IRVING, Texas, April 16, 2014 /PRNewswire/ -- BT today announced Timothy P. Flynn, retired chairman of KPMG International, as the Advisory Chairman BT Americas, effective immediately. In this role, Flynn will advise BT on operating in the US environment, including strengthening relationships with key policy-makers and regulators in the US, developing strategies and partnerships to accelerate growth, and mentoring global executives operating in the US business environment.
Sir Michael Rake, Chairman of BT Group plc, said: "The US is an important region for BT with many multinational companies headquartered there and we see great opportunities across the whole continent. The BT team, led by Bas Burger in the Americas, is already serving many of the continent's best known brands, and there is a lot more to aspire to. Tim's knowledge of the regulatory issues and his strong US and global business experience will be a great asset to our team as we continue to expand across the region."
Timothy P. Flynn stated: "BT is a well-known and established global brand, connecting many of the world's leading multinational companies and large government organizations. They have a strong base in the US and have been investing for growth across the wider continent. There are tremendous opportunities ahead and I look forward to working with Bas Burger and his team to develop those opportunities."
Flynn, 57, has extensive experience in leading and working with global businesses operating in regulated environments from his 32 years at KPMG International and its predecessors, most recently serving as the company's international chairman from 2007 until his retirement in October 2011. In this role, he directed a global executive team responsible for the firm's management and operations, and chaired the global board of senior partners responsible for the strategy, oversight and governance of the global network. Prior to becoming Global Chairman, he was Chairman and CEO of KPMG LLP, KPMG International's US member firm - and its largest.
Flynn holds a bachelor's degree in accounting from the University of St. Thomas, St. Paul, Minn., and is a member of its board of trustees. He currently serves as a member of the board of directors of JPMorgan Chase & Co, Wal-Mart Stores, Inc. and Chubb Corporation. He has previously served as a trustee of the Financial Accounting Standards Board, a member of the World Economic Forum's International Business Council, and was a founding member of The Prince of Wales' International Integrated Reporting Committee.
NOTE FOR EDITORS - BT IN THE AMERICAS
In the Americas, BT operates throughout Canada, the US and more than 22 Latin American countries with integrated commercial and operational capabilities. BT has more than 3,600 employees across the region, providing networked IT services tailored to the needs of multinational companies and government organizations, combining BT's global reach with local experience and knowledge, global account management, and excellent customer service.
BT is one of the world's leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed/mobile products and services. BT consists principally of five lines of business: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.
For the year ended 31 March 2013, BT Group's reported revenue was £18,103m( )with reported profit before taxation of £2,315m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
For more information, visit www.btplc.com.