Port Jackson Partners Limited was founded in July 1991 by Terrey Arcus and Fred Hilmer to counsel the CEOs of select corporations. Adopting a long-term perspective, they work with the CEO, Board and top management team to help set leadership priorities and programs based on a thorough understanding of the business's economics, the organisation's strengths and weaknesses and the industry structure. Using a small experienced team to counsel the CEO, they are able to complement the client's management team and lead change at a digestible pace.

Prior to establishing Port Jackson Partners, Terrey was a Director of McKinsey & Company, where he gained extensive international management consulting experience. He joined the firm in 1973 and spent most of the first five years consulting in the United States and Europe. He directed a number of major client relationships in Australia through 1983 and then established the resident McKinsey practices in East-Asia outside Japan during the rest of the 1980s.

For 30 years, Terrey has led fundamental review of strategy and organisation for a wide range of leading corporations. During the last decade his relationships span financial institutions (eg investment banking, funds management) service industries (eg leading real estate, law and accounting firms), industrials (eg steel, building materials) and mining.

Terrey has been a director of major public and private companies, but currently limits his corporate directorships to avoid conflicts of interest with his consulting practice. Terrey has an active pro-bono practice consulting to education, arts and medical institutions and has been awarded an Order of Australia for his contributions.

Before joining McKinsey, Terrey was a production and design engineer with a manufacturer of electrical power and control equipment in Australia and, in addition, participated in the development of a computer-controlled medical centre.

Terrey holds a first class honours degree in Electrical Engineering and a Science degree from the University of Sydney, as well as a Masters degree in Business Administration from Harvard Graduate School of Business Administration where he graduated with distinction.