Lord Livingston to take over as chairman of Dixons Carphone

Lord Livingston has been Dixons Carphone’s deputy chairman since 2015. He is a former government minister and CEO of BT.

Sir Charles, who founded Carphone Warehouse 27 years ago, will remain a senior adviser to Dixons Carphone.

The company added that Tony De Nunzio would become deputy chairman and chairman of the remuneration committee from April 30, in addition to his current role as senior independent director.

Sir Charles said: “I founded Carphone Warehouse 27 years ago and it remains a very important part of my life. It is now three years since we agreed the merger with Dixons and I am delighted with the way both companies have performed since.

“We have built a very strong management team and I have great confidence in their ability, so I know that the company has an exciting future.

“I remain a committed shareholder and, in my new role as a senior advisor, I will continue to take an active interest in the business and look forward to seeing many colleagues throughout the year.

“I am delighted that Ian has agreed to take on the role of chairman. He knows the company and the industry very well, is well-liked and respected by our management team and has been a voice of experience and support to the company since he joined our board.”