Sydney Airport Corporation
Sydney Airport Corporation Limited is a private company that operates and manages Sydney Airport in Sydney, New South Wales, Australia.
Southern Cross Airports Corporation Holdings Limited is the ultimate parent company of SACL, which is controlled by a number of entities including Sydney Airport Holdings.Corporate background
In 2002, the Australian Government entered into an arrangement for SACL to lease and operate the airport for a period of ninety-nine years. Whilst the airport is privately controlled under this agreement, the Australian Government still retains responsibility for other airport-related services through agencies such as Airservices Australia, the Australian Customs Service, the Australian Quarantine and Inspection Service, the Australian Federal Police and the Department of Infrastructure and Transport.Management
The company's inaugural CEO was Max Moore-Wilton, serving from 2002 until April 2006; when Moore-Wilton resigned as CEO to become Chairman of Sydney Airport Holdings. He was succeeded as CEO by former Australian Broadcasting Corporation managing director, Russell Balding. In 2011, Kerrie Mather, a senior executive with MApa trust spun out of the Macquarie Group, succeeded Balding as CEO.