info@ceoworld.biz
Sunday, May 19, 2024
CEOWORLD magazine - Latest - Banking and Finance - Kelly Bayer Rosmarin Steps Down from the position of CEO of Optus

Banking and Finance

Kelly Bayer Rosmarin Steps Down from the position of CEO of Optus

Kelly Bayer Rosmarin has stepped down from her position as the CEO of Optus following a significant nationwide outage that disrupted phone and internet services for a prolonged period recently. Singtel, Optus’s parent company, released a statement on Monday morning confirming Bayer Rosmarin’s resignation. She cited her appearance at a Senate inquiry into the outage on Friday as a pivotal moment leading to her decision.

In the wake of Bayer Rosmarin’s departure, Optus appointed Michael Venter, the chief financial officer, as interim CEO while commencing a global search for a permanent replacement. Additionally, Peter Kaliaropoulos, former Optus business managing director, assumes the newly created role of Chief Operating Officer.

Bayer Rosmarin has served as Optus CEO since April 2020, previously holding the position of deputy CEO for a year. Yuen Kuan Moon, Singtel’s group CEO, acknowledged Bayer Rosmarin’s positive impact on Optus, highlighting improved financial performance, market share gains, and enhanced employee engagement during her tenure.

Yuen emphasized the importance of rebuilding customer trust and confidence, stating that Optus is prioritizing a path of renewal for the benefit of its community and customers.

“On Friday, I had the opportunity to appear before the Senate to expand on the cause of the network outage and how Optus recovered and responded. I was also able to communicate Optus’s commitment to restoring trust and continuing to serve customers. Having now had time for some personal reflection, I have come to the decision that my resignation is in the best interest of Optus moving forward.” said Bayer Rosmarin.

The outage, reportedly caused by a configuration issue with over 90 Cisco routers unable to manage changes in routing information after a routine software update from Singtel Internet Exchange (STiX), prompted assurances from the company that measures have been taken to prevent a recurrence.

 

Have you read?  
U.S. Counties With the Worst Quality of Life In Every State.
Ranking Of The Best Female Business Leaders In Asia, 2023.
List Of Ships Being Constructed For The United States Navy.
Ranked: Best Love Triangles In Movie History.
The Billionaire’s Social Calendar: 2024 Event Calendar for the Ultra-Wealthy.


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.


Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
CEOWORLD magazine - Latest - Banking and Finance - Kelly Bayer Rosmarin Steps Down from the position of CEO of Optus
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz