This year’s annual meeting was chair John Mullen’s last, with the 15-year Telstra employee pointing to the company’s challenges going forward.
Telstra’s performance was strong overall, with a profit of $2.1 billion and growth in its mobile business.
Brenner has also held seats at boards in the mining, finance and education industries. She is stepping down from her position at Qantas next year. “Maxine is smart, engaged and very experienced … shareholders are very lucky to have someone of her calibre representing them on the Telstra board.”Telstra had pledged $1 million in advertising support to the Yes campaign. A later question expressed support for Telstra’s decision.
“But where we were all in agreement is that support was in the best interests of the company, and therefore the best interests of our shareholders. We strongly believe that reconciliation is a positive step forward for our country, and for the economy.” There were also a number of questions about Telstra’s decision not to sell off infrastructure business Infraco, which shareholders thought would pay off handsomely.
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