Finished up: Trujillo's already gone

Telstra announced today that newly appointed CEO David Thodey had already taken up the mantle of CEO after the outgoing head Sol Trujillo left before his scheduled June departure date.

Trujillo had gone back to the States, according to Telstra, despite the company saying that he would be staying on until 30 June when it announced his resignation. According to the telco, the appointment of an internal candidate for CEO had meant "a smooth and swift" transition was possible.

Newly appointed group managing director of Telstra Wholesale, Nerida Caesar will take over Thodey's previous role heading up Telstra's enterprise and government division. She will take leave before beginning in that role on 9 June.

Glenn Osborne, previously executive director Telstra Wholesale Sales has been appointed acting group managing director Telstra Wholesale.

Thodey's contract will be posted on the Australian Stock Exchange when it is finalised.