Dixons Carphone announces board shakeup as profits jump 23%
The electronics retailer had its biggest ever day of sales on Black Friday.
Last year’s merger between Dixons Retail and Carphone Warehouse appears to be paying off. The newly-merged group’s fortunes have continued to swell in the 18 months since the two retailers inked a deal, and now the business is gearing up for further growth.
Dixons Carphone announced it was giving its boardroom a spring-clean today, alongside a 23% jump in profits and a record day of sales on Black Friday. Its deputy chairman and the former chief executive of Carphone Warehouse, Roger Taylor, and long-time NED John Gildersleeve are both moving on.
They have been replaced by former BT boss and government trade chief Ian Livingston (Baron Livingston of Parkhead to you and me) and former Asda chief exec Tony De Nunzio. Livingston, who was the FD of Dixons in his younger days, will be a particularly useful asset as the retailer aims to grow its Connected World Services division, which is focused on business customers and investing in the so-called ‘internet of things’.
