Appointment of Chief Executive Officer
Graham will join the business and the Board on 15 October 2018. Bill Halbert, KCOM’s current Chief Executive, will remain with the business for a sufficient period to ensure the smooth transition of his existing responsibilities and the conclusion of certain strategic projects.
Graham has held a number of senior leadership positions in the UK telecommunications services sector serving both consumer and business markets. Over the last decade he has held a number of Chief Executive roles within BT Group PLC, including BT Business and Public Sector and BT Ireland (covering consumer, business and network interests across the island of Ireland). Previously he held senior roles at NTL and Bombardier. Graham has a strong track record in strategic transformation and driving improved financial and operational performance.
“I am delighted to welcome Graham Sutherland to KCOM. He brings with him a wealth of experience in the communications industry and will bring a fresh perspective to the Board and leadership of the business. “On behalf of the Board, we would like to thank Bill for the immense contribution he has made, driving the transformation of KCOM to create a cash generative, sustainable business. As of today, under his leadership, the Group has delivered a more than ten-fold increase in total shareholder returns.”
Graham Holden
Non-Executive Chairman
There is no information that requires disclosure under Listing Rule 9.6.13.
The Group will announce its interim results on Tuesday 27 November 2018.