Telstra shareholders have unequivocally voted in favour of the remuneration packages currently awarded to its top executives.
Telstra shareholders travelled from far and wide to vent their frustrations as owners and customers to the telco's chairperson, Catherine Livingstone and chief David Thodey.
Executive chairman and chief executive of NBN Co Limited Mike Quigley will receive $1.95 million a year for his efforts.
The leader of Telstra's ongoing IT transformation program, Trujillo amigo Tom Lamming, will return to his home country of the United States on 30 June, the telco revealed today.
Telstra CEO Sol Trujillo's successor will need to make conciliatory gestures towards the government and reconsider the company's strategy to remain relevant, analysts have concluded in the wake of this morning's announcement that Trujillo will depart the company on June 30.
Is Hackett the Saruman the once-good wizard who is seduced by the dark powers of Sauron of my recent Lord of the Rings scenario? Is something rotten in Renmark and elsewhere?
Joe the Shearer can wait. Telstra is clearly going to roll out its NBN in capital cities first, where the most customers live and, despite Telstra's assertions, many residents already have access to decent broadband.
Sol Trujillo's payout disclosed in Telstra's remuneration report attracted a lot of attention as soon as it was released. But the real story in the report is about the over-the-top pay deals stitched up by Trujillo before he left.
When Telstra launched its IT transformation in 2005, then chief operations officer Greg Winn said "IT is the root of all evil in the telco industry".
From dead parrots to ACCC lawsuits, the National Broadband Network and Fake Stephen Conroy, it's like Telstra is lost in T.S. Eliot's epic poem The Wasteland.
Telstra CEO Sol Trujillo's successor will need to make conciliatory gestures towards the government and reconsider the company's strategy to remain relevant, analysts have concluded in the wake of this morning's announcement that Trujillo will depart the company on June 30.
Let's get serious in the search for a new Telstra CEO. It's time to put Mario, Dr Claw, Sydney Lawrence and George Bush on the list.
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Has New Zealand's smiling assassin delivered?
The long-awaited separation of Telstra
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