BT has announced that Ian Livingston CEO of BT Retail is to replace Ben Verwaayen as CEO of BT Group on 1 June 2008.
Gavin Patterson, who currently heads up the consumer division, will fill Livingston’s (pictured) current BT Retail role.
Ben Verwaayen will leave BT after more than six years during which he has led the transformation of the company.
BT Chairman Sir Mike Rake said: ‘Ben has been an exceptional CEO whose courage and leadership has transformed BT from being a deeply troubled organisation into a thriving business with global capability and a clear strategy for the future.
'He has been instrumental in restoring pride in BT. Everyone in the company owes him a huge debt of gratitude and wishes him well for the future.’
Verwaayen joined BT in January 2002 from Lucent Technologies where he was vice-chairman of the management board.
He has been awarded a Chevalier de la Légion d’honneur by the French government for his services to global telecommunications, honoured in The Netherlands as an Officer of the Order of Oranje-Nassau, and recently received an honorary knighthood in the UK for his contribution to the communications industry.
He said: ‘I have had six exciting years and I am extremely proud of the people in BT. Without them the company’s recent success would not have been possible.’
Ian Livingston joined BT as group finance director in 2002. He took over as chief executive of BT Retail in 2005. Under his leadership BT Retail has returned to growth and sharply increased profitability.
Livingston said: ‘I am very proud to have been chosen as its next CEO.’