THE CSIRO has appointed engineer, inventor and entrepreneur Larry Marshall as its new chief executive.

CSIRO chairman Simon McKeon said Dr Marshall had an impeccable record as a scientist, technology innovator and business leader.

“His wealth of experience in developing and applying science and technology makes him an excellent fit,” Mr McKeon said.

“Dr Marshall combines commercial and scientific credentials with extensive global experience, making him the world class leader we were seeking for CSIRO.”

“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, and more than 70 candidates were considered.”

Mr McKeon also thanked current chief executive Megan Clark for her leadership of CSIRO for the past six years.

Dr Marshall is currently managing director of Southern Cross Venture Partners, an early stage venture capital firm specialising in creating Australian technology companies and growing them globally in Asia and the United States.

Dr Marshall was educated at Sydney’s Macquarie University where he took a doctorate in physics.

He began his career in the Defence Science and Technology Organisation and has 25 years’ experience as an international technology entrepreneur.

Dr Marshall is currently on the boards of Mocana, Quantenna, Wave, Nitero, SBA, Advance, SXVP, REVCF, Laser Focus World and serves as chairman of RIO, Crossfiber and Advance Innovation. He is co-chairman of Blackbird and Brismat.