Tony Rice has announced he will step down from UK-listed regional operator Cable & Wireless Communications (CWC) before the end of the year.
Rice is being replaced after six years at the helm by Phil Bentley, former managing director of utility…
Tony Rice has announced he will step down from UK-listed regional operator Cable & Wireless Communications (CWC) before the end of the year.
Rice is being replaced after six years at the helm by Phil Bentley, former managing director of utility incumbent British Gas, ahead of the creation of CWC’s new executive office in Miami, Florida.
Bentley, who during his time with British Gas increased its profits from £300m to £1.1bn and sales by over 30% to £14bn, will join the group as it concentrates on mobile, fixed line and broadband services in Latin America and the Caribbean region following a series of divestments.
CWC chairman Sir Richard Lapthorne said: “I am delighted to have attracted someone of Phil Bentley’s calibre to lead the company. Phil demonstrated his leadership skills at British Gas, combining strong operational capability with a real focus on customer value – experience which he will bring to CWC as we focus our business on a single region, and drive greater operational improvements.”
