After 10 years as Chief Executive Officer of ActewAGL Michael Costello AO has advised the ActewAGL Board of his decision to retire.
The board have asked Mr Costello to stay on as Chief Executive Officer until the end of the year whilst an extensive national search is underway to find a replacement, which Mr Costello has agreed to.
ActewAGL Chairman Paul Adams said, “Mr Costello has spent 10 years at the helm, having been appointed to the role of ActewAGL CEO on 1 July 2008. On behalf of the Board and shareholders, I sincerely thank Michael for his immense contribution to the customers and community that we serve.”
Mr Costello said as Chief Executive Officer, it has been a fantastic honour working for this great organisation. ActewAGL and Evoenergy has enormous innate strengths thanks to the hard working women and men who work for the business.