TalkTalk snags a new finance chief from Dixons Carphone

Caitlin Morrison
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TalkTalk sees another change to its board (Source: Getty)

TalkTalk's finance chief is stepping down later this year, the telecom group announced this morning.

Iain Torrens plans to leave after two years as the company's chief financial officer. He will be replaced by Kate Ferry, whp is currently director of investor relations and corporate affairs at Dixons Carphone, where she has worked for the last seven years.

Before that, Ferry was a retail analyst at Merrill Lynch and prior to that an audit manager at PwC.

"On behalf of the board, I would like to thank Iain for his hard work over the last few years," Sir Charles Dunstone, TalkTalk's executive chairman, said.

"He has been a valued member of the TalkTalk team and the board and we all wish him well for the future. I am also delighted to welcome Kate to TalkTalk. As we continue our journey under the new leadership team and with a refocused direction, Kate brings a wealth of experience to the role.

"Her skills will work really well at TalkTalk and we're looking forward to working with her as we focus on delivering our new and exciting plan for the business."

This is the second big senior departure for TalkTalk in 2017 - chief executive Dido Harding left the firm in May.

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