Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Telecom New Zealand has named Dr Paul Reynolds , currently CEO of BT Wholesale, as its new CEO to replace Theresa Gattung who announced plans to resign on 30 June several months ago.
Reynolds joined BT in 1983 after completing a doctorate in geology at the University of London. Since then he has held senior leadership roles in sales and marketing, strategy, information systems, broadband, and most recently in guiding BT's wholesale business through the complex process of operational separation. This experience attracted Telecom NZ, which itself is facing a similar government-imposed structural separation.
Telecom chairman Wayne Boyd, claimed that "Globally there are few leaders in the telecommunications industry with Paul's combination of skills, knowledge and experience. Paul has led programmes of significant change at one of the world's largest telecommunications companies, in a regulatory environment that has parallels to New Zealand's."
Reynolds has been appointed for an indefinite period on a base salary of $NZ1.75 million per annum, plus an annual performance incentive with a target value of $NZ1.75 million, to be delivered 60 percent in cash and 40 percent in restricted shares (subject to shareholder approval). He will also be eligible for a long-term incentive of up to $NZ1.75 million by way of performance share rights with a zero-exercise price, subject to the approval of shareholders.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
