Singtel’s Optus Names Rue as CEO as It Seeks to Rebuild Trust
- Appointment comes after reported Brookfield talks collapsed
- Rue to work to restore trust after outage, cyberattack: Optus
The Optus logo displayed atop its store in Sydney, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Singapore Telecommunications Ltd.’s Australian phone carrier Optus appointed Stephen Rue as chief executive officer with effect from November, it said in a bourse filing Monday.
Rue has been CEO of Australia’s National Broadband Network since 2018. His appointment comes as Singtel moves to a more decentralized structure, according to a statement announcing the move. Michael Venter will remain interim CEO until Rue’s appointment later this year.