LONDON, UK: Vicki Brady would be the brand new Chief Executive Officer of Telstra changing Andrew Penn who has today introduced his intention to retire after serving greater than seven years within the role.
Vicki who’s currently Telstra’s Chief Financial Officer will formally take over as CEO on 1 September 2022 and can work with Andy over the approaching months to make sure a smooth transition.
Telstra Chairman, John Mullen said Andy who joined Telstra as CFO in 2012 and had been CEO since May 2015, would leave a positive and enduring legacy for the transformation he has led throughout his time as CEO.
“Andy has led Telstra throughout a interval of significant change and can be known for his braveness in setting a daring ambition through the T22 technique to ship a transformed expertise for customers, shareholders and employees. There is no doubt the technique has delivered past expectations and has laid the foundations for Telstra’s recently introduced T25 technique and a renewed focus on growth and innovation,” Mr Mullen said.
“During his time as CEO, Andy has pushed a spotlight on digitisation underpinned by a dedication to simplifying our merchandise and services for our customers and employees. He has additionally maintained our management in networks, together with recently through our funding to lead on 5G.
“Delivery of the T22 technique has seen Telstra return to underlying growth, obtain significant buyer expertise improvements, reduce prices by over $2.5b and attain excessive performing worker engagement ranges with over 17,000 people now working in agile groups throughout Telstra.
“In recent years, not solely has Andy ensured the profitable supply of our T22 commitments he has provided management at what has truly been an extraordinary time as we have navigated each as an organization and a nation through the challenges of the pandemic.
“While in his role Andy made important contributions to Australian society together with through his role as a Male Champion of Change advocating for diversity within the workplace, as Chair of the Australian Governments Industry Advisory Committee on Cyber Security and within the Arts the place he received the 2020 Creative Partnerships Australia’s Business Leadership Award for his distinctive contribution to Australia’s cultural life.”
Mr Mullen said throughout his time as CEO, Andy had additionally developed a strong team to make sure the ongoing profitable management of the company.
“The greatest testomony to that is the ability to announce an internal successor to the role of CEO and I am thrilled to have the ability to announce Vicki within the role today,” said Mr Mullen.
“Having began her profession with KPMG, Vicki subsequently labored in a vary of finance, commercial and technique roles earlier than moving into broader enterprise management positions. She has made a significant contribution to Telstra together with her work in developing our new go to market plans as a half of the T22 strategy. She has performed a key management role within the event of Telstra’s T25 technique and is well positioned to lead the corporate through its subsequent phase. She couldn’t be extra certified to take over the reins to ship on our T25 commitments.”
Vicki joined Telstra in 2016 and has held the role of Group Executive, Consumer and Small Business along with her present role of CFO and Group Executive accountable for Strategy, which she was appointed to on 1 July 2019. She is an skilled executive leader, who has constructed a strong and deep understanding of telecommunications and technology on top of her monetary expertise. She has a Bachelor of Commerce from the Australia National University, a Masters from Stanford University Graduate School of Business, is a member of the Institute of Chartered Accountants ANZ and is a Graduate of the Australian Institute of Company Directors.
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