Telstra CEO Sol Trujillo to leave June 30

Company transformation a big win for outgoing CEO.

Sol Trujillo

Sol Trujillo

Telstra announced today the company's much-publicised CEO Sol Trujillo will leave the company on June 30, 2009 and return to the US.

Chairman Donald McGauchie said Trujillo and the Telstra board agreed that now was a suitable time for a transition to a new CEO given the company's transformation is “well advanced and on track”.

Telstra will now commence a search for a replacement with a new CEO expected to start on or around June 30.

McGauchie congratulated Trujillo on his achievements during his four-year tender.

"Under Sol's leadership, Telstra has significantly outperformed the market and its global peers, producing world-leading results within the telecommunications sector,” he said, adding the Next G mobile network is Trujillo's “crowning achievement”.

Trujillo said he would continue to drive the business until his departure and work with the board to prepare a smooth transition.

“The results we have achieved together over the past four years make me incredibly proud," Trujillo said.

"Telstra is outperforming domestic and global peers in virtually every category. We are well positioned to hit the key transformation targets we set in November 2005 and I have every confidence that Telstra will continue to deliver world-leading results for shareholders."

McGauchie said Trujillo's most significant achievements include the integrated Next G and Next IP networks; playing a “critical” role in the completion of Telstra's privatisation; driving innovation across the company; migration of seven million customers to Telstra's new IT platforms; the rollout of ADSL2+ to exchanges covering 82 per cent of the population; the launch and rollout of the T[life] stores; and expansion into mainland China by way of new acquisitions.

"We look forward to Sol continuing to drive the business between now and June 30 and I have no doubt that his leadership of Telstra over the past four years will long be considered a pivotal and critical period in Telstra's history," McGauchie said.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags trujilloCEOsTelstra

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Rodney Gedda

Techworld Australia
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?