Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Incoming BT Chairman Crozier's record of corporate leadership

Stock MarketsAug 17, 2021 10:32
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. FILE PHOTO: Then Royal Mail Chief Executive Adam Crozier speaks at a business breakfast during the CBI conference at the International Convention Centre in Birmingham, central England, November 9, 2004. REUTERS/Darren Staples

(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 (LON: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.


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.


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.


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.

Incoming BT Chairman Crozier's record of corporate leadership

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email