GESB chairman Phil Harvey will retire on 6 March after eight years in the role, announcing he will not seek re-appointment when his term concludes.
During his tenure Harvey oversaw changes to the business such as the development of a diversified investment strategy, lowering the cost of administration and the extension of member education and advice services across metropolitan and regional Western Australia, GESB stated.
"I have had the privilege of working closely with many excellent people, both on the Board and in senior management, who through their diligence and dedication have made GESB an organisation of which its members can be proud," Harvey said.
"The fees are low, the returns are good and, equally importantly, the business processes are sound and member satisfaction is high."
GESB chief executive Michele Dolin and West Australian Premier Colin Barnett thanked Harvey for his service. The Minister is expected to make an announcement about the appointment of a new chairman shortly, GESB stated.
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