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Optus CEO Resigns Following Nationwide Outage and Data Breach Scandal

Interim CEO Michael Venter steps in as the telecom giant faces compensation claims and a class action lawsuit.

  • Optus CEO Kelly Bayer Rosmarin has resigned following a nationwide outage that left almost half of Australia disconnected for over 12 hours on November 8, 2023.
  • The outage caused transport delays, cut hospital phone lines, shut down payment systems, and blocked about 200 people from calling emergency services.
  • Rosmarin faced criticism over her response to the incident and revealed that thousands of Australians were pursuing the telecom for compensation.
  • Optus is also fighting a class action lawsuit from more than 100,000 current and former customers over a major data breach in September 2022, which affected 10 million people.
  • Optus CFO Michael Venter has been appointed as interim CEO while the firm searches for a replacement.
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