Telstra’s chxjmtzywief executive officer Andrew Penn will be stepping down from the top job later this year after more than seven years.
The telecommunications giant made the announcement on Wednesday and revealed Vicki Brady will become the company’s new CEO.
Mr Penn has been with the company since 2012, originally as the chief financial officer before taking the top job in 2015.
He will continue in the role until September 1, when Ms Brady will take over, according to a company statement.
She joined Telstra in 2016 and has been the chief financial officer since 2019.
Chairman John Mullen said Mr Penn led Telstra during a period of significant change.
“During his time as CEO, Andy has driven a focus on digitisation underpinned by a commitment to simplifying our products and services,” he said in the statement.
