CEOs in search of new defender

Recently retired CEOs can pack away the golf clubs. Graham Bradley's two-year term as president of the Business Council of Australia is set to expire shortly, leaving his post up for grabs.

A spokesperson from the BCA confirmed with The Power Index this morning that no individual has as yet been elected to replace Bradley, and that it was normal practice for the selection to occur at the BCA's annual general meeting – which takes place in November.

The spokesperson added that the position was typically the domain of "recently retired CEOs" and that we'd be "plucking names out of the air" if we attempted to speculate on who might be up for election.

The position's not for the faint-hearted: representing the CEOs of 100 of the country's leading corporations, the association regularly finds itself on the unpopular side of difficult debates.

But The Power Index thinks there's no shortage of highly qualified candidates up for the top job, and can think of at least one soon-to-be retired banking CEO who'll be in need of a new challenge later this year.