Ofcom CEO Ed Richards announces plans to step down
Ed Richards, CEO of Ofcom, has announced that he will step down from his role in December 2014, saying it is the “right time to move on”.
He will still hold responsibility for all operational, financial, economic, competition and policy matters until this date.
Having taken up the role in October 2006, he said of his tenure: "It has been a privilege to lead Ofcom during such an exciting and dynamic period in the evolution of the UK's communications sector.
"It is never easy leaving a job that you enjoy greatly but I have always felt that once I had completed eight years as chief executive this would be the right time to move on."
The executive search process to appoint a replacement is under way, led by Zygos Partnership.
Patricia Hodgson, Ofcom chairman, said: "Ed has been an outstanding chief executive. Under his leadership, Ofcom has helped to deliver superfast broadband, 4G, lower prices, innovation, competition, and sustainable public service broadcasting in the UK.
"He leaves an impressive legacy. On behalf of the Board I would like to thank him for his enormous contribution."