Telus Corporation
TSX : T
NYSE : TU

Telus Corporation

May 16, 2016 07:00 ET

Doug French Appointed as Chief Financial Officer, TELUS

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2016) - Effective today, TELUS (TSX:T)(NYSE:TU) is pleased to announce that Doug French has been appointed Executive Vice-President and Chief Financial Officer. With 30 years of financial management experience and 20 years of career progression within TELUS, including key roles as Controller for the company's largest business units in the business and consumer divisions, and more recently serving as Corporate Controller, his appointment is the result of the corporation's robust succession planning process.

"Doug French has the breadth of experience necessary to help drive the continued success of TELUS' proven strategy, and to play an integral role alongside our executive team in enhancing long-term shareholder value," said Darren Entwistle, President and CEO. "Doug is a strong leader with an unwavering commitment to helping the TELUS team pursue our multiple growth tenets while continuously realizing enhanced operational effectiveness and efficiencies."

After three and a half years as TELUS CFO, John Gossling is leaving TELUS to seek other opportunities. Mr. Gossling will be working with Mr. French through to the end of May to ensure an effective transition of responsibilities. Mr. Entwistle continued, "The TELUS team and Board of Directors are grateful for John's many contributions to the company and we wish him the very best."

"TELUS has an impressive track record of challenging the status quo, a passion for driving continuous innovation, and a commitment to making consistent, long-term investments that fuel economic growth and deliver value for shareholders," shared Mr. Gossling. "I am confident in Doug's ability to support TELUS' continued financial strength as CFO, including sustaining the company's strong balance sheet, and congratulate him on this well-earned appointment."

"It is exciting to work for an organization like TELUS, where all team members are extremely committed to our customers and our shareholders," commented Mr. French. "I look forward to building on what we have achieved together and all that we will accomplish in the future. As a trusted advisor to the TELUS leadership team and 20 years of national carrier experience, I am confident in my ability to support TELUS' continued success."

About TELUS

TELUS (TSX:T)(NYSE:TU) is Canada's fastest-growing national telecommunications company, with $12.6 billion of annual revenue and 12.4 million subscriber connections, including 8.4 million wireless subscribers, 1.4 million residential network access lines, 1.6 million high-speed Internet subscribers and 1.0 million TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada's largest healthcare IT provider.

In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed $440 million to charitable and not-for-profit organizations and volunteered more than 6.8 million hours of service to local communities since 2000. Created in 2005 by President and CEO Darren Entwistle, TELUS' 11 Canadian community boards and 4 International boards have led the Company's support of grassroots charities and have contributed more than $54 million in support of over 4,900 local charitable projects, enriching the lives of more than 2 million children and youth, annually. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.

For more information about TELUS, please visit telus.com.

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