Mr Hay is currently the non-executive Chairman of Newcrest Mining Ltd (since 2014), Australia Pacific Airports Corporation (since 2019) and Mutual Trust (since 2020). He has been a non-executive director of Cormack Foundation since 2006.
Mr Hay has a background in company law and investment banking advisory work, practising principally in mergers and acquisitions. He has also had significant involvement in advising governments and government-owned enterprises.
He was the former Chief Executive Officer of Freehills (2000-2005) and former Director of the following companies: Alumina Ltd (2002-15), ANZ Banking Group Ltd (2007-13), Australian Institute of Company Directors (2014-17), Epworth Healthcare (2004-12), GUD Holdings Ltd (from 2009-15), Lazard Pty Ltd (2007-09), Myer Holdings Ltd (2010-14), NBN Co Ltd (2009-12), Norwich Union Australia Ltd (1997-2000), Novion Ltd (2014-15), Pacifica Group Ltd (1989-2008), Portfolio Partners Ltd (1997-2000), and Vicinity Centres (2015-19).
Mr Hay was also a part-time member of the Australian Government Takeovers Panel (2009-18) and a member of the State Library of Victoria’s Foundation Council (2015-20) and has been a member of the AICD’s Corporate Governance Committee since 2011.