Telstra shakes up executive management team

Telstra executive Michael Ebeid is leaving the business after more than two years leading the telco giant’s division for business customers.

The telco announced a series of executive management changes on Tuesday morning including the promotion of Telstra’s global business services boss David Burns to Mr Ebeid’s role as group executive for the Enterprise business. Jetstar Airways’ chief operating officer Dean Salter will take Mr Burns’ role.

Telstra's head of Enterprise Michael Ebeid is leaving the company.
Telstra’s head of Enterprise Michael Ebeid is leaving the company. Credit:Rhett Wyman

It is unclear where Mr Ebeid is headed but a statement on the ASX said he was leaving to “pursue other business interests”. Mr Ebeid, who previously ran SBS for nearly eight years, was announced as part of a broader management restructure by Telstra chief executive Andy Penn in 2018.

The changes were made as Telstra implemented its T22 strategy, which involves slashing 9500 jobs while creating 1500 roles in software engineering and cyber-security, and increasing cost-cutting plans to $2.5 billion.

“Michael has led the team in delivering its T22 priorities as well as transforming our Enterprise products and services to better meet customer needs and respond to an environment that is changing at an ever increasingly rapid pace including launching Telstra Purple and our recent adaptive networks announcement,” Mr Penn said.

“I want to thank Michael for the significant role he has played during this period and the contribution he has made to Telstra Enterprise and our broader business and we are sorry to see him go.”

More to come

Most Viewed in Business

Source: Thanks