Dixons Carphone PLC Dixons Carphone plc - Appointment of new Group CEO (4696C)
22 January 2018 - 6:00PM
UK Regulatory
TIDMDC.
RNS Number : 4696C
Dixons Carphone PLC
22 January 2018
Dixons Carphone plc
Appointment of new Group CEO
Dixons Carphone plc announces the appointment of Alex Baldock as
Group Chief Executive from April 2018, to succeed Sebastian James
who has informed the board of his decision to step down around the
end of the financial year after six years in the role. Sebastian
will be joining Walgreens Boots Alliance later this year.
Alex Baldock is currently Group Chief Executive of Shop Direct
plc, the UK's second largest pure-play online retailer, a position
which he has held since 2012.
Ian Livingston, Chairman of Dixons Carphone plc, said:
"Seb has made an outstanding contribution to both the creation
and success of Dixons Carphone. It is a much stronger company today
than when he became CEO of Dixons Retail in 2012 with revenue,
profit and customer satisfaction all substantially higher. The
Group is now the market leader in eight countries."
"On behalf of the Board and all our colleagues, I would like to
thank Seb for all that he has done over the past six years as CEO
of first Dixons Retail and now Dixons Carphone. We wish him every
success in his new role."
"The Board and I are delighted to welcome Alex Baldock to the
Group. He has an outstanding track record in leading large, complex
consumer-facing businesses. He's led Shop Direct through one of UK
Retail's fastest, most far-reaching and most successful digital
transformations, delivering five consecutive years of record
financial performance, with strongly rising sales and an almost
tenfold increase in profits.
"We wanted Alex for his strategic clarity, relentless execution
and his ability to inspire people to get behind him at every step.
We look forward to Alex bringing that leadership to the Group as we
build on our market-leading positions."
Sebastian James said:
"It has been an enormous privilege to lead this business and to
work with such passionate and committed colleagues over the last
few years. Together, I think that we can be very proud of the
profound transformation that we have seen in Dixons Carphone and
the sound footing, customer affection, and place in the world that
it now enjoys. I offer my most sincere thanks to Ian, the Board and
my colleagues for their support and friendship over these years. I
will be very sad to leave, tempered only by the fact that I know
that Alex will do a terrific job of leading the company and driving
it on to new heights."
Alex Baldock said:
"I can't wait to get started at Dixons Carphone. Seb and the
team have achieved an extraordinary amount, not least reinforcing
Dixons Carphone's position as a leading electrical and mobile
retailer in Europe at a time of wrenching change. It's with great
excitement that I look forward to getting to know the people and
the customers at Dixons Carphone, and to building on these
achievements. Dixons Carphone is exceptionally well-placed to help
customers navigate the complex, fast-changing world of technology
and mobile, and I feel privileged that Ian and the Board have asked
me to lead the Group to make the most of that opportunity."
For further information
IR, PR & Corporate
Assad Malic Affairs Director +44 (0) 7414 191 044
Head of Investor
Mark Reynolds Relations +44 (0) 7979 696 498
Nick Cosgrove,
Helen Smith Brunswick Group +44 (0) 207 404 5959
Information on Dixons Carphone plc is available at
www.dixonscarphone.com
Follow us on Twitter: @dixonscarphone and @DCSebJ
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About Dixons Carphone:
Dixons Carphone plc is Europe's leading specialist
electrical and telecommunications retailer and services
company, employing over 42,000 people in nine countries.
Focused on helping customers navigate the connected
world, Dixons Carphone offers a comprehensive range
of electrical and mobile products, connectivity and
expert after-sales services from Team Knowhow.
Dixons Carphone's primary brands include Carphone
Warehouse and Currys PC World in the UK & Ireland,
Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten
Phone House, Gigantti and Lefdal in the Nordic countries,
Kotsovolos in Greece, and Dixons Travel in a number
of UK airports as well as Dublin and Oslo. Our key
service brand is Team Knowhow in the UK, Ireland and
the Nordics.
Business-to-business (B2B) services are provided through
Connected World Services, Currys PC World Business
and Carphone Warehouse Business. Connected World Services
aims to leverage the Group's existing expertise, operating
processes and technology to provide a range of services
to businesses.
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This information is provided by RNS
The company news service from the London Stock Exchange
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