Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Telstra shoulder taps new CFO

Andrew Penn replaces retiring chief financial officer, John Stanhope

Telecommunications service provider, Telstra, has hired a new chief financial officer, Andrew Penn, to take over from the retiring John Stanhope on 1 March, 2012.

Penn was previously group chief executive of AXA Asia Pacific from 2006 to 2011. He will be based at Telstra’s Melbourne office and report to chief executive, David Thodey.

Prior to Penn starting the role, Mark Hall will be acting chief financial officer and group managing director, finance, from 1 January to 29 February, 2012.

In a statement, Thodey thanked Stanhope for his service to the company of more than four decades, including eight years as chief financial officer and group managing director, finance and administration.

“On behalf of his colleagues, I would like to acknowledge John’s enormous contribution to our company and wish him and his family the very best for the future,” Thodey said.

Telstra is not the only telecommunications company on a CFO recruitment drive.

Huawei Australia recently hired former Lenovo Australia and New Zealand chief financial officer, Luke Austin, to replace Brian Hoppe.

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Computerworld Australia on Twitter: @ComputerworldAU

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: Andrew, AXA, Huawei, Lenovo, Telstra
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Andrew Penn, Huawei Australia, John Stanhope, Telstra
Latest Blog Posts
Whitepapers
  • Data Center Physical Infrastructure: Optimising Business Value
    To stay competitive in today’s rapidly changing business world, companies must update the way they view the value of their investment in data center physical infrastructure (DCPI). No longer are simply availability and upfront cost sufficient to make adequate business decisions. Agility, or business flexibility, and low total cost of ownership have become equally important to companies that will succeed in a changing global marketplace.
    Learn more »
  • Advanced Malware Exposed - How advanced malware, zero-day and targeted APT attacks are evading today's network defences
    This handbook shines a light on the dark corners of advanced malware, both to educate as well as to spark renewed efforts against these stealthy and persistent threats. By understanding the tools being used by criminals, we can better defend our nations, our critical infrastructures and our citizens. It is certainly my hope that this book will provide readers with a new understanding of the rapidly developing cyber threat landscape and practical insights into how they can protect their data and computing infrastructures. - Robert F. Lentz, President and CEO, Cyber Security Strategies, LLC
    Learn more »
  • Best Practices for Oracle License Management: Optimise Usage and Minimise Audit Liability
    With Oracle audits on the rise, organisations that can best align license agreements with actual database and option usage can reduce their financial risk and maximise the value of their Oracle investments. The goal is to “right-size” Oracle across the enterprise and gain control over the entire license management process – from accurate needs projections and licensing negotiations, to deployments and audit preparation. Read on.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.