TEL telecom corporation of new zealand limited

Ann: OFFICE: TEL: Alan Gourdie to leave Telecom

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    TEL
    03/08/2012 08:36
    OFFICE
    
    REL: 0836 HRS Telecom Corporation of New Zealand Limited
    
    OFFICE: TEL: Alan Gourdie to leave Telecom
    
    MEDIA STATEMENT
    
    3 August 2012
    
    ALAN GOURDIE TO LEAVE TELECOM
    
    Telecom has today announced that Alan Gourdie has resigned from his position
    as CEO of the Telecom Retail business unit, effective 31 October 2012.
    
    Alan has led Telecom Retail since joining Telecom in 2008. The business unit
    provides calling, access, mobile and data services to more than two million
    customers, including consumers and small to medium enterprises.
    
    Chris Quin, acting Telecom CEO, said: "Alan has done an exceptional job
    growing the business during one of the most significant periods of
    competition and change in Telecom's history.
    
    "He has led a significant improvement in the company's relationships with its
    customers, fundamentally reshaped Telecom's mobile offerings to compete in a
    highly competitive and fast moving market, and continued to develop Telecom's
    fixed line business."
    
    Alan Gourdie said he is proud of what Telecom and the Retail team have
    achieved over the last four years.
    
    "We now have the customer focus and brand required to be a highly competitive
    Retail Service Provider in the new world of telecommunications in NZ," said
    Alan.
    
    "The company has a bright future after demerger and I am pleased to be
    leaving the business with very good momentum."
    
    Simon Moutter will appoint a new head of the Retail business after he starts
    as Telecom CEO on 13 August 2012.
    
    ENDS
    
    For media enquiries please contact:
    Ian Bonnar
    Head of Corporate Communications
    Telecom NZ
    +64 (0)27 215 7564
    
    For investor enquiries please contact:
    Stefan Knight
    Head of Investor Relations
    Telecom NZ
    +64 (0)27 252 9438
    End CA:00225620 For:TEL    Type:OFFICE     Time:2012-08-03 08:36:04
    				
 
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