6/19/2013 12:09:15 PM
Livingston steps down as BT Group CEO
BT Retail CEO Gavin Patterson is set to take over as chief executive of BT Group in September, after Ian Livingston agreed to join the government.
Livingston will serve as minister of state for trade and investment. Patterson has been with BT for nearly 10 years and has served as CEO of BT Retail since 2008. Sir Michael Rake, BT chairman, 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 said: 'The company is in a strong place. 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.'
Author: Graeme Neill