Paul Reynolds and the future of Telecom New Zealand (transition, new CEO)

Forums › Spark New Zealand (including Skinny and BigPipe) › Paul Reynolds and the future of Telecom New Zealand (transition, new CEO)

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scuwp

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#514479 31-Aug-2011 13:57

oxnsox:
Ragnor: Personally I think he's done a pretty good job on:

- Improving Telecom's overall image (Telecom rage/hate was much higher under Gatting).
- UFB negotiations.
- Facing up to the public during the XT issues.

+ 1

And so he should have for the money he was being paid!

Lazy is such an ugly word, I prefer to call it selective participation

DonGould

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#514484 31-Aug-2011 14:05

scuwp:And so he should have for the money he was being paid!

Being paid 51 times more than the average Telecom worker, I'd love to hear from Neil. I wonder if the guys designing, building and doing the face to face marketing of all the new networks, feel that they're only worth 1/51th of Paul?

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jonb

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Trusted

#514492 31-Aug-2011 14:18

Ragnor: Personally I think he's done a pretty good job on:

- Improving Telecom's overall image (Telecom rage/hate was much higher under Gatting).
- UFB negotiations.
- Facing up to the public during the XT issues.

Profit was actually up 1.6% if you take out the cost of the earthquake and preparing for chorus de-merger, and in the middle of the worst recession since the great depression.

Haters gonna hate!

I'm not a hater by any means. Those are good achievements but the only real measure of a CEO is to create shareholder value, anything else are nice to haves.

DonGould

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#514495 31-Aug-2011 14:22

jonb: create shareholder value, anything else are nice to haves.

In Telecom's case, do you think that given the current market, just maintaining shareholder value is fairly important?

How many telcos have lost value in the last decade?

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NonprayingMantis

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#514506 31-Aug-2011 14:39

DonGould:
scuwp:And so he should have for the money he was being paid!

Being paid 51 times more than the average Telecom worker, I'd love to hear from Neil. I wonder if the guys designing, building and doing the face to face marketing of all the new networks, feel that they're only worth 1/51th of Paul?

One could make the argument that when one of those other workers announces they are going to leave, the market doesn’t tend to wipe ~$300m off the market cap of Telecom within hours

DonGould

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#514511 31-Aug-2011 14:51

NonprayingMantis: One could make the argument that when one of those other workers announces they are going to leave, the market doesn’t tend to wipe ~$300m off the market cap of Telecom within hours

Yes, I have to give you that point. It says quite a bit doesn't it.

Wonder what would happen to the market value if he withdrew his resignation in the morning.

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oxnsox

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#514524 31-Aug-2011 15:18

DonGould:
Being paid 51 times more than the average Telecom worker, I'd love to hear from Neil. I wonder if the guys designing, building and doing the face to face marketing of all the new networks, feel that they're only worth 1/51th of Paul?

If there are exactly 51 of them then that'd be fair...

smooguy

8 posts

Wannabe Geek

#514732 31-Aug-2011 21:42

freitasm: My bet is Chris Quin, Gen-i CEO...

Probably right, he's always been too/very focused on mobile phones vs IT

ScottStevensNZ

245 posts

Master Geek

#515003 1-Sep-2011 12:21

I'll do it ... it can't be that hard...

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Yes, they can.

DonGould

3892 posts

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#515009 1-Sep-2011 12:35

ScottStevensNZ: I'll do it ... it can't be that hard...

I agree... when you've got Sharchies to do all the marketing for you!
...Alcatel to look after the whole network for you...
...some call center company in ...

...err... you see where this is going ;)

Frankly if I was a shareholder I'd be more concerned about Stephen Joyce quitting... then who would tell the board and CEO what they can and can't do?

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