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BT Appoints Next Chairman - Sir Michael Rake
By: MarkJ - 20 February, 2007 (8:58 AM)

BT has finally appointed a new chairman, Sir Michael Rake, to succeed Sir Christopher Bland come September this year. Rake is currently presiding as the chair of accountancy giants KPMG International:

Sir Michael said today: I am thrilled to be joining a company which has achieved so much in recent years and has such ambition for the future. Sir Christopher Bland has done a magnificent job setting BT on a secure financial footing and developing a strategy for the future. Ben Verwaayen leads an outstanding team. I look forward to working closely with him, the board and my new colleagues. I feel extremely enthusiastic about helping to build upon the success of a company which has already given Britain a position of international leadership in broadband availability and has established itself as a world leader in networked IT services.

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