Sol Trujillo on Managing a Turnaround

Former Telstra (TLS.AX) chief Sol Trujillo, 57, recently stepped down from the helm of Australia's largest telecom. During his four-year stint, the Wyoming-born executive transformed a former government entity into a profitable private-sector player with the world's fastest wireless network. While some analysts have applauded his record, critics say Trujillo moved too fast, piled on too much debt, and cut too deep. Now, as he's looking for another turnaround opportunity, he spoke with Senior Editor Diane Brady about how he manages change.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.