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- Telstra’s head of Product and Technology Christian von Reventlow has stepped down from the role to be replaced by Kim Krogh Andersen
- Kim is currently Telenor Group’s Senior Vice President and Head of Global Technology Strategy
- Christian has decided to move back to Germany to be with his family
- Telstra said Kim has joined the company at a key moment in the company’s T22 strategy
- Telstra shares are down 2.98 per cent in early trade and currently worth $3.42 each in a $40.58 billion market cap.
After 13 months, Telstra’s head of Product and Technology Christian von Reventlow has stepped down from the role.
He will be replaced by current Telenor Group’s Senior Vice President and Head of Global Technology Strategy, Kim Krogh Andersen.
When Christian took on the role in September 2018, he brought with him experience as an executive at Fortune 100 telecom company Deutsche Telekom AG. However, the move to Telstra meant leaving his family behind in Germany.
Now, according to Telstra CEO Andrew Penn, Christian has decided to return home.
“It was always intended Christian would be joined in Australia by his family — that has not eventuated and this has led to Christian making the decision to return home,” Andrew said.
Nevertheless, he is hopeful about Christian’s replacement in Kim.
“Mr Krogh Andersen is a standout replacement for Mr von Reventlow,” he said.
“He has run telco networks end to end and had responsibility for developing the technology and products those networks carry,” he explained.
Kim is responsible for helping lead Telenor’s Global 5G Execution Program as it poises itself for the launch of 5G across all Telenor markets.
“We are looking forward to him leading our product and technology team as we build momentum in providing industry-leading experiences for our customers and pursue our ambition to grow our share of revenues across segments and industries,” Andrew continued.
He added that Kim has joined the company at a key moment in the company’s T22 strategy — which is set to radically simplify the business through $600 million worth of restructuring once NBN has been fully rolled out.
Telstra shares are in decline today, down 2.98 per cent in early trade and currently worth $3.42 each in a $40.58 billion market cap.
