News Articles

Wednesday, June 26, 2013

Management changes at Carphone Warehouse

Carphone Warehouse has completed its planned acquisition of Best Buy’s 50% share of the CPW Europe business, bringing an end to the joint retail venture.

From next month’s AGM, Andrew Harrison is stepping up to become CEO of the Carphone Warehouse Group. He’d previously been CEO of CPW Europe. Roger Taylor, the current Group CEO, will become deputy chairman.

Roger Taylor said “The completion of our acquisition of Best Buy's 50% share of CPW Europe means that once again Carphone Warehouse's retail operation forms the core of the Group's business. It is logical, therefore, that Andrew Harrison, who has run this business for several years, should step up to become chief executive officer for the Group. Andrew has worked for Carphone Warehouse for over 17 years and has been an important part of many of our growth strategies including our Best Buy Mobile venture and Connected World strategy. I will move to become deputy chairman, maintaining many of my existing responsibilities, and welcome Andrew to his new role.”

Preliminary annual results for the year ended 31st March 2013 show CPW Europe revenue up 11.5% year-on-year to almost £3.7 billion. Net profit was up slightly from 2012 to £58.1 million.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Retailing, NewsNumber of views: 978

Tags: best buycarphone warehouse

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«September 2016»
MonTueWedThuFriSatSun
2930311234
567891011
12131415161718
19202122232425
262728293012
3456789

Archive

Terms Of Use | Privacy Statement