Senator the Hon Mathias Cormann

The Government would like to thank Mr Bill Morrow for his outstanding leadership of NBN Co over the past four years, following today’s announcement that he will step down as Chief Executive Officer by the end of 2018.

Mr Morrow was appointed to the role of CEO and Executive Director in April 2014.

Under Mr Morrow’s guidance, the National Broadband Network has met all of its operational and financial targets.

When Mr Morrow commenced in the role, the NBN was available to around 300,000 premises.

The network is now available to more than 6.4 million homes and businesses across the nation with more than 3.7 million already connected. More than 100,000 premises are being connected every month.

The project remains on track and on budget with the 2020 completion date firmly in sight.

The extended notice provided by Mr Morrow will enable the NBN Co Board to undertake a thorough domestic and international search for his successor, and facilitate a smooth transition within the executive leadership team.