Telstra’s Chief Financial Officer, Andrew Penn, has been selected by the Board to be Telstra’s next Chief Executive Officer (CEO) effective 1 May 2015, replacing David Thodey who is retiring. Penn, a former Group CEO of AXA Asia Pacific, has more than 30 years’ experience in Australia, New Zealand, Europe and Asia-Pacific in roles including chief executive, finance, strategy and other executive positions. Andrew is a fellow of the Chartered Association of Certified Accountants, has a Masters of Business Administration from Kingston University, London and is a Graduate of Harvard Business School’s Advanced Management Program.
He joined Telstra in March 2012 as the Chief Financial Officer. Andrew held a variety of positions at AXA, including Group Chief Executive (2006-2011), Chief Executive Officer for Australia and New Zealand, Group Chief Financial Officer, Chief Executive for Asia and has been based in Australia, Hong Kong, Thailand and Indonesia.
David Thodey, New CEO, Telstra
Telstra plays a critical role to provide leading technology solutions and service to our customers in the consumer, business and broader social environment. The Telstra Board and leadership team has developed compelling plans to 2020, and beyond, which will expand our capability as an increasingly global connectivity company and position us for future growth.
Catherine Livingstone, Telstra Chairman
Andy is a seasoned executive in global markets with proven capability to lead organisations through significant transitions and major expansion. He has played a key role in developing Telstra’s long-term growth strategy and we are delighted he will continue to lead Telstra’s plans to increase customer advocacy, core business value and capitalise on new growth opportunities.
