Australian network and datacentre conglomerate, Nextgen Group, has a new CEO – David Yuile. He most recently served as the company’s managing director, a newly created role that he filled for only five months.
According to Nextgen, the managing director title will be still managed by him, meaning that there will not be a replacement for that role.
Yuile replaces acting CEO and current Nextgen Group chairman, Graeme Barclay, who took on the position on an interim basis since early December last year. Former CEO, Peter McGrath, held the title for more than seven years.
Rumours have been circulating around the channel that Yuile was tipped to take on the role from November last year, which also happens to be when he joined the company as its managing director. But Nextgen has not confirmed this claim.
Yuile took on the role of managing director at Nextgen when Telecom NZ sold off AAPT to TPG. Until then, he served as the company’s CEO. During his seven year tenure at AAPT, he was involved in the company’s transformation from focusing on just consumer broadband services to include wholesale and business services and build on its fibre network.
He’s previously worked for Powertel as its director of network and operations, in addition to stints at 90East and Peakhour where he was CEO. He was also co-founder of Sales Technology, a business that he sold to Interliant.
In total, he brings to the role more than 25 years of executive experience in the telecommunications industry.
According to Barclay, Yuile was brought on to the Nextgen team as he has a track record of focused execution and success in the sector, principally in market challenger roles. “The Board is excited to endorse and back David’s growth strategy and his leadership of our fibre and datacentre businesses.”
Yuile said he was looking forward to his new role as Group CEO and leading the company into the next phase of its growth.
“Our growth strategy is to maximise both our businesses, expand into new markets and increase our customer base to become the carrier, business and Government telecommunications provider of choice,” he added.