Singtel-owned Optus names broadband network boss Stephen Rue as new CEO

Singapore Telecommunications’ Australian unit Optus said on Monday it had appointed Stephen Rue as its new CEO, nearly half a year after former boss Kelly Bayer Rosmarin resigned following a massive network outage.

Optus’ finance chief Michael Venter will continue as the interim CEO until Rue, currently the head at Australia’s national broadband network, takes over in November, the telecom firm said.

Rue, who had joined government-owned broadband network nbn as a finance chief in 2014, was responsible for rolling out the country’s broadband network and providing millions of Australians with internet access.