Telstra CMO out as telco announces group executive shake-up
ASX-listed telco announces executive restructure that sees as new product and technology division created, several senior executives depart, and a transformation office created
Pollard is one of four senior executives exiting Telstra in the coming month. Also on the list is CFO, Warwick Bray; chief technology office and corporate strategy group leaders, Stephen Elop; and group executive of Telstra Wholesale, Will Irving.
The news came as Telstra CEO, Andy Penn, announced a new organisational structure and leadership team, effective from 1 October. It follows the release of the Telstra 2022 strategy in June, and is being positioned as a necessary executive change in order to fulfil those promises.
The strategic overhaul will see up to 8000 employees cut from Telstra nationally, as well as customer plan pricing slashed and a new infrastructure business unit created. According to Penn, the aim is to simplify structure and cut costs while improving customer experience.
The new group executive structure includes the appointment of a new product and technology leader to drive a more integrated product and technology roadmap. The company said it had made an external appointment and would announce the individual shortly.
In addition, Telstra is bringing in former SBS managing director, Michael Ebeid, to run its enterprise team, and former EVP and group CTO, Nikos Katinakis, to lead networking and IT to oversee network developments and optimisation. There’s also a new CEO for Telstra InfraCo, to drive growth in the wholesale space, and a new global business services chief, David Burns, who previously sat within the enterprise team.
On top of this, Telstra has created a transformation delivery office to spearhead its T22 strategy, and appointed Alex Badenoch to group executive of transformation and people, to oversee this team.
“Last month I announced the T22 strategy to the market and today I am making further announcements on Telstra’s structure and leadership to ensure we deliver rapidly and effectively on all of the commitments we made to our customers, the market and our team,” he said.
“Ultimately, the simplified and streamlined structure will remove duplication, hierarchy and silos across the organisation. It will help us improve the service that we provide to our customers, the efficiency of the business and our competitiveness, as well as increase our productivity and reduce costs.”
Specifically, Penn noted the creation of an end-to-end products and technology division as key to both increasing technical capabilities around product development and management, and driving innovation in networks through emerging technologies such as 5G and the Internet of Things.
“At the heart of these changes is the simplification of our products and services built on new technology. By mid-next year, we will have fully rolled out our market-leading products and services,” he said.
In the third and final episode of our 3-part CMO50 video series exploring modern marketing and why it’s become a matter of trust, we’re delighted to be joined by Telstra’s former CMO and now digital services and sales executive, Jeremy Nicholas, and Adobe VP Marketing Asia-Pacific and Japan, Duncan Egan.
Flash back to the classic film, Willy Wonka and the Chocolate Factory. Television-obsessed Mike insists on becoming the first person to be ‘sent by Wonkavision’, dematerialising on one end, pixel by pixel, and materialising in another space. His cinematic dreams are realised thanks to rash decisions as he is shrunken down to fit the digital universe, followed by a trip to the taffy puller to return to normal size.
Why is it there is no shortage of leadership development materials, yet outstanding leadership is so rare? Despite having access to so many leadership principles, tools, systems and processes, why is it so hard to develop and improve as a leader?
As a nation united by sport, brands are beginning to learn money alone won’t talk without aligned values and action. If recent events with major leagues and their players have shown us anything, it’s the next generation of athletes are standing by what they believe in – and they won’t let their values be superseded by money.
Enterprisetalk
Mark
CMO's top 10 martech stories for the week - 9 June
Great e-commerce article!
Vadim Frost
CMO’s State of CX Leadership 2022 report finds the CX striving to align to business outcomes
Are you searching something related to Lottery and Lottery App then Agnito Technologies can be a help for you Agnito comes out as a true ...
jackson13
The Lottery Office CEO details journey into next-gen cross-channel campaign orchestration
Thorough testing and quality assurance are required for a bug-free Lottery Platform. I'm looking forward to dependability.
Ella Hall
The Lottery Office CEO details journey into next-gen cross-channel campaign orchestration
Great Sharing thoughts.It is really helps to define marketing strategies. After all good digital marketing plan leads to brand awareness...
Paul F
Driving digital marketing effectiveness