The Board of Nextgen Group today announced that David Yuile, the former CEO of AAPT, has been appointed Group CEO, effective immediately.
Yuile left AAPT in February 2014 after Telecom NZ sold the company to TPG and, since November 2014, has been Managing Director of Nextgen Networks, the largest business in the Nextgen Group.
He brings more than 25 years of executive experience in the telecommunications industry including almost a decade at business telecommunications provider Powertel and then AAPT, where he was the driving force behind the change in both company’s fortunes.
Prior to PowerTel, he was Chief Executive Officer of 90 East and co-founder of Sales Technology, a business that he sold to NASDAQ-listed provider, Interliant.
Group Chairman, Graeme Barclay, who has acted in the role of Group CEO on an interim basis since early December, said the Board was delighted with the appointment and looked forward to a new era for the telecommunications services provider.
“David brings to Nextgen Group a track record of focused execution and success in the sector, principally in market challenger roles. The Board is excited to endorse and back David’s growth strategy and his leadership of our fibre and data-centre businesses,” Barclay said.
Mr Yuile said he was looking forward to his new role as Group CEO and leading the company into the next phase of its growth.
“Nextgen has world-class infrastructure providing Australian businesses with network and data centre services that are best-in-class.
“Our growth strategy is to maximise both our businesses, expand into new markets and increase our customer base to become the carrier, business and Government telecommunications provider of choice,” he said.
Nextgen Networks operates a 19,000km fibre backbone network across Australia, including undertaking one of the largest telecom infrastructure builds in the country, installing a deep sea cable from Port Hedland to Darwin to service off-shore oil and gas facilities.
Metronode operates a national footprint of high-density, low PUE data centres and has recently begun work on a new facility in the ACT, due for completion in September 2015.
For further information please contact:
Louise Di Francesco
(0418) 617 869
About Nextgen Group
Nextgen Group is a leading provider of network connectivity, data centre facilities and cloud services for Australian businesses, government agencies and telecommunications service providers. We deliver innovative and customised solutions to our customers, keeping them at the forefront of technological change. In June 2013, Ontario Teachers’ Pension Plan (OTPP) acquired 70 per cent of the Nextgen business, with Leighton Holdings Limited retaining 30 per cent.
For more information see www.nextgengroup.com.au
About OTPP (Teachers’)
Teachers’ is Canada’s largest single-profession pension plan with $141 billion in net assets at 31 December 2013. We pay pensions and invest plan assets on behalf of 307,000 working and retired teachers. Since our establishment as an independent organisation in 1990, we have built an international reputation for innovation and leadership in investment management and member services.
About Leighton Holdings Limited
Leighton Holdings Limited, founded in Australia in 1949, is the parent company of the Leighton Group, one of the world’s leading international contractors. The Group is also the world’s largest contract miner. Listed on the Australian Stock Exchange since 1962, Leighton Holdings has its head office in Sydney, Australia. The Group provides development, engineering, construction, contract mining, and operation and maintenance services to the infrastructure, resources and property markets. It operates in more than 20 countries throughout the Asia Pacific, the Middle East and Southern Africa.