Optus CEO quits

Paul O’Sullivan was informed of the move months ago

Optus is looking for a new boss for its Australian consumer business as chief executive officer (CEO), Kevin Russell, has stepped down.

While the search for a replacement proceeds, SingTel consumer group CEO, Paul O’Sullivan, will step into the role.

RELATED: Optus reports 41 per cent profit increase

O’Sullivan said he knew of Russell’s intent to leave the telecommunications provider for some time.

“Several months ago Kevin told me that he wished to move on to other challenges on completion of this phase, after ensuring an orderly transition that embeds the strategic transformation he has lad,” he said.

O’Sullivan credits Russell with providing strong leadership throughout his two-year tenure at Optus.

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