Aussie Broadband Announces Leadership Transition Amid Co-Founder's Retirement
Portfolio - People | Jan 16, 2025 | EIN
Aussie Broadband, one of Australia's preeminent telecommunications firms, has announced a significant leadership change as its co-founder and Group Managing Director, Phillip Britt, plans to retire on February 28, 2025. Britt, who will transition to a Non-executive Director and Special Technical Adviser role, leaves behind a legacy of exponential growth for the company. His strategic initiatives saw the company elevate from a regional internet service provider to a major national telecommunications entity, with notable milestones including its public listing on the Australian Securities Exchange in 2020 and the acquisitions of Over the Wire and Symbio in 2022 and 2024, respectively. Brian Maher, who has been with Aussie Broadband since 2019, will take over as Group CEO starting March 1, 2025. Adrian Fitzpatrick, the Board Chair, expressed confidence in Maher to continue executing the company's strategic objectives, bolstered by a strong leadership team.
Sectors
- Telecommunications
- Corporate Governance
Geography
- Australia – The article is about Aussie Broadband, a major telecommunications company based in Australia, highlighting significant changes in its executive leadership.
Industry
- Telecommunications – The article pertains to the telecommunications industry as it discusses the leadership transition within Aussie Broadband, a significant player in this sector within Australia.
- Corporate Governance – The article focuses on leadership changes, a key aspect of corporate governance, as Aussie Broadband announces a new Group CEO and the retirement of its co-founder.
Financials
- N/A – The article does not provide specific financial figures, such as the prices for the acquisitions mentioned.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Aussie Broadband | Target | Company | A leading telecommunications company in Australia undergoing a leadership transition. |
| Phillip Britt | Outgoing Group Managing Director | Person | Co-founder of Aussie Broadband who is stepping down to become a Non-executive Director and Special Technical Adviser. |
| Brian Maher | Incoming Group Chief Executive Officer | Person | Currently the Chief Executive Officer, who will become the Group CEO as of March 2025. |
| Adrian Fitzpatrick | Chair | Person | Chair of Aussie Broadband, who announced Britt’s retirement and Maher's appointment. |
| Wideband Networks | Former company pre-merger | Company | Merged with Westvic Broadband to form Aussie Broadband. |
| Westvic Broadband | Former company pre-merger | Company | Merged with Wideband Networks to form Aussie Broadband. |
| Symbio | Acquired Company | Company | Company acquired by Aussie Broadband in 2024 as part of its expansion. |
| Over the Wire | Acquired Company | Company | Company acquired by Aussie Broadband in 2022 to enhance its telecommunications services. |