CEO of Singtel's Optus resigns following Australian network outage

Dow Jones2023-11-20

MW CEO of Singtel's Optus resigns following Australian network outage

By Stuart Condie

SYDNEY -- The chief executive of Optus, the Australian subsidiary of Singapore Telecommunications, resigned following a network outage in which millions of customers including hospitals and government departments lost services for several hours.

Singtel on Monday said that Kelly Bayer Rosmarin would be replaced on an interim basis by the company's chief financial officer, Michael Venter. Former Optus business MD Peter Kaliaropoulos will take up the new role of chief operating officer, it added.

Singtel (SG:Z74), which said Optus would conduct a global search for a permanent CEO, announced Bayer Rosmarin's resignation three days after she appeared before Australian lawmakers investigating the Nov. 8 outage and Optus's response to it.

"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," Bayer Rosmarin said.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 19, 2023 20:22 ET (01:22 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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Former Optus business MD Peter Kaliaropoulos will take up the new role of chief operating officer, it added.Singtel , which said Optus would conduct a global search for a permanent CEO, announced Bayer Rosmarin's resignation three days after she appeared before Australian lawmakers investigating the Nov. 8 outage and Optus's response to it.\"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,\" Bayer Rosmarin said.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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Former Optus business MD Peter Kaliaropoulos will take up the new role of chief operating officer, it added. \n\n\n     Singtel (SG:Z74), which said Optus would conduct a global search for a permanent CEO, announced Bayer Rosmarin's resignation three days after she appeared before Australian lawmakers investigating the Nov. 8 outage and Optus's response to it. \n\n\n     \"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,\" Bayer Rosmarin said. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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