REG - Telstra Corp. Ld - Chairman retirement & appointment of Chair elect
29/08/2023 08:15
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RNS Number : 5348K Telstra Corporation Ld 27 August 2023
28 August 2023
Office of the Company Secretary
Level 41
242 Exhibition Street
RNS
MELBOURNE VIC 3000
AUSTRALIA
General Enquiries 613 8647 4838
companysecretary@team.telstra.com (mailto:companysecretary@team.telstra.com)
Investor Relations
Tel: 1800 880 679
investor.relations@team.telstra.com
ELECTRONIC LODGEMENT
John Mullen to retire as Telstra Chairman and Craig Dunn to be appointed as
successor
In accordance with the Listing Rules, the attached release by Telstra Group
Limited is provided for the information of Telstra Corporation Limited
noteholders.
Authorised for release by:
Sue Laver, Company Secretary
John Mullen to retire as Telstra Chairman and Craig Dunn to be appointed as
successor
Monday, 28 August 2023 - Telstra Chairman John Mullen today announced his
intention to retire from the Telstra Board at the conclusion of this year's
Annual General Meeting, to be held on 17 October 2023. Mr Mullen will be
succeeded as chairman by current director Craig Dunn.
Mr Mullen said after 15 years on the board, the past seven as chairman, and
with a new leadership team in place, the time was right to step down.
"We have a strong leadership team in place, the company has undergone a
successful transformation through T22 and is now growing again, and our
strategy is set out to 2025," Mr Mullen said.
"I have worked closely with Craig Dunn since he joined the board seven years
ago and I am confident he is the right person to lead the board. The board
unanimously supported his appointment.
"With Craig in the chair and such an impressive executive team, Telstra will
continue to play a vital and strategic role in building Australia's digital
future. We have recently added two new directors and we have a diverse and
capable board guiding the future strategic direction of the company.
"It has been an absolute privilege to be a part of the Telstra team and all we
have delivered in my time with the company."
Mr Dunn thanked Mr Mullen for his enormous contribution to the company and the
country more broadly.
"John's time on the board saw Telstra successfully navigate through
significant upheaval, including the two negotiations with NBN Co and the
Government and the subsequent rollout of the NBN and its impact on Telstra's
business," Mr Dunn said.
"The period also saw Telstra announce and execute on its transformative T22
Strategy, continue its investment to build and maintain its world class mobile
network, rolling out 4G and 5G and expanding its coverage to be around one
million square kilometres greater than its competition.
"The company is leaner and more agile and strongly positioned to grow, with a
highly skilled workforce and world class network and infrastructure assets
that will help underpin Australia's digital economy for decades to come," Mr
Dunn said.
Craig Dunn first joined the Telstra Board in April 2016 and was re-elected at
last year's AGM. He is currently chairman of the Audit & Risk Committee
and a member of the Nomination Committee.
Craig has more than 20 years' experience in financial services in Australia
and Asia, including being Chief Executive Officer and Managing Director of AMP
from 2008 to 2013. He held various roles at AMP in a 13-year career including
Managing Director of AMP Financial Services, Managing Director for AMP Bank
and head of Corporate Strategy and M&A. From 1991 to 2000 he was at
Colonial Mutual Group, including Managing Director for EON CMB Life Insurance
in Malaysia and other senior roles in Group Strategy, M&A and Finance.
Craig was a non-executive director at Westpac from 2015 to 2021, and is
currently on the boards of MLC Life Insurance (from March 2023), Lion Pty
Limited and Lion Global Craft Beverages Pty Limited (from 2021). He is also
the chair of the ISO Blockchain Standards Committee (from 2017) and chair of
The Australian Ballet (joined 2014, chair from 2015).
Telstra media contact: Telstra investor contact:
Steve Carey, General Manager Media Nathan Burley, Head of Investor Relations
M: +61 413 988 640 M: +61 457 529 334
E: media@team.telstra.com (mailto:media@team.telstra.com) E: investor.relations@team.telstra.com
(mailto:investor.relations@team.telstra.com)
Reference number: 029/2023
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