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Forget 16-hour days. This CEO's secret is self-regulation
Forget 16-hour days. This CEO's secret is self-regulation

AU Financial Review

time2 hours ago

  • Business
  • AU Financial Review

Forget 16-hour days. This CEO's secret is self-regulation

Philippa Watson, the former chief executive of online bank UBank, has been named overall winner of this year's Financial Review Women in Leadership Awards, presented by Qantas, for her transformation of a key financial institution and a willingness to take risk and change course. Watson left UBank at the end of May after she was hired by high-profile philanthropist Nicola Forrest to be the inaugural CEO of Coaxial, her new family office, which takes in a foundation and a venture capital arm.

Philanthropy 50: Which Australians gave away the most?
Philanthropy 50: Which Australians gave away the most?

AU Financial Review

time28-04-2025

  • Business
  • AU Financial Review

Philanthropy 50: Which Australians gave away the most?

Is divorce good for philanthropy? This could be the year Australia finds out. Nicola Forrest, who split from former husband Andrew in 2023, now gives through both the Minderoo Foundation and her own Coaxial Foundation. And while Coaxial didn't make the Philanthropy 50 list this year, it will almost certainly next year. Likewise, Mike and Annie Cannon-Brookes' divorce may lead to greater levels of giving from both, through Mike's Boundless Earth and the Cannon-Brookes Foundation, which is led by the former couple. It's all been pioneered globally, says JBWere's John McLeod, by MacKenzie Scott, ex-wife of Jeff Bezos, who set in motion a wave of impressive philanthropic giving in 2020, currently totalling $US19 billion ($31.7 billion). Next year's Philanthropy 50, in other words, could be quite different from 2025's.

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