Australian incumbent telco Telstra has announced plans to promote its CFO Andrew Penn to CEO on 1 May.
He will replace David Thodey who announced his retirement today after almost six years at the helm.
A former CEO of insurance giant AXA Asia Pacific,…
Australian incumbent telco Telstra has announced plans to promote its CFO Andrew Penn to CEO on 1 May.
He will replace David Thodey who announced his retirement today after almost six years at the helm.
A former CEO of insurance giant AXA Asia Pacific, Penn has more than 30 years of experience in roles including finance, strategy and other executive positions across Asia and Europe.
Telstra chairman Catherine Livingstone said: “Andy is a seasoned executive in global markets with proven capability to lead organisations through significant transitions and major expansion.
“He has played a key role in developing Telstra’s long-term growth strategy and we are delighted he will continue to lead Telstra’s plans to increase customer advocacy, core business value and capitalise on new growth opportunities.”
