Business
TPG founder David Teoh steps down as chairman – The Australian Financial Review
Investors have followed outgoing TPG Telecom David Teoh to the exit, meaning his 17.2 per cent stake in TPG is now worth nearly $170 million less than before his…
There have been many challenges along the way, but I firmly believe that consumers in Australia have greatly benefited from TPGs competitive business approach, and that they will continue to do so.
But rumours circulated throughout the day about other possible reasons for the shock resignation, such as a potential clash of cultures between the two sides of the merged business or burnout from the heavily scrutinised 2020 deal finally catching up to notoriously private businessman.
TPG declined interview…
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