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Mr Macdonald was appointed as a member of the Board in July 2008 and was appointed Chair in February 2015. He has considerable public and private company experience. He was elected to the Australian Senate in 1993 and served multiple terms before retiring in 2008. His Parliamentary service includes eight years as Chair of the Senate Foreign Affairs, Defence and Trade Committee, and periods as Deputy Leader of the National Party in the Senate, Parliamentary Secretary for Defence and Parliamentary Secretary for Trade. He was made a Member of the Order of Australia (AM) in 2021 for significant service to the people and Parliament of Australia and to public administration. He is a wool and beef producer near Quirindi (NSW).