One of Australia’s largest telecommunications companies Aussie Broadband has announced that co-founder and Group Managing Director Phillip Britt will step down.
Aussie Broadband said Britt would retire as Group Managing Director on 28 February 2025 to become Non-executive Director and Special Technical Adviser to pursue a personal community-focused venture in the Gippsland region where he still lives.
Chief Executive Officer Brian Maher, who joined Aussie Broadband in 2019 as Chief Financial Officer and Company Secretary, will be appointed as Group Chief Executive Officer from 1 March 2025.
Chair Adrian Fitzpatrick said Britt had been responsible for the rapid growth of Aussie Broadband over the last 20 years from a regional internet service provider to a national telecommunications company with a diversified product and customer base.
This included the formation of Wideband Networks in 2003, the merger in 2008 with Westvic Broadband to form Aussie Broadband, the public listing on the ASX in 2020 and the acquisitions of Over the Wire and Symbio in 2022 and 2024.
“He has a proven track record of delivering innovative solutions in the telecommunications industry,” Fitzpatrick said in an ASX announcement.
He said the group was well positioned with Maher as Group CEO to continue the strong delivery against strategic goals, supported by the executive leadership teams at Aussie and Symbio.
Aussie Broadband (ASX: ABB) shares closed on Thursday at A$3.64, up three cents or 0.83%, capitalising the company at $1.08 billion.