Moat departs from Everything
Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.
Friday 02 September 2011
Richard Moat, the telecoms executive who won praise for turning around T-Mobile UK before its merger with Orange UK, has quit the Everything Everywhere venture that was formed by the combination of the two businesses.
His departure from the role of chief financial officer and deputy chief executive came as part of a shake-up by new chief executive Olaf Swantee.
The venture is jointly owned by Deutsche Telekom, which owns the T-Mobile brand, and France Telecom, which owns Orange. Neal Milsom will replace Mr Moat as the venture's new finance chief. Mr Milsom will be part of a newly installed, 10-strong leadership team that will report to Mr Swantee.
"The leadership team I'm announcing... draws from existing talent within Everything Everywhere as well as bringing in some new faces," Mr Swantee said.
Mr Swantee was appointed in place of the venture's first boss, Tom Alexander, who left for personal reasons. Mr Moat, as the former chief executive of T-Mobile UK, had been tipped for the post in the wake of Mr Alexander's resignation.
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