Telus International slashes earnings forecast, announces CEO shuffle

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Jeff Puritt will retire as president and CEO of Telus International in September for another role, to be replaced by senior executive Jason Macdonnell

Telus International Inc. slashed its previous earnings forecast and announced a leadership shakeup that will see its chief executive retire.The Canadian technology company, controlled by telecom giant Telus, said it now expects full year revenue to come in between $2.61-billion and $2.65-billion, down from previous guidance of $2.79-billion to $2.85-billion.

Jeff Puritt will retire as president and CEO of Telus International effective Sept. 3 and take another role, the company said Friday. He’ll be replaced by an existing senior executive, Jason Macdonnell.Telus International went public in 2021. At the time it was the biggest initial public offering of a tech company in Canada. The company is rebanding as Telus Digital.

 

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