British Telecom appoints former EDS executive to be responsible for global service department
Source: Internet
Author: User
KeywordsSenior management Service department Global Services
Beijing time, January 8 Evening News, according to foreign media reports, Bt (hereinafter referred to as "BT") has appointed former EDS senior executive Jeff Kelly (Global Services) department. BT's global service was the main driver of BT's growth. However, due to poor cost management, the department has become a drag on BT to achieve profitability. Kelly has served in EDS for nearly 25 years. As a pioneer in the US computer service industry, EDS was acquired by HP in 2008 at a price of 14 billion dollars. In Eds, Kelly was responsible for domestic operations in the United States, including General Motors, Kraft and the U.S. Navy. BT said in a statement that the appointment of Kelly will take effect immediately. Before the end of March, he will work with the current head of BT Global Services, BT's former chief financial officer Hanif Laragne (Hanif Lalani). Laragne has been in BT for 26 and has been responsible for BT Global Services by the end of 2008. BT said that after leaving the Laragne will be engaged in its interest in the business. UBS said the change would have a negative impact on BT. "Eds used to get a lot of government contracts, but they didn't translate these contracts into profit and cash flow," UBS analysts said in a report. "BT Global Services provide IT services to many multinationals. In the fiscal year ending March 2009, BT Global service sales were 14 billion U.S. dollars, accounting for 41% of BT's total revenue. But the sector's operating losses have reached 3.34 billion of billions of dollars. BT Global Services have succeeded in getting some big contracts, but many of these contracts have low margins and even losses. BT believes this is due to the failure of BT Global Services management to manage the cost and the deterioration of the economic environment. (D-Gold)
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