Telstra announces CFO Vicki Brady as next CEO

– AUSTRALIA, Melbourne –  Telstra Corporation Ltd (ASX: TLS | LON: 11ZP) today announced the appointment of current CFO Vicki Brady will be the new CEO effective on 1 September 2022, to succeed Andrew Penn who will retire after seven years in the role.

“I am thrilled to be able to announce Vicki in the role today. Having started her career with KPMG, Vicki subsequently worked in a range of finance, commercial and strategy roles before moving into broader business leadership positions. She has made a significant contribution to Telstra including her work in developing our new go to market plans as part of the T22 strategy. She has played a key leadership role in the development of Telstra’s T25 strategy and is well placed to lead the company through its next phase. She could not be more qualified to take over the reins to deliver on our T25 commitments. ,” said Board Chairman, John Mullen.

About Vicki Brady

Vicki Brady joined Telstra in 2016 and has held the role of Group Executive, Consumer, and Small Business in addition to her current role of CFO and Group Executive responsible for Strategy, which she was appointed to on 1 July 2019. She is an experienced executive leader, who has built a strong and deep understanding of telecommunications and technology on top of her financial expertise.

As CFO and GE, Strategy & Finance, Vicki Brady guides the company’s financial performance and reporting, leads the development of and progress against its corporate strategy, and oversees its risk and internal audit capabilities, to deliver shareholder value over the long term.

Vicki joined Telstra in 2016 and before she was appointed CFO and GE, Strategy & Finance, held the role of Group Executive, Consumer & Small Business. In this role, she led a business unit with $14.6 billion of income and was one of the architects of the T22 strategy. Before this Vicki was Group Managing Director, Sales & Service, and Group Managing Director, Consumer, with responsibility for the implementation of a customer-led strategy and operating plan for Telstra’s contact centers, stores, digital channels, and business centers, lifting customer experience, commercial performance and driving cultural change. She also has extensive executive leadership experience in telecommunications and services companies in Australia and internationally, having worked for organizations including Optus, SingTel, and KPMG.

Vicki has a Bachelor of Commerce from the Australian National University and a Master of Science in Management from the Stanford University Graduate School of Business. She is a member of the Institute of Chartered Accountants ANZ and is a Graduate of the Australian Institute of Company Directors.

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