Australian telecommunications entrepreneur Bevan Slattery has announced that he will be stepping aside as CEO of Superloop to take on an executive director role and "focus on strategic priorities" following the integration of its BigAir acquisition.
"Bevan has been a terrific CEO and as the core integration effort with BigAir is nearing completion it was becoming increasingly clear to him that his greatest value add was focusing on the strategic opportunities for Superloop," non-executive chair Michael Malone explained.
Drew Kelton will step into the chief executive role for the Asia-Pacific fibre infrastructure company on July 1, after previously serving as CEO and senior leader across Telstra International, T-Mobile Business, Bharti Airtel, DocuSign, Saturn Global, and IXNET for the past 25 years.
Kelton is additionally non-executive chair of fellow Slattery company Megaport, as well as non-executive chair of cloud security provider Firstwave, although Superloop noted in an announcement to the Australian Securities Exchange (ASX) that he "will be reviewing his board commitments prior to his commencement on 1 July".
"I am extremely excited to be joining Superloop and to be working with Bevan. The company has quickly built a strong reputation for disruptive innovation in designing, constructing, and operating telecommunications networks and other critical infrastructure for wholesale carriers and global content providers that require infinitely scalable and reliable connectivity," Kelton said.
Kelton added that Superloop will continue "expanding our microwave and fibre-optic networks to offer customers a fully meshed pan-Asian network".
The new CEO announcement follows Superloop last month revealing its first-half revenue had grown sixfold thanks to its string of recent acquisitions.
Superloop reported revenue of AU$56 million for the first six months of FY18,