Telstra's chief financial officer Robyn Denholm has resigned from the company and will be taking up the position of Tesla board chairman from 13 November.
ANALYSIS The big news at Telstra's annual general meeting on Tuesday wasn't the fact that the telco reported another drop in profits. Rather it was that the top executives still expected bonuses after another performance that could hardly be described as stellar.
Telstra has taken a hit to its bottom line for the second year running, according to full-year 2018 results released today, revealing net profits fell by 8.9% to $3.5 billion despite a 3% increase in revenues to $29 billion.
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