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TPG CFO Stephen Banfield heads for the exit - Vimarsana News

TPG CFO Stephen Banfield heads for the exit

Elke Meitzel Mr Banfield – who is from the TPG side of the business – started in 2007 as the chief financial officer of what was then TPG Corporation, and was appointed to that position in the new TPG Telecom last August. “It has been a great privilege to work for companies within the TPG Group for the past 20 years, and I am proud of what TPG has achieved,” he said. “After two decades, it’s time for me to move on. I look forward to working with Iñaki [Berroeta, TPG chief executive] and my team over the coming months to ensure a smooth transition.“

Source: afr.com
TPG shares hit by key exit - Vimarsana News

TPG shares hit by key exit

TPG shares are down sharply as investors react to a senior member’s imminent exit, leaving control of the $10bn telco giant in the hands of Team Vodafone.