Appointed to the Malaghan Institute Trust Board 2015. Dr McCarthy was Chief Executive of the Royal Society of New Zealand (2007-2014), and has over 20 years experience in various management and governance roles in the tertiary education, science and health sectors. She currently sits on the Council of the University of Auckland and the Advisory Board of its Centre for Brain Research. She is a Director of Powerhouse Ventures Ltd, the Cawthron Institute, and a member of the governance groups of the Dodd-Walls Centre for Photonic and Quantum Technologies, and two National Science Challenges, Ageing Well and Healthier Lives. She is a Trustee of the Deafness Research Foundation (NZ). She was made an Officer of the New Zealand Order of Merit in 2008 for services to education, and a Companion of the Royal Society of New Zealand in 2015 for services to science.