Cliff Lawrenson

Non-Executive Chairman

Cliff joined the board of Pacific Energy Limited (ASX:PEA) in 2010 as non-executive chairman. After acquisition of the company by QIC in 2019, he was reappointed as non-executive chairman. He is also non-executive chairman of Paladin Energy Limited (ASX:PDN) and of Onsite Rental Group.

His executive career has spanned over 30 years, ranging from investment banking to leadership roles in the energy, resources and infrastructure sectors in Singapore, USA and Australia. He transitioned to non-executive roles at the end of 2018 having been CEO of several ASX listed mining and services companies after returning to Australia from USA in 2004. These include Atlas Iron, Avenira Limited, Ferraus Limited and GRD Group.

Cliff spent 7 years from 1997 as a Vice President of Michigan based power company, CMS Energy in Singapore and USA where he lead their Global Finance and Strategy groups. Prior to this, he spent several years in investment banking in South Africa and with Macquarie Bank in Sydney. He holds a Bachelor of Commerce (Hons) in Strategy and Finance.

Jamie Cullen


Jamie has served as Chief Executive Officer since June 2015. Prior to joining Pacific Energy he was Chief Executive of Resource Equipment Ltd (2008 – 2014) and PCH Group Ltd (1995 – 2007), both of which were ASX listed resource sector service companies with national and international operations until being acquired under takeover transactions.

He has extensive commercial and practical experience in growing businesses domestically and internationally, both organically and through acquisitions.

Jamie has considerable financial, management and corporate governance experience and has served as a Director of several listed companies. He is also a Board member of Guide Dogs WA and Ear Science Institute Australia.

He is a qualified Chartered Accountant and prior to his CEO roles was a finance executive in the motion picture industry in Los Angeles and before that was with PricewaterhouseCoopers in Australia and the USA.

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Megan McCracken

Non-Executive Director

Megan is owner of management consultancy Pleiades Global and has sat on several industry bodies, including the Australian Logistics Council. In her most recent infrastructure role, Megan was general manager for safety, people and corporate affairs for Arc Infrastructure, formerly Brookfield Rail.

Megan has been based in Perth, Melbourne and Sydney in senior roles with Hamersley Iron, Rio Tinto Limited, and energy services company Dalkia Environmental Solutions, now French multinational Veolia.

With tertiary qualifications in employee relations, politics, linguistics and business, Megan is a strong advocate for workplace diversity, and is national chair of the National Association of Women in Operations (NAWO).

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Ross Israel

Non-Executive Director

Ross co-founded QIC Global Infrastructure in early 2006 and leads an international team actively managing 19 direct investments. He is also a member of QIC's Executive Committee Management and the QIC Global Infrastructure Investment Committee.

Ross is a director of U.S. infrastructure business Generate Capital, and an alternate director of CampusParc, which manages The Ohio State University parking system in the U.S.

Ross has over 28 years of experience in the field of corporate finance and funds management with specialist skills in infrastructure, asset management, capital raisings and M&A.

Prior to QIC, Ross was with AMP Capital from 2000 to 2005 where he was co-lead and COO of Diversified Utility and Energy Trusts (DUET) which was listed on the ASX in August 2004. He has also worked for ABN AMRO, BZW and with Ernst & Young. Ross holds a Bachelor of Commerce and Bachelor of Law from the University of Queensland.

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Stephen Cake

Non-Executive Director

Stephen is an experienced corporate executive, having spent more than 30 years working in a broad range of international businesses. Until August 2017, Stephen headed global acquisitions and strategy for Energy Developments Limited (EDL) where he worked for 7 years. Prior to EDL, he was M+A director for International Power plc – a UK based FTSE 30 global power generation business, where Stephen held roles in London and Melbourne.

Stephen previously worked for an emerging markets power sector business. He qualified as a lawyer in the UK and spent 15 years in private and public practice, including 5 years in the Sultanate of Oman. He has an extensive acquisitions track record, together with strategy development and implementation.

Stephen now consults, ad hoc, to Queensland Investment Corporation (QIC). He was formerly a NED at Epic Energy in South Australia, a gas transmission pipeline company also owned by funds advised by QIC. Stephen is chairman of Fighting Chance, a Sydney based not for profit organization which designs, builds and scales social enterprises which move the dial for Australians with disability.

Sam Pearce

Sam Pearce

Non-Executive Director

Sam joined the QIC Global Infrastructure team in May 2020 to build further the asset management capabilities across QIC's energy and utilities businesses.

Sam has around 25 years of industry experience in the energy and utilities sectors, spanning operations, investment management, corporate development and strategy, and transaction execution responsibilities. He has worked in merchant energy, gas distribution, power generation (gas and renewables), and electricity and gas transmission primarily in Australia and New Zealand. Prior to joining QIC, Sam held executive and senior management / corporate development roles at APA Group, Stockland and AGL, and before moving into industry he was a lawyer at Clayton Utz with transactional, anti-trust and corporate finance responsibilities.

He has led multiple cross functional project teams across greenfield energy developments in gas transmission and power generation (renewables and gas), public market M&A as well as multiple trade sales of assets across the energy value chain. In addition to his transactional experience, Sam has led large business units across multiple Australian states in gas distribution and power generation, with primary responsibility for commercial, operational and financial performance, customer relationships and growth.

He has successfully delivered improvement programs and change processes in customer centric culture, safety and operational excellence. He has established and managed several energy investment vehicles – bringing in co-investors, acquiring and developing assets, and providing both investment management and operational services to those vehicles. In addition, Sam has experience as fund manager of a listed infrastructure vehicle and held board positions across multiple investment vehicles.

Sam holds a Bachelor of Science and Bachelor of Laws from Sydney University, and a Master of Business Administration from Macquarie Graduate School of Management, and is a graduate from INSEAD's Advanced Management Programme.

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John Stamopoulos

Company Secretary

John was appointed Chief Financial Officer and Company Secretary of Pacific Energy in September 2020.

John is an experienced finance executive, with more than 20 years' corporate and on-site experience within both Australian and International resource operations and jurisdictions.

Prior to joining Pacific Energy, he held senior Finance, Commercial and Investor Relations roles within both large private and ASX-listed companies including Quadrant Energy (one of Australia's largest oil & gas producers), Norilsk Nickel (world's leading producer of nickel and palladium) and Mirabela Nickel (construction through to full production).

John's expertise includes successfully leading and delivering business development & strategy, corporate finance & treasury, statutory compliance & governance; investor relations, M&A and shareholder value optimisation.

He holds a Bachelor of Commerce degree from the University of Western Australia and is a qualified Chartered Accountant commencing his career with Deloitte.