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Share Price Information for BT (BT.A)

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Share Price: 138.70
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Change: 3.70 (2.74%)
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Open: 135.55
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TIMELINE-Incoming BT Chairman Crozier's record of corporate leadership

Tue, 17th Aug 2021 10:23

Aug 17 (Reuters) - Adam Crozier will become BT
Chairman later this year, the telecoms group said Tuesday,
tapping a seasoned executive known for leading turnarounds at a
variety of public and private businesses.

Here's a look at the 57-year-old executive's career:

** CHAIRMAN, ASOS, 2018-2021

Crozier joined the online fashion retailer in late 2018.
Under him, the group bought fashion brands Topshop, Topman, Miss
Selfridge and HIIT from the administrators of the collapsed
Arcadia Group. Asos shares have fallen 23% so far during his
tenure, which included the coronavirus pandemic.

** CHIEF EXECUTIVE, ITV, 2010-2017

Crozier restored the British broadcaster's fortunes during
his seven years in charge by reducing its reliance on
advertising, and expanding its production business through a
flurry of deals to add independent production companies. ITV's
revenue from sources other than advertising more than doubled
under Crozier's tenure.

** CHIEF EXECUTIVE, ROYAL MAIL, 2003-2010

Crozier launched a transformation programme focused on
cost-cuts in the face of fierce opposition from unions, and
brought in new machinery and equipment to modernize the
debt-ridden company.

** CHIEF EXECUTIVE, ENGLISH FOOTBALL ASSOCIATION, 2000-2002

Crozier, then 35, took the role with little prior experience
in the business of the sport. He is known for modernising the
governing body of English football and hiring the national
team's first foreign manager in Sven-Goran Eriksson. He also
clashed with leading officials over how the game should be run.

** SAATCHI & SAATCHI, 1988-1999

Crozier began his stint as an executive at advertising
agency Saatchi & Saatchi in 1988, before becoming its youngest
board member and joint chief executive in the 1990s after its
founders resigned.

(Reporting by Sachin Ravikumar and Aditi Sebastian in
Bengaluru; Editing by David Holmes)

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