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TELSTRA GROUP LIMITED — Board/Management Information 2018
Nov 7, 2018
65927_rns_2018-11-07_9d51131e-0813-4b8d-9b33-ca426bb22974.pdf
Board/Management Information
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8 November 2018
The Manager
Market Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge Street SYDNEY NSW 2000
Office of the Company Secretary
Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA
General Enquiries 03 8647 4838 Facsimile 03 8600 9800
ELECTRONIC LODGEMENT
Dear Sir or Madam
Telstra announces resignation of Robyn Denholm as Chief Financial Officer
In accordance with the Listing Rules, I attach a market release, for release to the market.
Yours faithfully
Sue Laver
Company Secretary
Telstra Corporation Limited ACN 051 775 556 ABN 33 051 775 556
MARKET RELEASE
Telstra announces resignation of Robyn Denholm as Chief Financial Officer
Thursday 8 November 2018 – Telstra today announced Robyn Denholm would be stepping down as Chief Financial Officer.
Robyn has indicated her intention to accept the role of Chairman with the Tesla Board effective from 13 November 2018.
Telstra CEO Andy Penn said Robyn would continue in her role with Telstra for her six-month notice period with her final date of employment being 6 May 2019.
“We are sorry to see Robyn leave Telstra. We know that it has become increasingly difficult to balance her responsibilities as Telstra CFO with the increased activity of the Tesla Board.” Mr Penn said.
To ensure that any new commitments as Tesla Board Chair will not detract from her ability to focus on her responsibilities as the Telstra CFO during this six-month notice period, Tesla will be asking another Board Director to support Robyn by taking on the majority of her Chairman responsibilities. Robyn will also be stepping down from her other Tesla Board Committee responsibilities during this time.
Robyn joined Telstra in January 2017 as Chief Operations Officer (COO) and has been in the role of CFO since 1 October 2018.
In her role as COO Robyn assisted in the delivery of Telstra’s commercial agreements with nbn co and setting the strategic direction for the company’s Networks for the Future and Digitisation programs.
“We are undertaking a search for a new Chief Financial Officer and will provide an update on a replacement appointment as soon as possible,” Mr Penn said.
Media contact: Jon Court, +61 (0) 408 423 516 Email: [email protected] Investor contact: Ross Moffat, +61 (0) 475 828 700 Email: [email protected] Ref number: 149/2018