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SIMON LOWTH TO JOIN BT AS GROUP FINANCE DIRECTOR
SIMON LOWTH TO JOIN BT AS GROUP FINANCE DIRECTOR.
About this update from Bt Group Plc
[{"type":"text","content":"\n \nRNS Number : 5003S BT Group PLC 18 March 2016 \n\n 18 March, 2016\n \nSIMON LOWTH TO JOIN BT AS GROUP FINANCE DIRECTOR\nSimon Lowth will join BT Group plc in July to become Group Finance Director and an executive board director.\n Simon is one of the UK's most respected CFOs, known for driving major cost transformation and performance improvement programmes. He brings a wealth of experience to BT having been CFO, and served on the boards, of three major publicly listed companies - BG Group, AstraZeneca and ScottishPower - over the past eleven years. He has also been non-executive director at Standard Chartered Bank plc since 2010.\nHe will join the company on 4 July and will replace BT's current Finance Director, Tony Chanmugam, following a handover period. Tony will then move to focus on integrating the mobile network provider EE into BT, for a period of time. BT will announce the date of Simon's appointment to the Board in due course.\nMost recently, Simon was CFO and executive director of oil and gas giant BG Group plc. Having joined BG Group in November 2013, Simon had board level responsibility for the company's finance, internal audit, risk management, investor relations, corporate strategy and merger and acquisition activities. He stepped down in February 2016, following its £35 billion takeover by Royal Dutch Shell.\nSpeaking today, Simon said: \"I'm delighted to be joining BT at such an exciting time. Having acquired one of the UK's leading mobile operators and with superfast fibre broadband available to well over 24 million homes, BT is well-placed for growth in consumer, business and wholesale markets. I look forward to working with Gavin Patterson and the rest of BT's strong te...