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iTWire Friday, 07 May 2021 00:52 Stephen Banfield resigns as TPG Telecom CFO
Shares Stephen Banfield - click to enlarge
TPG Telecom has announced that Stephen Banfield will be stepping down as Chief Financial Officer after 20 years with TPG group companies. He will remain in the role until November 2021 or until a replacement is appointed.
Banfield was appointed Group CFO in August 2020 following the merger with Vodafone Hutchison Australia, and had previously been with TPG group companies since 2000, including twelve years as CFO.
The share price reportedly fell on the news, but given the positive reports given to the ASX by the Chairman, and the MD and CEO, and the company s solid position, finding another person to be CFO won t be a problem