Posted: 16th Aug, 2011 By: MarkJ
The existing head of
BT Wholesale,
Sally Davis, whom has led the group for the last four years and is now stepping down for "
personal reasons", is to be replaced on 1st September 2011 by
Nigel Stagg as their new Chief Executive (CEO).
Ian Livingston, BT Chief Executive, said:
"Sally has been a key member of our executive team and so I very much regret her departure. She has competing demands on her time however and so I fully respect her decision and would like to thank her for all she has done for BT. Nigel has a wealth of experience at BT and has delivered great results in a variety of roles."
Nigel Stagg added:
"BT Wholesale is at the heart of BT underpinning many of the services that businesses and residential users take for granted. It is a very large business with revenues of more than four billion pounds a year and it supports many of the largest telecoms providers in the UK, including the major mobile companies.
The UK has one of the most competitive landscapes anywhere in the world and BT Wholesale has been at the heart of that success supporting other operators both large and small."
Stagg is currently Managing Director at
BT Business and it's unclear who will replace him in that role.