TELSTRA chief executive Sol Trujillo will leave the company in June and return to the US.
Telstra chairman Donald McGauchie revealed this morning, ahead of an analyst briefing about the telco's first-half earnings, that Mr Trujillo would leave Telstra at the end of June., the Herald Sun reports.
Mr McGauchie said Mr Trujillo had discussed his intentions with the board yesterday.
He said Mr Trujillo and the board agreed that now was a suitable time "for a transition to a new CEO'' because Telstra's transformation is "well advanced and on track''.
The board expects to make an appointment by June 30.
Mr McGauchie said Mr Trujillo's successor would need to be someone who understood technology, the media and advertising businesses and Telstra's history.
"Whoever does this job has got to be an outstanding leader,'' he said.
"We really want someone who can see around corners and deliver''.
He said the search for a replacement would be conducted internally, externally and internationally and Mr Trujillo's successor needed to outline the telco's next five-year plan.
When Mr Trujillo joined the telco in July 2005 he unveiled a radical five-year transformation plan that included the launch of a wireless mobile broadband network called NextG.
Full report at the Herald Sun
