The board of Telstra Corp, Australia's largest phone company, is likely to confirm its choice of a new chief executive by Friday and announce the decision within weeks, according to The Australian newspaper.
Telstra's board gather in Sydney this week to consider a replacement for ousted chief executive Ziggy Switkowski.The board's recruitment committee has settled on an American, The Australian said, without naming sources.
Separately, The Age newspaper said Macquarie Capital Alliance was a potential buyer of Telstra's directories arm, Sensis, after its bid for Yellow Brick Road, the dominant directories business in the Netherlands, Finland, Austria, the Czech Republic and Slovakia.
