Dixons Carphone appoints Alex Baldock as Group Chief Executive

LONDON, 2018-Jan-23 — /EPR Retail News/ — Dixons Carphone plc announces the appointment of Alex Baldock as Group Chief Executive from April 2018, to succeed Sebastian James who has informed the board of his decision to step down around the end of the financial year after six years in the role. Sebastian will be joining Walgreens Boots Alliance later this year.

Alex Baldock is currently Group Chief Executive of Shop Direct plc, the UK’s second largest pure-play online retailer, a position which he has held since 2012.

Ian Livingston, Chairman of Dixons Carphone plc, said:

“Seb has made an outstanding contribution to both the creation and success of Dixons Carphone. It is a much stronger company today than when he became CEO of Dixons Retail in 2012 with revenue, profit and customer satisfaction all substantially higher. The Group is now the market leader in eight countries.”

“On behalf of the Board and all our colleagues, I would like to thank Seb for all that he has done over the past six years as CEO of first Dixons Retail and now Dixons Carphone. We wish him every success in his new role.”

“The Board and I are delighted to welcome Alex Baldock to the Group. He has an outstanding track record in leading large, complex consumer-facing businesses. He’s led Shop Direct through one of UK Retail’s fastest, most far-reaching and most successful digital transformations, delivering five consecutive years of record financial performance, with strongly rising sales and an almost tenfold increase in profits.

“We wanted Alex for his strategic clarity, relentless execution and his ability to inspire people to get behind him at every step. We look forward to Alex bringing that leadership to the Group as we build on our market-leading positions.”

Sebastian James said:

“It has been an enormous privilege to lead this business and to work with such passionate and committed colleagues over the last few years. Together, I think that we can be very proud of the profound transformation that we have seen in Dixons Carphone and the sound footing, customer affection, and place in the world that it now enjoys. I offer my most sincere thanks to Ian, the Board and my colleagues for their support and friendship over these years. I will be very sad to leave, tempered only by the fact that I know that Alex will do a terrific job of leading the company and driving it on to
new heights.”

Alex Baldock said:

“I can’t wait to get started at Dixons Carphone. Seb and the team have achieved an extraordinary amount, not least reinforcing Dixons Carphone’s position as a leading electrical and mobile retailer in Europe at a time of wrenching change. It’s with great excitement that I look forward to getting to know the people and the customers at Dixons Carphone, and to building on these achievements. Dixons Carphone is exceptionally well-placed to help customers navigate the complex, fast-changing world of technology and mobile, and I feel privileged that Ian and the Board have asked me to lead the Group to make the most of that opportunity.”

About Dixons Carphone:
Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in nine countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from Team Knowhow.

Dixons Carphone’s primary brands include Carphone Warehouse and Currys PC World in the UK & Ireland, Elkjøp, Elkjøp Phonehouse, Elgiganten, Elgiganten Phone House, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, and Dixons Travel in a number of UK airports as well as Dublin and Oslo. Our key service brand is Team Knowhow in the UK, Ireland and the Nordics.

Business-to-business (B2B) services are provided through Connected World Services, Currys PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

For further information:
Assad Malic IR
PR & Corporate Affairs Director
+44 (0) 7414 191 044

Mark Reynolds
Head of Investor Relations
+44 (0) 7979 696 498

Nick Cosgrove
Helen Smith Brunswick Group
+44 (0) 207 404 5959

Information on Dixons Carphone plc is available at www.dixonscarphone.com
Follow us on Twitter: @dixonscarphone and @DCSebJ

Source: Dixons Carphone

Walgreens Boots Alliance welcomes Sebastian James as SVP and President and Managing Director of Boots

DEERFIELD, Ill., 2018-Jan-22 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced the appointment of Sebastian James as Senior Vice President and President and Managing Director of Boots. He also will be contributing to the Group with involvement in a number of key areas, joining the company in the summer of 2018 and taking up his new role at the beginning of the new fiscal year on 1 September. He will report to Alex Gourlay, Co-Chief Operating Officer for Walgreens Boots Alliance.

James joins from Dixons Carphone plc (LSE: DC), Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 42,000 people in nine countries, where he is currently Group Chief Executive since 2014, having been Chief Executive of Dixon Retail since 2012. Previously, he was Chief Executive Officer of Synergy Insurance Services and Silverscreen Holdings, having started his career in management consulting with The Boston Consulting Group and Bain & Company.

Elizabeth Fagan, who has led Boots since June 2016, will continue working with the Company and will take on the newly created role of Non-Executive Chairman of Boots in the new fiscal year.

Gourlay said: “We are delighted that Sebastian will join our Company at an equally exciting and challenging time for the retail environment in the UK and for the future development of Boots, a brand synonymous with pharmacy and care. We are sure his deep retail expertise will drive significant progress and innovation at Boots for the benefit all our stakeholders. I also want to warmly thank Elizabeth who has been leading the business very successfully for the last 18 months or so, and in her over 11 years with the Company has made an invaluable contribution. She will continue to do so in her next role.”

James said: “I am very excited to be joining Walgreens Boots Alliance at this time in its history, and to have been offered the privilege of leading Boots, surely one of the UK’s most iconic, venerable and trusted brands. At a time of unprecedented change in both the retail and healthcare markets, to build on the fantastic work that the team have done over the last few years, and to be a part of the next chapter for this great company is an extraordinary opportunity. I look forward to getting to know my new colleagues at both Boots and WBA in the next few months.”

Notes to Editors:

About Walgreens Boots Alliance

Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise. The company’s heritage of trusted health care services through community pharmacy care and pharmaceutical wholesaling dates back more than 100 years.

