TIDMBT.A
RNS Number : 3698M
BT Group PLC
28 July 2017
July 28, 2017
Organisation and senior management changes at BT
-- Marc Allera appointed CEO of combined BT Consumer business
-- Cathryn Ross, Chief Executive of Ofwat, appointed new Director of Regulatory Affairs
BT Group today announced organisational changes to simplify its
operating model, strengthen accountabilities and accelerate its
transformation.
Marc Allera, currently CEO of the EE business acquired last year
by BT, is appointed to lead a newly created Consumer business,
bringing together BT's Consumer and EE businesses. The new Consumer
business will operate across three distinct brands - BT, EE and
Plusnet - and will span fixed and mobile networks, consumer
products and services, and content.
Gavin Patterson, BT Group Chief Executive, said: "This
appointment reflects the growing scale and ambition of BT. Marc has
led the successful integration and delivered the improved customer
experience and strong financial performance of EE. He will lead our
continued integration and convergence in consumer
telecommunications."
"Together, our senior management team will ensure that BT
realises its full potential: connecting customers in the UK and
beyond to next-generation digital communications services, content
and networks."
This appointment will be effective September 1, 2017.
After almost four years as CEO of BT Consumer, and 13 years in
BT, John Petter has announced he is stepping down to pursue roles
outside the Group.
Gavin Patterson said: "I'd like to record my sincere thanks to
John for all he has done for BT over a number of years. Most
recently as CEO of BT Consumer where he has overseen our rapid
expansion in the Consumer market-place. I wish him all the very
best for the future."
As part of the Group's continued transformation, BT has also
announced the appointment of Cathryn Ross, currently Chief
Executive of Ofwat, the water sector regulator in England and
Wales, as its new Director of Regulatory Affairs.
Gavin Patterson said: "We are delighted Cathryn has agreed to
join BT. She will bring huge experience relevant to our business,
and will work closely with me on developing our regulatory strategy
and overseeing our relationship with Ofcom."
Her appointment follows the decision of Sean Williams, Chief
Strategy Officer, BT Group, to leave BT to pursue new opportunities
outside the Group.
"Sean has made a major contribution to BT's continued strategic
effectiveness in recent years, ensuring we secured regulatory
approval for both the EE acquisition and the settlement with Ofcom
over the future of Openreach," said Gavin Patterson. "I would like
to thank him for his hard work."
Cathryn Ross is expected to take up her role in January
2018.
Ends
Enquiries
Press office:
Dan Thomas Tel: 020 7356 5369
Investor relations:
Mark Lidiard Tel: 020 7356 4909
About BT
BT's purpose is to use the power of communications to make a
better world. It is one of the world's leading providers of
communications services and solutions, serving customers in 180
countries. Its principal activities include the provision of
networked IT services globally; local, national and international
telecommunications services to its customers for use at home, at
work and on the move; broadband, TV and internet products and
services; and converged fixed-mobile products and services. BT
consists of six customer-facing lines of business: Consumer, EE,
Business and Public Sector, Global Services, Wholesale and
Ventures, and Openreach.
British Telecommunications plc (BT) is a wholly-owned subsidiary
of BT Group plc and encompasses virtually all businesses and assets
of the BT Group. BT Group plc is listed on stock exchanges in
London and New York.
For more information, visit www.btplc.com
Biographies
Marc Allera
Marc Allera will become CEO of BT's new combined Consumer
division on September 1, 2017. The division will operate across our
three distinct brands; BT, EE and Plusnet, spanning fixed and
mobile networks, consumer products and services, as well as
content.
Marc is currently CEO of EE, the UK's leading mobile phone
company, having taken the role in January 2016.
Before that Marc was the Chief Commercial Officer for EE having
joined in December 2011 from Three UK, where over a ten year period
he held a number of senior positions including Chief Commercial
Officer and Sales & Marketing Director. He is credited as a key
force behind Three's growth from start-up to a major player in the
UK mobile market.
Prior to joining Three's parent company Hutchison Whampoa in
2001, Marc spent a number of years in the video game industry where
he was General Manager of Sega UK.
Cathryn Ross
Cathryn Ross will become BT's new Director of Regulatory Affairs
in January 2018, with responsibility for developing the company's
regulatory strategy and its relations with Ofcom and other
regulatory bodies.
Cathryn is currently Chief Executive of Ofwat, the independent
economic regulator for the water and waste water sector in England
and Wales, where she is responsible for holding the GBP120 billion
industry to account. She returned to Ofwat in October 2013, having
previously been Executive Director of Markets and Economics between
2008 and 2011.
Cathryn is an experienced regulatory and competition economist
and has worked across a number of different sectors advising on
economic, regulatory and competition issues. Prior to Ofwat,
Cathryn was Executive Director of Markets and Economics at the
Office of Rail Regulation (ORR). She has also worked at the
Competition Commission (now Competition and Markets Authority).
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCRRMBTMBBTTBR
(END) Dow Jones Newswires
July 28, 2017 02:02 ET (06:02 GMT)
Bt (LSE:BT.A)
Historical Stock Chart
From Apr 2024 to May 2024
Bt (LSE:BT.A)
Historical Stock Chart
From May 2023 to May 2024