TalkTalk CEO to step down as company prepares three-way split

TalkTalk CEO Tristia Harrison is to step down after six years in the role as the UK telecom operator prepares to break up into three separate entities.

Harrison is to leave her post early next year. She is to lead a transition team that will supervise the company’s split into separate entities covering the consumer business, enterprise and wholesale.

Harrison is to take a seat on the board of the wholesale division when the split is completed.

TalkTalk has already put its business-to-business division up for sale as it struggles under a £1.1 billion debt burden.

Tristia Harrison

After the split, the wholesale division will be headed by Tom O’Hagan, founder of Virtuall, acquired by TalkTalk last year, who is current MD of TalkTalk Business Wholesale, while he former Managing Director of iD Mobile and current MD of TalkTalk Consumer and Supply ande Partnerships Adam Dunlop will head up the consumer division.

The new companies will become operationally separate from November 1, and legally separate from March 1, 2024.

All three businesses will be headquartered in Salford, UK, and will continue to be supported by existing TalkTalk Group shareholders.

TalkTalk said the changes will lead to a limited number of redundancies, primarily from central corporate functions.

TalkTalk Consumer has 2.4 million residential broadband

Tags: TalkTalk, UK

Most Recent