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens Boots Alliance and the companies in which it has equity method investments together have a presence in more than 25* countries and employ more than 385,000* people. The company is a global leader in pharmacy-led, health and wellbeing retail and, together with the companies in which it has equity method investments, has more than 13,200* stores in 11* countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with more than 390* distribution centers delivering to more than 230,000** pharmacies, doctors, health centers and hospitals each year in more than 20* countries. In addition, Walgreens Boots Alliance is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products.

The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Soap & Glory, Liz Earle, Sleek MakeUP and Botanics.

The company ranks No. 1 in the Food and Drug Stores industry of Fortune magazine’s 2017 list of the World’s Most Admired Companies.

More company information is available at www.walgreensbootsalliance.com.

* As of 31 August 2017, using publicly available information for AmerisourceBergen.

** For 12 months ending 31 August 2017, using publicly available information for AmerisourceBergen

Contact(s)

Walgreens Boots Alliance, Inc.
Media Relations
USA / Michael Polzin, +1 847 315 2935
or
International / Laura Vergani, +44 (0)207 980 8585
or
Investor Relations
Gerald Gradwell and Ashish Kohli, +1 847 315 2922

Dixons Carphone Q1 2015/16, 13 weeks ended 1 August 2015: Group like-for-like revenues up 8%

  • Group like-for-like revenues up 8%
  • Continued momentum in the UK and Ireland, with like-for-like revenues up 10%
  • Good performance in the Nordics with like-for-like revenues up 4%
  • Flat like-for-like revenues in Southern Europe with improving trading in Spain and growth in Greece despite challenging markets
  • CWS announces an agreement with Sprint Corporation to open and manage stores in the US
  • Integration on track
Pro forma Headline like-for-like1 revenues
UK & Ireland 10%
Nordics 4%
Southern Europe 0%
Group 8%

 

Sebastian James, Group Chief Executive, said:

LONDON, 2015-9-10 — /EPR Retail News/ — “This is a very encouraging first quarter with excellent growth for the Group overall, showing strong like-for-like revenues in the UK driven principally by significant market share gain in phone sales. Against the World Cup last year I was also pleased to see growth in UK electricals. At the same time, we have continued to see improvements in customer satisfaction and price competitiveness through the period and across all our major territories. Our Nordic business has also experienced decent growth overall against a slightly less buoyant market backdrop.

Our multi-channel proposition continues to make good headway against our competitors, both on and offline, and we continue to invest in those areas that will ensure our long term profitability: service, delivery options, expansion of free warranty, digital marketing and Norwegian price competitiveness. Work has started well on our new venture with Sprint in the US and we are opening our first stores next week. The integration is also going smoothly with our UK head-office move on track and the new management structures in place and working well.

Overall, a very good start to the trading year but I am aware that there is plenty of the year left to go. In the next quarter we will anniversary the startlingly successful iPhone6 launch, the consolidation of the mobile market and, later in the year, an extraordinary Black Friday. Nevertheless, our whole team believes that the business is in very good shape to have another successful year, and I look forward to giving a further update at the interims in December.”

Notes
(1) Like-for-like revenues are calculated based on Headline store and internet sales using constant exchange rates. New stores are included where they have been open for a full financial year both at the beginning and end of the financial period. Sales from franchise stores are excluded and closed stores are excluded for any period of closure during either period. Customer support agreement, insurance and wholesale revenues along with revenue from Connected World Services and other non-retail businesses are excluded from like-for-like calculations. Revenues from Carphone Warehouse stores-within-a-store are included in like-for-like.

Investor and analyst call

There will be a conference call for investors and analysts at 7:30 am (BST) this morning. The call will also be broadcast on our website, www.dixonscarphone.com via a listen-in only webcast.

Dial-in details – UK/International: +44 (0) 20 3003 2666; passcode: 5339762

Seven-day replay – UK/International: +44 (0) 20 8196 1998; passcode: 5339762

Next announcement

The Group will publish its interim results on Wednesday, 16 December 2015.

For further information

Kate Ferry
IR, PR & Corporate Affairs Director
+44 (0)7748 933 206

Mark Reynolds
Head of Investor Relations
+44 (0)7979 696 498

Hannah Collyer
Head of Media Relations
+44 (0)1727 203 041

Nick Cosgrove, Helen Smith
Brunswick Group
+44 (0)207 404 5959

Information on Dixons Carphone plc is available at www.dixonscarphone.com

Follow us on Twitter: @DixonsCarphone and @DCSebJ

About Dixons Carphone
Dixons Carphone plc is Europe’s leading specialist electrical and telecommunications retailer and services company, employing over 40,000 people in 9 countries.

Focused on helping customers navigate the connected world, Dixons Carphone offers a comprehensive range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.

Dixons Carphone’s primary brands include Carphone Warehouse, Currys and PC World in the UK & Ireland, Elkjøp, Elgiganten, Gigantti and Lefdal in the Nordic countries, Kotsovolos in Greece, Dixons Travel in a number of UK & Ireland airports and Phone House in Spain, Sweden and Norway. Our key service brands include KNOWHOW in the UK, Ireland and the Nordics, and Geek Squad in the UK, Ireland and Spain.

Business-to-business (B2B) services are provided through Connected World Services, PC World Business and Carphone Warehouse Business. Connected World Services aims to leverage the Group’s existing expertise, operating processes and technology to provide a range of services to businesses.

Certain statements made in this announcement are forward-looking. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future events or results referred to in these forward-looking statements. Unless otherwise required by applicable laws, regulations or accounting standards, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.Information contained on the Dixons Carphone plc website or the Twitter feed does not form part of this announcement and should not be relied on as such.

SOURCE: Dixons Carphone plc.