Moffatt to leave Telstra after eight years

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Managing Director for Telstra’s Consumer Group, David Moffatt, has announced that he will be resigning from the telecommunications company after eight years. He will stay in his current position in the next six months or until a replacement is found, according to a press release by Telstra.

“It has been an amazing time to be an executive of Australia’s leading telecommunications company, a world-leading one at that. Telstra Consumer has led the industry in innovation and reinvestment in the mobile, fixed, broadband and pay TV areas,” Moffatt said.

“As a customer and shareholder, now and likely long into the future, I wish Telstra and its people every success.”

Joining the company in 2001 as its Chief Financial Officer, Moffatt was thought to be in contention to become the successor after previous CEOs Ziggy Switkowski and Sol Trujillo announced their resignations, with current CEO David Thodey announced as the successor for the latter.

In 2003, he was given his current role, where he oversaw the transformation of Telstra’s consumer strategies, including the launch of its retail stores, branded as T[life], and the delivery of the Next G networks and the increased amount of branded content for BigPond, including movie rentals and music downloads.

“I would like to personally thank David for his contribution and unwavering commitment to Telstra and I look forward to working with him as we manage this transition,” CEO David Thodey said in a statement. “David has successfully played a major role at Telstra in building a world-leading, fully integrated, consumer retail business.”

Image: Supplied (Telstra)