$28.5b of Telstra value torched under Penn's leadership

By Colin Kruger
Updated August 18 2017 - 12:48am, first published 12:42am
MELBOURNE, AUSTRALIA - MAY 19:  Telstra CEO Andy Penn speaks at an American Chamber of Commerce lunch at Crown Palladium on May 19, 2016 in Melbourne, Australia.  (Photo by Jesse Marlow/Fairfax Media)
MELBOURNE, AUSTRALIA - MAY 19: Telstra CEO Andy Penn speaks at an American Chamber of Commerce lunch at Crown Palladium on May 19, 2016 in Melbourne, Australia. (Photo by Jesse Marlow/Fairfax Media)
AFR.  Pic of Andrew R Penn Chief Executive Officer Telstra AGM at held at the Shereton on SUssex Street.  Pic by Nic Walker.  Date 11 th October 2017.
AFR. Pic of Andrew R Penn Chief Executive Officer Telstra AGM at held at the Shereton on SUssex Street. Pic by Nic Walker. Date 11 th October 2017.

By 10.11am on Thursday morning, Telstra's army of investors had collectively torched $28.5 billion under Andy Penn's leadership. Is it time to look for a new leader?

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Tamworth news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.