By Aimee Chanthadavong

The Australian Competition and Consumer Commission (ACCC) has confirmed that chairman Graeme Samuel will be retiring from his position.

ACCC spokesperson Brent Rebecca told RetailBiz that an internal email went out to staff announcing his intention to step down but no further comments would be made.

‘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,’ Samuel said in the internal email that was published on The Australian website.

‘‘While I have no present plans for my professional career after my retirement from the ACCC, I intend to remain active in public and corporate life.’’