Aug 20, 2024, 6:48 AM
Aug 20, 2024, 6:48 AM

Mark McGowan Takes Fifth Job After Quitting Politics

Highlights
  • Former WA Premier takes on fifth job after leaving politics.
  • Mark McGowan gained national attention for his strict Covid policies.
  • Transition from political to professional life raises eyebrows.
Story

Former Western Australia Premier Mark McGowan has embarked on his fifth professional role just a year after resigning from politics, citing exhaustion. His latest position has already proven lucrative, with share options potentially worth nearly $500,000 following a recent 10% increase in value. McGowan, who led the state for six years, gained national recognition during the COVID-19 pandemic for his strict border policies that isolated Western Australia from the rest of the country. In May 2022, McGowan announced his departure from politics, expressing his fatigue and emotional toll from the role. Since stepping down, he has taken on multiple positions, including a senior advisory role at Bondi Partners, a strategic advisor for Mineral Resources, and a consultant for BHP. Additionally, he serves on an advisory panel for APM Human Services International. His share options, which are set to expire in December 2027, have seen a significant increase in value since his recruitment. McGowan expressed enthusiasm for his new role, particularly regarding the Waroona Project, a major renewable energy initiative located about 120 kilometers from Perth. He emphasized the project's importance in addressing energy security and meeting the growing demand for energy in Western Australia. This year has also been notable for McGowan personally, as he and his wife sold their Rockingham home for $1.6 million and purchased a new property in Fremantle for $3 million. Reflecting on his career, he acknowledged the vital support he received from his family throughout his time in office.

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