Andrew Grimwade

Sir Andrew Sheppard Grimwade, CBE (born 26 November 1930) is an Australian chemical engineer, scientist, philanthropist, businessman and cattle breeder. He is best known for his service for 15 years as honorary President of the National Gallery of Victoria, and 15 years honorary Presidency of the Walter and Eliza Hall Institute of Medical Research. He was also involved in the trial known as the JetCorp fiasco.

Family background

Andrew Grimwade is the son of Frederick Sheppard Grimwade, great-grandson of Frederick Sheppard Grimwade (founder of the Grimwade family fortune in Australia), and great-great-grandson of Edward Grimwade of Grimwade & Ridley & Company, London.

As pioneers of the pharmaceutical industry in Victoria, the Grimwade family established the glass industry, the sulphuric acid and super phosphate industries, and later the industrial gases industry. Following various mergers, purchases, and spin-offs, the firms founded or co-founded by Frederick Sheppard Grimwade became Felton Grimwade & Bickford (manufacturers of Bosisto's Eucalyptus Oil), Drug Houses of Australia Ltd and Australian Consolidated Industries Ltd.

Andrew Grimwade's father, Frederick Sheppard Grimwade, died when Andrew was 19. Andrew Grimwade's brother, the Honourable Frederick Sheppard Grimwade, served for many years as President of the Legislative Council of Victoria.

Business career

Grimwade was trained as a chemical engineer (University of Melbourne) and as a scientist (Oxford University). His early business career was in Sydney where he was appointed to the board of Commonwealth Industrial Gases. Aged in his mid-thirties, he was the youngest director of the National Australia Bank, Chief Executive of CARBA and a director of the National Mutual Life Association. He also ran a small merchant banking company that underwrote the flotation of public companies. Since 1959, Grimwade has been Principal of the Green Valley Cattle Company, and in 1996 helped form Certified Australian Angus Beef Ltd, of which he became Deputy chairman and was involved in building it into Australia's leading branded beef program.

Philanthropist

In 1968, Grimwade donated 26 km² (2630 hectares) of coastal land with a 27-kilometre ocean frontage on the Coorong in South Australia to the State Government for the new Coorong National Park. This represents about 5.6% of the park's total area, but over 15% of the coastline.

Grimwade has been involved as a patron and executive with many charitable organisations, including:

Public Service

Grimwade's public service includes:

Jetcorp Trial

In the 1980s, Grimwade was an underwriter of an aviation entity that was floated as Jetcorp Australia Unit Trust. Although he was not involved in the prospectus or management of Jetcorp, in 1992 he was charged with fraud and conspiracy for his involvement in a false prospectus when Jetcorp collapsed.

At his committal it was ruled that he had no case to answer; however, the prosecution exercised its right to a trial, which then became the longest running criminal trial in Victoria's history. After a first jury had sat for seven months, Grimwade's wife died and he was granted a new trial. The second jury sat for over nine months, during which time the judge and some jurors were absent at various times for medical reasons.

The first nine months of the second trial was largely taken up with the prosecution reading a transcript of the previous trial. The trial resulted in a suspended conviction, which was subsequently quashed on appeal; the appellate judge ruling that the case had become so convoluted that it had become impossible for the jury to render a proper verdict.

Publications

Grimwade, Andrew, Involvement: The Portraits of Clifton Pugh & Mark Strizic (Melbourne, Sun Books, 1968) ISBN B0000CPM7D

Grimwade, Andrew, Great Philanthropists on Trial (Melbourne: Miegunyah Press, 2006) ISBN 978-0-522-85263-9

Grimwade, Andrew, Storied Windows – Casting Light on the Arts, Science & Life in Australia 1959–2011: An Anthology of Speeches, Poems and Reflections (Melbourne: Miegunyah Press, 2012) ISBN 9780522861471.

References

  1. ↑ Vedelago, Chris (11 May 2013). "Court bid to break the will of Felton Bequest".

Notes

  1. ^ Taft, Mark and Parsons, David. Going off the rails, Law Institute of Victoria Law Institute Journal, 68 No 9, September 1994, pages 863–865 (case: R. v. Jon Dean Wilson and Andrew Sheppard Grimwade)
  2. ^ Rozenes, M. The new procedures for the prosecution of complex fraud – will they work? (speech), 28th Australian Legal Convention, September 1993, documented at Commonwealth Director of Public Prosecutions site
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