BT Group Names Clive Selley as New CEO of Openreach
January 11 2016 - 5:16AM
Dow Jones News
By Razak Musah Baba
LONDON--BT Group PLC (BT.A.LN) Monday named Clive Selley as the
new chief executive of its network division Openreach.
The telecommunications firm said Mr. Selley, who is currently
CEO of BT Technology, Service and Operations will replace Joe
Garner.
In November last year BT announced that Mr. Garner will be
stepping down as chief executive of Openreach to become CEO of
financial services group Nationwide. He is expected to take up his
new post in the spring of 2016 after handing over to his successor,
BT said.
The handover will take place this quarter, BT said Monday.
BT shares at 0935 GMT were down 1 pence, or 0.1%, at 465 pence,
valuing the company at GBP39.9 billion.
-- Rory Gallivan contributed to this article
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
January 11, 2016 05:01 ET (10:01 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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