Australian Competition and Consumer Commission (ACCC) CEO Brian Cassidy has announced he will step down as head of the competition watchdog.
Cassidy told staff last week he would be retiring on May 23 and would be assisting his replacement, ACCC chairman Rod Sims, in the transition.
He said he would also lend his experience to the ACCC’s submission to the Root and Branch review, the government's first review of competition laws and policy for more than 20 years.
Sims said he was looking forward to taking an even more active role in managing the commission, and has put in place the changes that would help keep the ACCC and the Australian Energy Regulator as strong performing agencies into the future.
“We thank Brian for his outstanding career of public service. Indeed, the ACCC owes much of its professionalism and success to him,” Mr Sims said.