News Source: The Australian
| 9 months ago
THE global economic crisis has forced Telstra to downgrade its full-year earnings guidance after reporting the first half-year profit decline in two years and announcing the departure of its controversial chief executive Sol Trujillo.
News Source: The Australian
| 9 months ago
SOL Trujillo, Telstra's original "amigo", will leave Australia at least $40 million richer when he flies back to his native US later this year...Mr Trujillo's exit comes just two months after billions of dollars were wiped off Telstra's market value...
News Source: The Courier-Mail
| 9 months ago
IT was an eyebrow-raising statement, which clothing manufacturer Pacific Brands chief executive officer Sue Morphet probably regrets having made. Perhaps a slip of the tongue that inadvertently revealed the true heart behind her immoveable resolve. "...
News Source: Australian Broadcasting Corporation
| 9 months ago
00 Updated February 27, 2009 08:06:00 Unions say large pay increases for the top executives at Pacific Brands are obscene in the light of the company's job cuts this week. A total of 1,850 jobs will be axed after the company, which owns brands...
News Source: Sydney Morning Herald
| 9 months ago
Australia's top union boss has launched a scathing attack on the chief executive of Pacific Brands, labelling her 170% pay hike last year "obscene'' and a "corporate crime''. It's been revealed the total remuneration for Pacific Brands' 13 directors...
News Source: The Daily Telegraph (Australia)
| 9 months ago
Telstra boss Sol Trujillo will head home to the US with a payout estimated at more than $20 million. The man who boasted about personally axing 10,000 Telstra jobs will quit as CEO in June...Mum and dad shareholders who bought T2 shares for $7.40...