The will of John Villiers named the five original Trustees of the Trust. The will also provided for existing trustees to choose new trustees upon retirement or death.
The Trustees are drawn from diverse backgrounds and experience including business, community service, company directorship, academia, environment, education, law, government and as board members of various other entities; both for profit and not-for-profit companies and organisations.
The Trust has established a protocol for the Chair’s role to rotate annually among each of the Trustees.
The Trustees are supported by Trust staff and external advisers who provide professional accounting, investment and legal services. The Trust’s accounts are audited externally each year. A copy of the audited accounts is provided to the Attorney-General of Queensland, together with an Annual Report.
All six Trustees are Directors of The John Villiers Trust Limited which is the nominal owner of the assets of The R E Ross Trust.
The Trust’s Chief Executive Officer is selected by the Trustees.
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