Posted: 20th Feb, 2007 By: MarkJ
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.