Retirement looms for ACCC chairman
(6 April 2011 – Australia) After eight years as Australian Competition and Consumer Commission (ACCC) chairman, Graeme Samuel will retire at the end of July.
Mr Samuel said he still intends to remain active in public and corporate life, and that he had always wished to finish his term of office this year.
''Since the commencement of my current term of office in August 2008, it has always been my wish and intent to pursue other interests following the expiry of that term in July 2011,'' he said in an email to his staff.
It is up to the government to appoint a replacement for Mr Samuel, however there are no obvious contenders at this stage.
A long list of names has been canvassed but from what is known, Treasurer Wayne Swan is yet to start the long process to appoint a new ACCC head.
Mr Swan has not yet even commented on the departure, possibly keeping quiet due to a private business dispute Mr Samuel is embroiled in.
Processes to appoint a new chairman are long, and require the federal government to circulate names and receive approval from the majority of the states.
''Since the commencement of my current term of office in August 2008, it has always been my wish and intent to pursue other interests following the expiry of that term in July 2011,'' he said in an email to his staff.
It is up to the government to appoint a replacement for Mr Samuel, however there are no obvious contenders at this stage.
A long list of names has been canvassed but from what is known, Treasurer Wayne Swan is yet to start the long process to appoint a new ACCC head.
Mr Swan has not yet even commented on the departure, possibly keeping quiet due to a private business dispute Mr Samuel is embroiled in.
Processes to appoint a new chairman are long, and require the federal government to circulate names and receive approval from the majority of the states.
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