SMS Staff

Senior Management

Mark Vellacott, Managing Director (BSc, MSc, MBA, FRAeS, CEng)

 

Prior to joining Structural Monitoring Systems, Mr Vellacott was the Technical Director for the Asia Pacific Space Centre project. In this role Mr Vellacott was involved in the management of relationships with various federal government ministers and their departments to secure a space license, establish agreements, establish US / Australia free trade agreement concessions, strategic investment incentives, and environmental approvals associated with the major infrastructure project implementation for the worlds first commercial spaceport (project value of $600 million). Prior to this Mr Vellacott was the Head of Engineering Technology at BAE Systems Australia, responsible for the managing the company’s internal ($3 million per annum) and external (total program value $20 million) technology acquisition programs including operation of the Technology Board.

 

During his time with BAE Systems Australia, Mr Vellacott also represented BAE Systems as Chairman of the Board and President of the Electronic Industry Association, and on a number of technology based Advisory Boards.  Prior to joining BAE Systems Australia Mr Vellacott was a Head Office Executive with British Aerospace PLC in the United Kingdom. In this position Mr Vellacott was involved in strategic investment assessment and approval, merger & acquisition activities, and manufacturing strategy development for British Aerospace.  Mr Vellacott has had a total of 21 years of experience with British Aerospace and subsequently BAE SYSTEMS in the areas of Military Aircraft and Corporate Development. 

 

Mr Vellacott was elected as a fellow of the Royal Aeronautical Society in 2001, and is a Chartered Engineer. Mr Vellacott holds a B.Sc in Aeronautical Engineering form Kingston University, an M.Sc in Systems Engineering from Surrey University, and a Masters of Business Administration from Henley Management College. 

 

Mr Vellacott will be driving the commercialisation activities in this project and will be contributing to the technical specifications in the sensor development program.

 

 

Colin McDonald, Company Secretary/Chief Financal Officer, CA

Mr McDonald is a Chartered Accountant with over 20 years experience in finance and accounting roles and holds a Bachelor of Commerce degree from University of Western Australia. Mr McDonald has gained extensive corporate experience from senior executive positions, most recently as Company Secretary and Chief Financial Officer at the ASX listed Visiomed Group Limited. In this role Mr McDonald worked on the successful merger of the Visiomed Group with a German firm and was involved in frequent capital raising activities.

 

Prior to this Mr McDonald was involved (in a Financial Controller/Company Secretary capacity) in  taking a small mining company, Mount Edon Gold Mines Ltd, from an early stage company to a large producer employing 120 personnel. Mr McDonald’s major achievements in this role include involvement in creating successful feasibility studies, successful management of risk strategies and implementation of management reporting systems.

 

Mr McDonald has worked successfully on mergers and acquisitions, debt and equity raisings, financial and management reporting and treasury management. His experience in the financial management of foreign subsidiaries will be of value to SMS to maintain the financial stability of the company. In addition Mr McDonald’s experience in managing cash flows, and involvement with planning and implementation of growth strategies of small to medium firms involved in rapid growth will be invaluable to SMS.