BT Group's Marc Allera to step down

Telecommunications giant BT Group revealed on Wednesday that Marc Allera will step down as chief executive of its consumer division.

BT stated Claire Gillies will take over as CEO-designate on 10 December, kicking off an orderly transition process with Allera, who will leave the group after nine years on 31 March 2025.

Group chief executive Allison Kirkby said: "Marc has been an outstanding leader of BT's Consumer unit, contributing significantly to the company's growth, and to multiple key initiatives such as leading the team through the integration of EE into BT Group, the creation of the BT Sport joint venture with Warner Bros Discovery, and launching New EE as our lead consumer brand.

"I'm delighted to welcome Claire to BT. She brings a wealth of international telecoms experience and has a track record of driving growth in both consumer focused and retail businesses. She will be a brilliant addition to our team as we continue to grow BT's Consumer division, and EE into the UK's leading consumer brand for converged connectivity."

As of 1055 GMT, BT shares were up 1.79% at 158.95p.

Reporting by Iain Gilbert at Sharecast.com