Friday, May 08, 2009

Telstra

Both the AFR and SMH this morning are declaring that Telstra's Board meeting yesterday endorsed David Thodey as CEO. The AFR goes further to suggest there was a Board row over chairman McGauchie.

The significance of this news isn't the appointment, it is that the discipline around the Board table that has been the hallmark of the McGauchie/Trujillo period seems to have cracked wide open. This was their big problem under Mansfield with at least one director, thought to be Sam Chisholm, leaking.

Meanwhile we know the answer to the Avenue Q question "What do you do with a BA in English?" the answer is become CEO of Telstra.

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