Sol Trujillo calls it a day.
Telstra CEO Sol Trujillo to step down in June
TELSTRA has announced the departure of chief executive Sol Trujillo, after the group reported a 1 per cent dip in first half profit.
Mr Trujillo will leave the telecommunications company on June 30 and return to the United States, Telstra said on Thursday.
Chairman Donald McGauchie said in a statement that Mr Trujillo and the Telstra board had agreed that now was a suitable time for a transition to a new chief executive.
The board "is well prepared with succession planning and will now formally commence a wide-ranging search for a suitable successor'', Telstra said.
An new appointment is expected by June 30.
Good bloody riddance too
Yep, it's about time! Hopefully the next CEO will know what the words "customer" and "service" mean. Trujillo certainly knew what the words "stock", "holder" and "profit" meant.
maybe now they will get some one who will work with the government and we can finally have a word class internet service.
yes, but at what price ?
Originally Posted by fandtm666
- Rep Power
Hey Sol, don't let the door hit you in the back of the head on your way out
Hot on the heels of that announcement, came the one of closeure of Telstra Customer Service Call Centres in Brisbane, Gold Coast, Perth and Bendigo.
No doubt partly to fund Sol's farewell $30M package.
Some affected staff have been directly hit by devastating fires and floods.
Nice timing Telstra... heartless bastards.
Now Telstra is head-hunting a new toe-cutter... my tip... keep your eye on Peter Costello and Jeff Kennett.
No, Telstra will troll the world to locate another greaser who has failed as CEO of Smoke Signals Inc or Jungle Drums and Co. or some similar entity and offer him a 5 year contract with a golden handshake escape clause after the second, third or fourth year depending how long it takes him to stuff up. I have to admit good ol Sol lasted two years longer than I ever thought he would.
Originally Posted by mtv
Can't imagine Costello getting the nod that would be the kiss of death to Telstra ever dealing with the Gov't again, providing of course there isn't a change of Gov't.
How will Telstra cut costs when there are no employees left? Heaven forbid they may have to sack an executive or two.
Nah ..... I been watching too much science fiction.