Sharechat Logo

Telecom appoints Lion's Jolie Hodson as new CFO

Friday 1st March 2013

Text too small?

Telecom Corp, the county's biggest phone company, has appointed Lion finance director Jolie Hodson as its new top number cruncher.

Hodson will take up the role of chief financial officer from June, replacing Nick Olson. She's currently a Sydney-based finance director of Lion's beer, spirits & wines Australia division, its biggest business unit. Telecom's general manager of commercial finance Tim Bluett will be acting CFO until her arrival.

"Jolie has a proven track record at translating strategy into execution and will be a welcome addition to our leadership team as we accelerate our strategic shift to become a future-oriented, competitive provider of communication, entertainment and IT services delivered over our networks and the Cloud," chief executive Simon Moutter said in welcoming Hodson.

The inclusion of entertainment services as part of Telecom's future comes as broadcasting and telecommunications face growing convergence, with streaming and on-demand video seen as the appeal for consumers to buy ultra-fast broadband services. Whether that comes in the form of offering content, or facilitating delivery has yet to be decided.

That comes a week after Moutter told analysts Telecom is shifting its focus to providing services and away from building things to become a data-driven and mobile-focused telecommunications operator. At the time, Moutter was coy as to what shape Telecom, saying all will be revealed at the May investor day.

The shares fell 1.5 percent to $2.385 in trading today, and have gained 4.2 percent this year.

BusinessDesk.co.nz



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Telecom Corporation of New Zealand (TEL)
Telecom in drive to latch on to growing data usage with 4G mobile launch next month
Telecom lines up to buy 700MHz spectrum to extend reach of 4G network
Telecom backs setting copper prices until 2020, warns against getting too far away from input cost
Telecom puts $60M price tag on new Auckland data centre, Hawkins, AECOM win build
Telecom ends jobs purge, looks for ‘more sophisticated’ ways to save money
Telecom FY earnings fall to bottom of guidance range, sees unchanged dividend in 2014
Telecom takes spat with Vodafone to regulator after dropping court action
Telecom unbundling key to regulator's copper conundrum
Telecom lures customers to faster services in EPL deal