The Queensland Competition Authority is beginning a new phase as the State’s economic regulator with the announcement by Chief Executive Officer (CEO) John Hindmarsh that he will be stepping down at the end of August.
Mr Hindmarsh will be replaced by the QCA’s Director of Economic Regulation Charles Millsteed.
QCA Chair Professor Roy Green said the Authority was a stronger, more resilient organisation as a result of the work of Mr Hindmarsh over the past two years.
“The QCA has been undergoing a period of transition ably led by Mr Hindmarsh,” Professor Green said.
“Following the creation of the Queensland Productivity Commission, the QCA has reviewed its resourcing needs. This review included the structure and size of the senior management team.
“As an organisation we pursue efficient outcomes. It would be remiss of us not to pursue efficiencies within our own organisation.
“The record of Mr Hindmarsh in leading the QCA through this period has been exemplary, and we wish him well for the next steps in his career.”
“We now look forward to Mr Millsteed providing continuity in direction and building further on these achievements with the QCA’s high performing staff.”