Michael Happell has been appointed to the role of Melbourne Cricket Club treasurer, following Michael Andrew's decision to step down from the MCC Committee after accepting the role of global chairman of KPMG and subsequently relocating to Hong Kong.
Mr Happell was appointed to the committee in May of this year, filling a casual vacancy created by the retirement of former president, David Meiklejohn.
An MCC member since 1981, Mr Happell has a long and distinguished record in the sport of real tennis. An Australian Amateur champion on 18 occasions, he held a top 10 world ranking for 16 years (1989-2004).
Happell is the PricewaterhouseCoopers Australian Energy, Utilities and Mining Resources Industry Leader. He is the firm's Global Lead Partner for BHP Billiton and is a member of the Australian Firm Board of Partners.
Previous leadership positions that Michael has held in the firm include National Tax Markets Leader (2005-2008) and Global Transfer Pricing Leader (1999-2004).
Michael has more than 28 years' experience in corporate and international tax consulting, with a strong focus on the resources sector.
He has been named one of Australia’s top tax advisers in the International Tax Review “Top Tax Advisers” survey on numerous occasions. He has also been named a Leading Transfer Pricing Adviser in Euromoney’s “Best of the Best” global tax advisers.
He has a LLB, BCom (Melbourne University) and is a fellow of the Institute of Chartered Accountants in Australia and the Taxation Institute of Australia.
In addition, Mr Happell is also a board member of Breast Cancer Network Australia and the Royal Melbourne Tennis Club, as well as a school council member of Scotch College and Lauriston Girls School.
Mr Andrew will lead the KPMG global network of professional services firms providing Audit, Tax, and Advisory services for a four-year term, effective October 1, 2011. He was elected to the Hong Kong-based role unanimously by KPMG International's Global Board and Council.
MCC president Paul Sheahan wished Mr Andrew well in his new role.
"While it is not our wish for Michael Andrew to depart, we understand the constraints his new role has on his ability to fulfil his MCC duties," said Mr Sheahan. "The KPMG role presents a wonderful opportunity and not only do we wish him well, we thank him for his outstanding service to the MCC Committee during the last four years."
"I am delighted that Michael Happell has accepted the role of treasurer," said Mr Sheahan. "Not only does he have impeccable credentials in a business sense but he has a strong sporting background and has been an active member of the club. We look forward to his expert input to our deliberations."
View the current members of the MCC Committee