Yahoo is headed for a reorganisation that, combined with an exodus of top Yahoo executives, will in all likelihood put power in dramatically fewer hands.
The banking corporation has chosen a new IT boss, replacing its outgoing group executive of business and technology solutions and services
Former Telstra chief information officer (CIO) Vish Padmanabhan, who walked out on the carrier after his position was usurped last year, has quietly worked his way into the finance sector.
Telstra has a history of chewing up top IT managers and spitting them out.
Fiona Balfour, who joined Telstra as CIO last April, has left the company to pursue other opportunities. Previously, she spent 14 years at Qantas.
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