BT announced the appointment of Adam Crozier as its next chairman to oversee the group through a key transformational period in its 175-year history.
Adam Crozier, who previously brought new strategies to broadcaster ITV, Royal Mail and the Football Association, will become chairman designate on Nov. 1 and chairman proper a month later, when Jan du Plessis retires.
Adam Crozier joins as the company embarks on a major infrastructure program, racing to take fast broadband fiber to 25 million premises by the end of 2026.
Adam Crozier will also have to manage the new relationship with Patrick Drahi, a Franco-Israeli telecoms entrepreneur who stunned investors in June when he announced that he controlled 12.1 percent of BT, making him the biggest shareholder.
Adam Crozier will step down as chairman of online fashion retail ASOS on Nov. 29, and as a non-executive director of Sony at the end of the year.
“BT is a hugely important company, with a critical role to play in building the digital networks and services to support the UK’s future,” Adam Crozier said.
Adam Crozier
Adam has had over 20 years’ experience as a CEO across four different industries, most recently as the CEO of ITV plc from April 2010 to June 2017. Over that time, he has built a strong track record in turning around troubled organizations and in building and leading successful management teams.
Under Adam’s leadership, ITV was transformed into one of the most successful and dynamic media and content companies in the world and its financial performance improved dramatically, with earnings per share increasing by over 800 percent.
Before joining ITV, Adam was chief executive of Royal Mail, where over seven years he led its modernisation and transformed it from a heavily loss-making position to profitability. Prior to Royal Mail he was CEO of the Football Association between 2000 and 2002 and Joint CEO of Saatchi & Saatchi from 1995 to 2000.
