Signal 663

DAVID THODEY DEPARTS FROM TELSTRA
David Thodey has announced his departure from Telstra. He will be replaced by Andrew Penn, the company’s current Chief Financial Officer.

Thodey replaced Sol Trujillo as Chief Executive Officer in 2009 at a time when Telstra’s stocks were close to an all-time low – both in terms of its actual share price and in terms of the company’s dealings with government, with its customers and with its workforce.

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