T4K3.news

Simon Lowth to retire from BT Group as CFO

Patricia Cobian appointed as the new CFO to lead the company into its next phase.

July 24, 2025 at 06:00 AM

Simon Lowth to retire as BT’s Group CFO, with Patricia Cobian appointed as successor

BT Group plc announces Simon Lowth's retirement as CFO, appointing Patricia Cobian as successor.

BT Group announces leadership change in CFO position

BT Group plc has announced that Simon Lowth will retire as Group Chief Financial Officer after nine years. Following a thorough global search, Patricia Cobian, currently CFO at Virgin Media O2, will step into the role. Patricia is set to join the BT Board and Executive Committee in the summer of 2026, with a managed handover from Lowth. Allison Kirkby, Chief Executive of BT Group, expressed enthusiasm for Cobian’s leadership and expertise, which she believes are vital for BT’s ongoing modernization efforts in UK digital infrastructure. Adam Crozier, Chairman of BT Group, echoed this support, emphasizing Cobian's transformative leadership qualities. Cobian herself expressed excitement about joining BT at this pivotal time.

Key Takeaways

✔️

Simon Lowth retires after nine years as CFO of BT Group

✔️

Patricia Cobian appointed to succeed him in summer 2026

✔️

Cobian brings extensive experience from Virgin Media O2

✔️

Allison Kirkby expressed confidence in Cobian's leadership abilities

✔️

Transition represents a significant shift for BT Group

✔️

Stakeholders anticipate Cobian's impact on digital transformation efforts

"Patricia is going to be joining BT next year. Her leadership will be invaluable."

Allison Kirkby comments on Cobian's upcoming role at BT, highlighting her significance.

"I am excited to join BT at such a critical point in the company’s transformation."

Cobian expresses her enthusiasm about joining BT during its pivotal phase.

The appointment of Patricia Cobian signals BT Group's commitment to fostering a strong leadership team amid ongoing digital transformation. Cobian's background in mergers and acquisitions, particularly with Virgin Media and O2, may help BT navigate the complexities of modern telecommunications. With Lowth's departure marking the end of an era, this transition period will be crucial as the company's future direction hinges on Cobian's strategies. Investors and stakeholders will be keenly observing her initial moves as the telecommunications industry continues to evolve rapidly.