Our People - Board

Managing Director – David Shearwood

Bachelor of Engineering (Mining Hons) degree from the University of Sydney (1984), Graduate Diploma in Applied Finance and Investment from the Australian Securities Institute (2000), the Australian Institute of Company Directors (AICD) Diploma with order of merit (2000) and a Professional Diploma of Human Resources from the Australian Human Resource Institute (2006).

Mr Shearwood has 29 years’ experience as a fund manager, strategist and investment banker at firms including Macquarie Bank, Westpac, QBE Insurance, Atom Funds Management, Du Pont and Rio Tinto. He founded Atom and developed a captive Australian equities research firm in Bangalore, India, to support the business in Australia which concentrated on small company investments. Mr Shearwood has travelled the world investigating mining, energy and infrastructure opportunities.

Mr Shearwood has extensive experience as a director, spanning for-profit listed, unlisted and foreign companies, as well as not-for-profit companies. He has been a member of the (AICD) education committee.

Mr Shearwood was one of the earliest fund managers in Australia to invest in the ISG industry. He has achieved top quartile performance as a fund manager and analyst across various sectors during his career with an emphasis on mining, energy and infrastructure.

Mr Shearwood is a founding director and major shareholder of Allied Resource Partners Pty Ltd (ARP) and indirectly a major shareholder in Marathon.


Executive Chair – Daniel Justyn Peters 

BLaw, BA (politics/jurisprudence) GDLP, ISG experienced (six years senior executive Linc Energy),

Government (State and Federal, including Director, Queensland Environmental Protection Authority - EPA), 14 years working with senior entities in China. 

Mr Peters was employed at the Queensland EPA as head of Investigation and Compliance and then acting Director of Central and Northern Regions. He managed the integration of the environmental regulation of the Qld Mining Industry into the EPA. As a result of this work he was employed as Environmental Advisor to the Queensland Mining Council. Mr Peters has also lead Airservices Australia (Cth) Environment Monitoring Group, before becoming National Environment and Property Manager.  

Mr Peters joined Linc Energy Limited soon after its IPO. At the time Linc Energy (the world leader in ISG) had only a few employees and a Market Cap of AUD$30m and grew to over 600 employees and a Market Cap of AUD$2b. In his 6 years at Linc Energy Mr Peters held the positions of General Manager Environment and Government Relations, General Manager Business Development, Executive General Manager Nth Asia and finished as Executive General Manager of Investor Relations. He led teams on international JV’s, acquisitions and acquisition of Australian entities. His experience across a broad range of business units within Linc Energy will prove invaluable in developing the Leigh Creek Energy Project. 

Mr Peters is a director and shareholder of Allied Resource Partners Pty Ltd (ARP) which is a substantial shareholder of Marathon.


Non-Executive Independent Director - Chris Schacht FAICD 

The Honourable Chris Schacht was appointed a non-executive director of Marathon on 24 January 2008. 

One of Australia’s most highly respected political minds with vast international Government experience, Chris served in the Senate of Federal Parliament for 15 years until 2002. 

During his time as a Minister from 1993 to 1996, he held the portfolios at various times of Science, Small Business, Customs and Construction. As Minister, he was responsible for the Patents Office, Commonwealth Research Centres, Standards, Space Industry, Shipbuilding and Business Franchising. 

Prior to being appointed as Minister, Chris was an active member of many Senate and Party policy committees covering Economics, Industry Development, Science, Communications, Foreign Affairs, Defence, Trade, Human Rights and Transport.

He also worked as a ministerial advisor to the South Australian State Government from 1970 to 1973 and Federal Government from 1973 to 1975 in the portfolio areas of Agriculture, Fisheries, Land Management, Forestry, Defence Supply, Veterans, Telecommunications and Postal. 

Chris was president of the Australian Volleyball Federation from 1997 to 2013. In that role attended many national and international volleyball events including 7 world volleyball congresses


Deputy Chair - Peter Williams (BEc, FCA) 

Peter Williams is a chartered accountant with extensive professional and commercial experience. He has broad experience as managing director and chairman of public companies. 

Peter was a partner of Deloitte for 17 years and partner in charge of the South Australian practice from 1987 to 1991. He joined the Lloyd Helicopter group as managing director in 1991 and from 1993-1998 was managing director of Enterprise Solutions Asia Pacific Limited.

He conducts a consultancy practice from the Deloitte offices, is involved with several private companies and was chairman of TEC 29 from 1999 to 2002.