Carphone Warehouse CEO Andrew Harrison (pictured) will step down from the PLC board at the company’s Annual General Meeting today.
The move comes as a consequence of the Best Buy joint venture with Carphone which will see the US electronics giant open 200 stores across Europe.
Harrison will now take on a role as Carphone UK and European CEO as well as taking on a key position in the running of Best Buy’s European plans.
He told Mobile: ‘It is only the PLC board I am stepping down from. I have to as I do not work for the group any more.
‘I work for Best Buy Europe now. It is not a big deal.’
David Goldie, CEO of the telecoms business, is also stepping down, while non-executive director Adrian Martin is retiring after eight years’ service.
Carphone finance chief Roger Taylor, who will become CEO of Best Buy Europe said the company was planning to open its first stores in Britain in the first or second quarter of next year.