NBN Co could be headed for a shake-up later this year, after its current CEO announced he would step down from his role.
In a brief statement, NBN announced that CEO Bill Morrow will step down “by year end 2018”. He has been in the role for four years.
“I believe that as the company prepares to confront the new challenges ahead, this is the right time to hand over the reins for the next phase of this incredible project and for me to plan for the next step in my career,” Mr Morrow said.
Chairman Dr Ziggy Switkowski praised Mr Morrow’s contribution to what is one of Australia’s largest ever infrastructure projects.
“Bill has built a resilient, performance-driven organisation which will build on his legacy,” Mr Switkowski said.
NBN Co will undertake a global search to find a new CEO.
New leadership could be just what the business, and indeed the country, needs to complete the rollout of the broadband network.
Despite a recent report from the ACCC finding that maximum internet speeds are close to target, most of the nation’s telcos have been forced to refund customers for advertising higher than achievable broadband speeds.
Some consumers, including business users, have also been less than impressed with the rollout of the NBN and the internet speeds they can access using the network.
“The NBN as delivered is an abject failure for SMEs who don't get FTTP but just FTTN and excuses blaming everyone else who hasn't switched over yet as the reason we can’t get speeds high enough to allow online software demonstrations,” fumed one My Business reader.
Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016.
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