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05/02/2004

BSkyB Chief Financial Officer to leave post

BSkyB has announced that its Chief Financial Officer, Martin Stewart, is to leave the company to pursue other interests.
Stewart joined BSkyB as Group Financial Controller in 1996 and became CFO in May 1998. He will continue in his post until August 4 2004, unless a new CFO is appointed before that date, in which case Stewart has agreed to assist in an orderly transition to his successor.
Stewart said: “I have been privileged to work at Sky in a uniquely fascinating phase of its development during which it has evolved from an analogue product to the UK's leading digital platform with over seven million customers. After eight years of service to BSkyB, it is now the right time for me to pursue new opportunities.”
James Murdoch, Chief Executive of BSkyB, said: “Martin has played an enormous role in the success of Sky and has been instrumental in the Company's transition from analogue to digital. He will be leaving the Company in a superlative position thanks in no small part to his contribution across the operations and strategy of the Group.
"On behalf of the management and the Board, I wish him every success in the future and thank him for his commitment and personal contribution to the success of the business.”
(GB)
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