Edward McDonald Psaltis is an Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

n ocean

Ocean

An ocean is a major body of saline water, and a principal component of the hydrosphere. Approximately 71% of the Earth's surface is covered by ocean, a continuous body of water that is customarily divided into several principal oceans and smaller seas.More than half of this area is over 3,000...

 racing skipper and yachtsman.

Early years

Edward McDonald Psaltis was a junior sailor

Sailor

A sailor, mariner, or seaman is a person who navigates water-borne vessels or assists in their operation, maintenance, or service. The term can apply to professional mariners, military personnel, and recreational sailors as well as a plethora of other uses...

 with the Hunters Hill Sailing Club and sailed in his first Sydney to Hobart as a 17-year old. He was educated at Newington College

Newington College

Newington College is an independent, Uniting Church, day and boarding school for boys, located in Stanmore, an inner-western suburb of Sydney, New South Wales, Australia....

 (1973-1978) and the University of New South Wales

University of New South Wales

The University of New South Wales , is a research-focused university based in Kensington, a suburb in Sydney, New South Wales, Australia...

.

Career

Psaltis won first place overall, aboard AFR Midnight Rambler, in the storm ravaged 1998 Sydney to Hobart Yacht Race

Sydney to Hobart Yacht Race

The Sydney to Hobart Yacht Race is hosted by the Cruising Yacht Club of Australia, starting in Sydney, Australia on Boxing Day and finishing in Hobart. The race distance is approximately...

.

As a sailor, he has represented Australia in the Sardinia Cup

Costa Smeralda

The Costa Smeralda is a coastal area and tourist destination in northern Sardinia, 55 km long and covering more than 30 km². With white sand beaches, a golf club, private jet and helicopter service, and hotels costing up to US$2,000 - 3,000 per night in the peak season, the area has...

 and the Southern Cross Cup. Psaltis has twice been the overall winner of the Sydney-Mooloolaba Race http://mooloolaba.cyca.com.au/editorial.asp?key=1031 in the 30-footer, Nuzulu. http://mooloolaba.cyca.com.au/editorial.asp?key=1253

In 1999 he won the Gosford to Lord Howe Island Race with AFR Midnight Rambler, only the second yacht

Yacht

A yacht is a recreational boat or ship. The term originated from the Dutch Jacht meaning "hunt". It was originally defined as a light fast sailing vessel used by the Dutch navy to pursue pirates and other transgressors around and into the shallow waters of the Low Countries...

 to win both the Hobart and Lord Howe Island races (Australia's only annual Category 1 ocean races). He now has three children.

In 2000 he was voted NSW Yachtsman of the Year. In professional life, Psaltis is a partner and Head of Ernst & Young

Ernst & Young

Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....

Australia's Real Estate Audit and Transaction Advisory practice.