Chorus CEO Ratcliffe to step down next year

News Broadband New Zealand 29 AUG 2016
Chorus CEO Ratcliffe to step down next year
New Zealand wholesale operator Chorus announced that its CEO Mark Ratcliffe gave notice of his intention to step down by the middle of next year. No reason for the decision was given, but Chorus said Ratcliffe would continue with full responsibilities as CEO for the next year while the company searches for a replacement. Ratcliffe said Chorus would continue to operate as business as usual. 

Ratcliffe led Chorus' separation from Telecom New Zealand and previously served as head of the wholesale arm when it was part of Telecom (now Spark). He also led the incumbent's efforts on developing New Zealand's Ultra Fibre Broadband network. Ratcliffe told the local press that he does not intend to take up another executive position, but may seek work as a director or consultant. 

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