The changes rang loud in the telecommunications industry yesterday, as senior figures at both Clear and Telecom announced their resignations.
Clear announced that its Tim Cullinane had resigned, effective June 30. A statement from the company said that when British Telecom purchased the shares of Todd and TVNZ to become the 100% owner of Clear last June, Cullinane had agreed to oversee the transition period and Clear's integration into BT.
The company says the process is "well advanced and will be completed by June 2000" and that new leadership will be announced "in due course".
Cullinane won't be ending his relationship with the company. He will remain as a consultant to Clear.
Meanwhile, Telecom announced that its chief financial officer Jeff White was leaving at the end of this month, returning to the US after seven years. He joined in 1993 initially on a two-year secondment from then-Telecom shareholder Ameritech.
Although he was said to be leaving for family reasons, White's incentive for staying with the company may have been lessened when the Telecom CEO post, for which he was reckoned to be a contender, went to Theresa Gattung last year.
Gattung yesterday wished White the best for the future and noted the "enormous contribution" he had made to the company, with the likes of the company's Performance 2000 cost-saving initiatives and the early days of Xtra and the company's investment in AAPT.
Gattung said that Telecom was in the process of undertaking a search for a new Chief Financial Officer, and that an announcement would be made shortly.