NBN Co CEO Stephen Rue to lead Optus
From November.
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Optus’ national phone and internet outage in late 2023 and currency fluctuations have been blamed for falling profits at the telecommunications group.
Optus told a Senate hearing last year that 228 emergency calls failed during a national outage but now admits the true number was 10 times higher at 2697.
The former chief executive stayed for the transition to acting chief executive of Michael Venter, who is also the company’s chief financial officer.
Paul O’Sullivan broke his silence to argue that Australians’ desire for “scalps” after corporate crises could deprive the country of good executives.