TalkTalk CEO Tristia Harrison is stepping down after six years in the role ahead of the break up of the company.The telco is splitting into three independent companies: the B2B Wholesale Platform; TalkTalk Consumer and TalkTalk Business Direct.The new companies will become operationally separate from November 1, and legally separate from March 1, 2024.Ms Harrison will chair a newly established Oversight Board up to the legal separation on March 1, 2024.Tom O’Hagan, founder of Virtual1 and current MD of TalkTalk Business Wholesale, will be CEO of the Wholesale Platform, while Adam Dunlop, the former Managing Director of iD Mobile and current MD of TalkTalk Consumer and Supply & Partnerships, will be CEO of TalkTalk Consumer. Ruth Kennedy continues as Managing Director of TalkTalk Business Direct.The demerger will allow each company to focus on meeting the needs of their distinctive customer bases, eliminate operational complexity, and support balance sheet refinancing and investment on a standalone basis.The new companies will become operationally separate from November 1, and legally separate from March 1, 2024.All three businesses will be headquartered in Salford, UK, and will continue to be supported by existing TalkTalk Group shareholders.The changes will lead to a limited number of redundancies, primarily from central corporate functions. Having joined TalkTalk in 2003.
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