BT Group appoints Gavin Patterson as new CEO
Ian Livingston will step down as CEO to join the UK government as trade and investment minister.
The British telecommunications services provider BT Group has appointed Gavin Patterson as its new CEO. Patterson will replace Ian Livingston, who will step down from his post and from the company’s board in September 2013.
Livingston has accepted David Cameron’s request to join his cabinet as the trade and investment minister. He will join the House of Lords before taking up the new role in the UK government in December.
Livingston said: “I am honoured to have been asked by the Prime Minister to take on the role of Minister for Trade and Investment, with a remit of helping the growth of British companies and the country’s future economic success.”
On his association with BT, Livingston said: “I am immensely proud to have led this company over the last five years. We have made huge progress over the last few years but I know there is still so much more that BT can and will do.”
Sir Michael Rake, chairman of BT, said: “Ian has done a tremendous job in transforming BT. His decision to accept a government post demonstrates the sense of public service which many of us know to be characteristic. He leaves behind him a very capable team, one which will take forward the strategy that has served BT well and which lays out the path to further success.”
Patterson joined the company as managing director of its consumer division in January 2004. He became CEO of BT Retail in May 2008 and joined the company’s board in June 2008.
Patterson said: “We have great opportunities ahead and are well placed to take advantage of them, in the UK and internationally. We have the people, the technology and the plans we need to build on our current successes. I look forward to leading a dynamic team to ensure we do just that.”
Prior to joining BT, Patterson was associated with Telewest (which later merged with NTL to become Virgin Media) as managing director of its consumer division for four years. He also spent nine years at Procter and Gamble.