4
2018/19: 3/4
2019/20: 4/4
Christian PapaliaDirector appointed by the Manildra GroupBEc
MComm
CPA
Since 29 October 20152015/16: 4/4
2016/17: 4/4
2017/18: 4/4
2018/19: 4/4
2019/20: 4/4
Belinda BurtonDirector appointed by Manildra Group and Fund SecretaryLLB
LLM
GAICD
Since 24 December 2020


Previously Independent Director appointed by the Trustee since 29 October 2015
2015/16: 4/4
2016/17: 4/4
2017/18: 4/4
2018/19: 4/4
2019/20: 4/4
Michael BrinkAlternate director for Belinda Burton and Christian Papalia. Whenever Mr. Papalia or Mrs. Burton is unable to perform his/her duties as a director (e.g. to attend a meeting), then Mr. Brink can act in their place.BA (Communications)Since February 2021None in acting capacity (only required if director unavailable)
Peter SimpsonAlternate director for Peter Stretton and Mark Andrews. Whenever Mr. Stretton or Mr. Andrews are unable to perform their duties as a director (e.g. to attend a meeting), then Mr. Simpson can act in their place.BA (Communications)Since February 2021

None in acting capacity (only required if director unavailable)

Collective Competency

For more details on the directors: Collective Competency

Executive Remuneration

The Directors who are employees of the Manildra group, do not receive any remuneration from the Fund. Instead, the Manildra Group allows them to fulfil their duties as Directors of the Fund, without reducing their salaries as employees or directors of the Manildra Group. Belinda Burton receives a monthly payment from the Trustee for her services as an Fund Secretary and Director. The Fund may reimburse Directors for reasonable expenses incurred in their role as Directors of the Fund.

Each Director spends approximately one day for preparation and one day attendance at each trustee meeting, plus ad hoc time on trustee duties as required. Mrs. Burton spends approximately 10 hours per week on her duties as Fund Secretary in addition to the time spent on her duties as a Director.

Alternate Directors are only required to act when another director is unable to perform his duties. The Fund does not have any other Executive Officers (as defined in superannuation legislation).

The estimated annual remuneration of each director from 1 January 2021 is as follows:

  • Peter Stretton       $20,000
  • Mark Andrews      $20,000
  • Belinda Burton     $80,000
  • Christian Papalia  $20,000