Board of Directors

RAYMOND JAMES - EXECUTIVE CHAIRMAN

Qualifications:
BSc Physics (Geology, Maths) University of NSW, T.C. University of Sydney, Honorary Fellowship of Griffiths University Institute for Glycomics

Experience:
Mr Ray James has been the Managing Director of Icon Energy Limited and its subsidiaries since 1993. Following this, he served as a Non-executive Director for the next three years. On 6 October 2023, Ray has been appointed by the board as the Chairman, continuing his commitment to the Company. 

Ray has over 40 years experience in the petroleum industry in Australia, USA, Indonesia, South East Asia, Middle East and Russia. He worked with Chevron in Perth and Houston from 1969-74 and with Gulf Oil from 1974-80. He was the Managing Director of Australian Hydrocarbons from 1980-81 and the Managing Director of Omega Oil from 1987-91. Ray was a Director of Australian Petroleum Production & Exploration Association Ltd (APPEA) from 1999-2007 and Vice Chairman of APPEA from 2003-2005.

Ray was a Fellow of the Australian Institute of Company Directors and is past Vice Chairman of the Gold Coast Committee. In 2022 Ray was awarded an Honorary Fellowship of Griffiths University Institute for Glycomics.

Director Since: 01/02/1993

Chair Since: 06/10/2023 

HUGH WILLIAM MCKENZIE-MCHARG - NON-EXECUTIVE DIRECTOR

Qualifications:
BEc Monash University, Qualified Valuer

Experience:
Mr Hugh William (Bill) McKenzie McHarg brings extensive commercial, governance and transaction experience developed over a distinguished career spanning several decades.

Bill is a Co-founder and former Managing Director of Colliers Australia, where he played a leading role in establishing and expanding the business into one of Australia's leading commercial property services organisations.

Throughout his career, Bill has developed extensive expertise in company management, corporate governance, strategic transactions and stakeholder engagement. He has negotiated and advised on complex transactions involving private individuals, major corporations and government entities, bringing significant commercial, financial and strategic capability to the Board.

Director Since: 30/06/2026