Telstra share price dips amid BIG leadership news
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The Telstra Group Ltd (ASX: TLS) share price is edging lower today.
Shares in the S&P/ASX 200 Index (ASX: XJO) telco closed Friday trading for $4.61. In morning trade on Monday, shares are changing hands for $4.60 apiece, down 0.2%.
For some context, the ASX 200 is up 0.4% at this same time.
This comes amid news of a major leadership change at the company’s digital infrastructure solutions business, Telstra InfraCo.
Here’s what’s happening.
Telstra share price slips despite Microsoft leadership score
The Telstra share price is slipping after the company announced (in a release labelled non-price sensitive) that Telstra InfraCo CEO Brendon Riley will retire on 30 September.
Steven Worrall will replace Riley…
