Managing Director will not renew contract

Michael Malouf is leaving Barwon Water after nearly five years as Managing Director.

Mr Malouf has advised Barwon Water's Board he does not intend to renew his contract.

In a joint statement with Chairman Dr Michael King today, Mr Malouf said after more than 20 years as a Chief Executive, he wanted to devote more time to his family.

Mr Malouf joined Barwon Water in September 2007, after executive roles with Pratt Holdings. Previously, he was Chief Executive of the Carlton Football Club, Melbourne City Council, City of Greater Geelong, City of Melton and City of Wyndham.

Dr King said the Board accepted Mr Malouf's decision and acknowledged his contribution, particularly in the crucial areas of water supply, recycled water and cultural change.

Mr Malouf is expected to leave Barwon Water on Friday 30 March 2012.

Barwon Water's Board will begin seeking a replacement as soon as possible.

The Board has appointed Joe Adamski, General Manager Strategy and Technology, as acting Managing Director.

  Media release: MD not to renew contract

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