BT announced that Nigel Stagg, who is currently CEO of BT’s Wholesale business will be stepping down as CEO after a career spanning 36 years with the company. His successor will be announced in due course, said BT in a statement.
Nigel held a number of marketing, purchasing and product management roles in the early part of his career before taking on more senior positions within the company. He has been Director of BT Conferencing, Managing Director of BT Enterprises, Managing Director of Retail Customer Service and Managing Director of BT Business.
His most recent role has been CEO of BT Wholesale, a position he has held since 2011. BT Wholesale provides services to more than 1,400 communications providers who prefer to rely on BT’s expertise than to build out their own networks. It generated £2.2 billion of revenue in 2014/15 and EBITDA of £561 million.
Gavin Patterson, BT Chief Executive
Nigel has made a terrific contribution over many years. He has brought a wealth of commercial and operational skills and experience to all the roles he has held and he has helped us propel the company forwards. I’d like to thank him on behalf of the company and I wish him all the very best for the future.
