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Shake-up at Telstra as David Thodey departs

2015-02-22 17:59:22| Telecom - Topix.net

Outgoing Telstra chief executive David Thodey says the company is prepared for a potential exit of some senior staff in the wake of chief financial officer Andy Penn being picked as his replacement. Fairfax Media can also reveal that Telstra's head of strategic finance and former Barclays' Australia chief executive Cynthia Whelan is seen by insiders as the frontrunner to replace Mr Penn in the CFO role.

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Telstra promotes CFO Andrew Penn to CEO, Thodey retires

2015-02-20 02:41:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra has appointed Andrew Penn as its CEO, effective 1 May. Penn replaces David Thodey, who has decided to retire after almost six years as CEO. Penn currently serves as Telstra's CFO and Group Executive International. He is a former CEO of insurance company Axa Asia Pacific, and has more than 30 years' experience in Australia, New Zealand, Europe and across Asia-Pacific in chief executive, finance, strategy and other executive positions. Thodey will continue to assist with Penn's transition from 1 May until the end of the financial year (30 June) and remain "available to the business" until late August, Telstra said.

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Telstra names new CEO as Thodey steps down

2015-02-20 01:00:00| Total Telecom industry news

Finance chief Andrew Penn named as new leader of Australian incumbent.

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David Thodey steps down from Telstra

2015-02-20 00:01:09| Telecom - Topix.net

Telstra boss David Thodey is stepping down after six years in the job, to be replaced by the company's finance chief Andrew Penn. Mr Thodey, 60, has been chief executive of the telecommunications giant since 2009 and has been widely credited with turning the business around after the turbulent reign of his predecessor Sol Trujilo.

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ASX falls despite solid Telstra result

2015-02-13 06:59:10| Telecom - Topix.net

In Thursday's earnings results, the big ticket item of the day was Telstra, which led the market in early trade. Photo: Craig Sillitoe Australian shares fell for a fourth straight day on Thursday, as investors shrugged off both a solid earnings result by Telstra and rising chances of another Reserve Bank of Australia rate cut after January jobs figures disappointed.

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