Telstra has shaken up its topline organisational structure with a variety of appointments and departures hitting the telecommunications giant, alongside the establishment of a new end-to-end products and technology division.
The round of high-profile job cuts see CFO Warwick Bray, head of technology Stephen Elop, group general counsel, Will Irving and CMO Joe Pollard exiting the business.
Telstra said Elop had been instrumental in guiding corporate strategy and building the company’s technology credentials since joining the telco in April 2016.
Telstra CEO, Andrew Penn, said the T22 strategy - set to impact more than 8000 Telstra employees - was a multi-year transformation program that will impact teams at different times and to varying degrees.
“We are fundamentally re-engineering how Telstra operate, and our new organisational structure and operating model are designed to remove complexity and management layer, decrease the focus on hierarchical decision making and increase the focus on empowered teams making decisions closer to the customer,” Penn said.
Meanwhile, Brendan Riley has been appointed as the new CEO of Telstra InfraCo, while Michael Ebeid, has been hired to run Telstra’s enterprise team across Australian and international business and government customers.
Effective from 8 October, Ebeid was previously the CEO and managing director of SBS and also spent 10 years at Optus where he was a senior executive in their enterprise and government division.
Furthermore, Nikos Katinakis also joins Telstra in October to lead Networks and IT division.
Katinakis was most recently the executive vice president of networks for Reliance Jio in India, where he was responsible for rolling out the first pan-India 4G LTE network - he also held senior leadership positions with Canada’s Rogers Communications and Ericsson.
David Burns, who is currently part of the enterprise team, will lead global business services (GBS), while Vicky Brady will continue to lead the consumer and small business team, with Robyn Denholm moving into the position of CFO and head of strategy.
The group executive appointment for the new product and technology division, will be announced shortly.
“Both Michael Ebeid and Nikos Katinakis bring with them significant experience across a range of industries including telecommunications, and will be instrumental in Telstra’s transformation,” Penn said.
In the meantime, Telstra has established a Transformation Delivery Office, led by Alex Badenoch, taking charge of the T22 strategy.
Last week, Telstra appointed Maria Tsiaplis as interim global partner team leader following the departure of Charlotte Schraa. Telstra's group managing director of networks, Mike Wright, also exited the business after 38 years.
The aim of the new product and technology division is to help drive an integrated product and technology roadmap for the whole company, Telstra said.
Penn said the new changes will ensure Telstra continues to deliver innovative networks, support the build out of 5G and the Internet of Things.
“At the heart of these changes is the simplification of our products and services built on new technology. By mid-next year, we will have fully rolled out our market leading products and services,” Penn said.
“To help deliver these changes, we are announcing a new end-to-end products and technology division of Telstra. It means we will significantly increase our technical capabilities around product development and management.”