Top telco Telstra Corporation Ltd
(ASX:TLS) has appointed Russell Higgins and Steve Vamos as non-executive directors effective from September 15.
The telco also says that Charles Macek has informed the board that he will not stand for re-election at the company’s annual general meeting in November.
Russell Higgins is chairman of the Global Carbon Capture and Storage Institute, an initiative of the Australian Government launched in April to accelerate the worldwide development of carbon capture and storage technologies.
Steve Vamos led Microsoft Australia and New Zealand from 2003 to January 2007, before moving to the U.S. to become the company’s online business head of Worldwide Sales and International Operations. Mr Vamos was previously CEO of ninemsn.
The appointments require endorsement at Telstra’s annual general meeting on November 4. Telstra’s profits have been increasing each year for the past three years.
