BT mines Rio Tinto for new Chairman

BT

Jan du Plessis will succeed Sir Mike Rake as Chairman of BT on 1 November, the UK-based operator has announced.

The current Chairman of mining and metals group Rio Tinto will join the telco as a non-executive director on 1 June.

du Plessis, who has been at Rio Tinto since 2008, is the former Chairman of SABMiller, Group Finance Director of Richemont and Chairman of British American Tobacco.

Nick Rose who, as BT’s Senior Independent Director, led the recruitment process, said the 63 year-old British and South African national was “the unanimous choice of the Board”.

Jan du Plessis said: “I am honoured to have been asked to become BT’s Chairman.

“BT is a great British company with excellent people and Mike has done an outstanding job as Chairman over the last 10 years.

“This is an important time for the company and I look forward to working with Gavin and his team to help BT continue to support Britain’s digital future.”

Rake takes his leave as underlying revenues and EBITDA fell in the three months to December, its most recent financial results, following a scandal at its enterprise focused Italian opco.

He said: "Over the past 10 years, BT has made huge progress and we have transformed and expanded the business.

“Whilst clearly there are continuing challenges, the performance of the company remains on track.”

Read more: Italy delivers a serious, but not mortal blow to BT’s fortunes

 

More News

Altice consigns Portugal Telecom, SFR brands to history Altice consigns Portugal Telecom, SFR brands to history Altice will become a major brand in the telecoms world as the owner of Portugal Telecom and SFR unveiled a new global identity. More detail
Vodafone merges Maltese opco with Melita in new convergence play Vodafone merges Maltese opco with Melita in new convergence play Vodafone has agreed a deal with the owners of Melita to merge their operations in Malta. More detail
Telcos need to focus on context, conference hears Telcos need to focus on context, conference hears Context is key to the future success of telcos, speakers at the DigiWorld Future event have said. More detail
Sunrise sells towers business to Cellnex-led consortium Sunrise sells towers business to Cellnex-led consortium Sunrise is selling its Swiss Towers infrastructure business to a consortium led by Cellnex Telecom as it looks to reduce its debt. More detail
Chinese handset manufacturers set sights on Samsung and Apple Chinese handset manufacturers set sights on Samsung and Apple Greater competition from Chinese smartphone manufacturers and a lack of a successor to the Note 7 has slowed Samsung's smartphone sales, new research has found. More detail
    

@eurocomms