Another senior exec departing Telstra

Peter Dinham
Monday, 28 September 2009 09:59

IT Industry - Strategy

The management shakeout at Telstra continues with the company’s consumer group managing director, David Moffat, resigning today and will leave the company in six months, or until a suitable successor is appointed to the job.

Telstra CEO, David Thodey, said today David Moffatt had tendered his resignation after almost a decade with the company, during which time he had successfully played a major role at Telstra in building a “world-leading, fully integrated, consumer retail business.”

Thodey said that David Moffatt had championed "the development of Telstra’s people, driven our customer-centric business model based on market based management and was the major force behind the creation of our dynamic, consumer retail experience T[life].”

"With the mass market transformation and the customer migration in particular, nearing completion, now is the right time for a new generation of leaders to be given the opportunity to take the business into its next phase of growth.” 

Thodey thanked Moffatt for the leadership he had displayed with Telstra and the Australian telecommunications sector more generally, and said he would like to “personally thank David for his contribution and unwavering commitment to Telstra and I look forward to working with him as we manage this transition.”

Moffatt joined Telstra as CFO and group managing director, finance and administration in 2001 and has been in the role of group managing director, consumer since 2003. He has also been a Foxtel board member since 2001 and has held Telstra ambassador roles for The Australian Ballet, Swimming Australia, Athletics Australia, the Telstra Business Women of the Year Awards, the 2006 Commonwealth Games and the Australian Olympic Committee.

David Moffatt said today he was enormously proud of the contribution he had the opportunity to make for Telstra customers, shareholders and a generation of leaders.

“The past nine years has marked an extraordinary technological revolution for our customers. At Telstra that means Next G; BigPond content and services; Foxtel Digital, IQ and HD and T[life], the only large scale ‘live’ customer experience technology retail environment in Australia.

“It has been an amazing time to be an executive of Australia’s leading telecommunications company, a world-leading one at that. Telstra Consumer has led the industry in innovation and reinvestment in the mobile, fixed, broadband and pay TV areas.”

Moffatt said he remained committed to Telstra’s success, and “as a customer and shareholder, now and likely long into the future, I wish Telstra and its people every success.”