Business restructure to drive efficiencies

Business restructure to drive efficiencies

04 Dec 2014

CEO/Corporate News

Queensland's economic regulator, the Queensland Competition Authority (QCA) today announced changes to its business and management structures implemented late last week. From 27 November 2014, the QCA will consolidate its economic regulation business under one director, Mr Charles Millsteed.

"The consolidation of the economic regulation business under one director will enable more dynamic resourcing of reviews which will, in due course, help reduce the costs of those reviews," says QCA Chief Executive Officer John Hindmarsh.

"The changes will result in fewer senior management positions including the directors of Water, Ports and Rail. Regrettably, two long-standing directors – Rick Stankiewicz and Paul Bilyk – will be leaving the QCA," Mr Hindmarsh said.

Mr Stankiewicz has been with the QCA since its inception in 1997 as the director for water. His contribution to the QCA has included development of water pricing principles for urban and rural sectors, development of criteria for the identification of government and non-government monopoly business activities and, most recently, the light handed framework for regulation of south east Queensland water retailers. 

Mr Bilyk, who joined the QCA in 2001, has made a significant contribution to third party access, in particular, overseeing access undertakings for both Aurizon Network and Queensland Rail after the privatisation of QR National in 2008 and the access undertaking for Dalrymple Bay Coal Terminal at the Port of Hay Point.

"On behalf of the board, I acknowledge the great contribution Rick and Paul have made to the QCA over many years. Their insights and leadership have been hugely important to the QCA. The Board thanks Rick and Paul for their dedicated services," said QCA Chairman Malcolm Roberts.

The restructure will be effective from 27 November 2014.

View the new organisational chart >>>