Board of Directors

Don McDonald

Don McDonald AM OBE - Chairman

Non-Executive Chairman

Mr McDonald was appointed to the ARG Board as Non-Executive Deputy Chairman and Non-Executive Director in 1997.  He is Director of MDH Pty Ltd - a family owned beef cattle operation in Cloncurry in central Queensland, and is a former Director of Australian Agricultural Company Limited, Queensland Industry Development Corporation (QIDC), Kidston Gold Mines Ltd, and the CSIRO. 

Mr McDonald also chaired the steering committee to oversee the formation of the Australian Institute of Marine Science at James Cook University and the MLA Beef Industry Funding Steering Committee.

Don is recognised nationally for his commitment to regional issues. In 1988 he was awarded an OBE for his services to the community, in 2001 Don was awarded a Centenary Medal, and then in 2006 was awarded an AM.

John Balassis

John Balassis - Managing Director

Managing Director

John is a former corporate advisor with almost 20 years’ experience in pre-merger assessment and acquisition, implementation, and post-merger integration. John has been involved in the development of a number of multi-billion dollar infrastructure projects in the UK, Spain, Asia and Australia.

John was appointed to the ARG Board in 2002 and became ARG’s Managing Director in 2011. John’s experience is invaluable as ARG continues to investigate greenfield rail corridors throughout regional Australia.

John was former founding Director of TFG International, a former senior executive of KPMG, a former Director of Matchbox Pictures Pty Ltd, and sits on the Advisory Board of EP&T Global.

Mark Lochtenberg

Mark Lochtenberg

Non-Executive Director

Mr Lochtenberg was appointed to the ARG Board in 2008.

He graduated with a Bachelor of Law (Hons) degree from Liverpool University, UK and has been actively involved in the coal industry for more than 20 years.

Mr Lochtenberg was formerly Managing Director and Executive Chairman of Cockatoo Coal Limited. He was also joint Managing Director of Glencore International AG's worldwide coal division, where he was actively involved in purchasing, managing and aggregating the coal project portfolio which became Xstrata Coal Prior to that, Mr Lochtenberg had established a coal swaps market for Bain Refco (Deutsche Bank) after having served as coal marketing manager for Peko Wallsend Limited.


Stuart F. Feiner

Non-Executive Director

Mr Feiner was appointed to the ARG Board in 2011.

He has an independent consulting business based in New York and is the consultant on mining investments for The Energy and Minerals Group.  He has had broad oversight managerial and operational experience, including legal and administrative functions, corporate governance, mergers and acquisitions, divestitures, major project development, and innovative financial transactions globally and in a rapidly changing environment.

Mr Feiner graduated with BS in Economics from University of Pennsylvania and a MBA from Columbia University as well as a JD degree from Duke University School of Law.