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TELSTRA MAKES NO COMMENT ABOUT CEO RESIGNATION RUMORS.
SYDNEY, Dec 1 Asia Pulse - Telstra Corp Ltd (ASX:TLS) today refused to comment on speculation that chief executive Ziggy Switkowski was set to step down.
"Telstra doesn't comment on speculation," Telstra spokesman Michael Grealy said.
The Australian Financial Review reported that the Telstra board was set to consider Dr Switkowski's future at a board meeting today.
Rumours of Dr Switkowksi's impending departure have swept the market over the past week, helping to send Telstra shares to the highest level since their full year results were announced in August.
Possible replacements for Dr Switkowski include Telstra group managers David Moffatt, David Thodey or Bruce Akhurst.
Dr Switkowski's future has been under a cloud for most of this year, after a boardroom furore and lagging revenue growth for Australia's biggest telco.
Dr Switkowski lost one of his most ardent supporters when former chairman Bob Mansfield quit in April after a boardroom split over failed plans to buy newspaper group John Fairfax Holdings.
- TELSTRA SAYS IT MAY HAVE TO WRITE DOWN VALUE OF ASIAN JVS.
- News wire article from: AsiaPulse News July 13, 2001 700+ words
...are likely to impact Telstra's accounts," Dr Switkowski said. However the...2001 reported result, Dr Switkowski added. Telstra also today confirmed...last six months." Dr Switkowski noted that Telstra being a political issue...
- AUSTRALIA'S TELSTRA COULD LOOK OVERSEAS FOR NEW CEO.
- News wire article from: AsiaPulse News December 1, 2004 700+ words
...to sell its 51.8 per cent stake in Telstra. Telstra chairman Don McGauchie said Dr Switkowski's replacement would need to stay for...languished under the $5 mark. Under Dr Switkowski, Telstra lost more than $A1 billion ($US770...
- ANALYSIS - ZIGGY SWITKOWSKI STEPS DOWN AT TELSTRA.
- News wire article from: AsiaPulse News June 30, 2005 700+ words
...takes the helm at Telstra tomorrow. Dr Switkowski, a 56-year...he said. The Telstra board last December asked Dr Switkowski to step aside...of the company. Dr Switkowski had spent just 18 months at Telstra as group managing...
- TELSTRA'S CEO TO STEP DOWN BY JULY 2005.
- News wire article from: AsiaPulse News December 1, 2004 700+ words
...8 per cent stake in Telstra. Dr Switkowski will leave at least two...1. In a statement, Dr Switkowski said Telstra was performing well and...shape to his successor. Dr Switkowski took over as Telstra CEO in February 1999...
- TELSTRA CHIEF EXEC SIGNALS FURTHER INVESTMENT IN ASIA.
- News wire article from: AsiaPulse News July 26, 2001 700+ words
...of the value of Telstra coming from the...joint ventures, Dr Switkowski said sizeable...still needed. Telstra's key Asian...today. However Dr Switkowski said Asia remained...for growth for Telstra. "In terms of...
- CEO SAYS TELSTRA'S FULL YR REVENUE WILL BE LOWER IN 2001/02.
- News wire article from: AsiaPulse News July 8, 2002 700+ words
...newer start-ups." Dr Switkowski also warned that earnings for Telstra's Reach Ltd business...original expectations." Dr Switkowski said Telstra was continuing to...in our pockets." Dr Switkowski said Telstra continued to cooperate...
- TELSTRA MAINTAINS 2003/04 OUTLOOK.
- News wire article from: AsiaPulse News November 14, 2003 700+ words
...outlook," Dr Switkowski said. In October, Telstra reported sales...Asia. While Dr Switkowski acknowledged...on which Telstra's 50 per...have contacted Telstra for support...successes," Dr Switkowski said. "In...
- TELSTRA SHOWING CONTINUED SOLID PROFIT GROWTH: CEO.
- News wire article from: AsiaPulse News November 17, 2000 700+ words
...past financial year, Dr Switkowski noted, Telstra's sales revenues...ADSL and satellite. Dr Switkowski said that Telstra could increasingly...the new services but Telstra had remained reluctant. Dr Switkowski said today the negotiations...