The Business Council of Australia has been looking for a replacement for president Grant King for some time.Credit:Illustration:John Shakespeare
The council has been riven by internal disagreements on energy policy while key members such as the Big Four banks and Telstra aren't especially engaged,according to BCA sources.
And it failed to get tax cuts for big companies through Parliament. So it's not the most attractive of positions.
But we are told they may have found someone.
Which brings us toTim Reed,BCA director andchief executive at accounting software company MYOB until Thursday.
Reed's decision to quit executive duties at MYOB frees him up to pursue other opportunities and BCA insiders say these are likely to include taking over from King.
Reed is a stronger communicator than King,whose professorial style didn't exactly connect with ... well ... anyone.
His time at MYOB also means he can truthfully say he understands small business.