November 23, 2014 12:21 PM ET

Commercial Services and Supplies

Company Overview of Ofcom

Company Overview

Ofcom is a statutory corporation that regulates the communication industry in United Kingdom through certain codes and policies. The company frames policies for the television, radio, telecommunications, and wireless communications services sectors. Ofcom offers research, consulting, consumer information, and Licensing and numbering services. Its services include promotion of choice, quality, and value in electronic communications services and encouraging competition between the providers of those services; ensuring efficient use of the radiocommunications spectrum; ensuring availability of electronic communications services, including broadband; ensuring of TV and radio programs; maintainin...

2a Southwark Bridge Road

Riverside House

London,  SE1 9HA

United Kingdom

Phone:

44 20 7981 3000

Fax:

44 20 7981 3333

Key Executives for Ofcom

Chief Executive Officer and Member of the Board of Directors
Age: 48
Chief Operating Officer
Chief Policy Partner and Director
Age: 59
External Relations Director
Head of Corporate Relations
Compensation as of Fiscal Year 2014.

Ofcom Key Developments

Ofcom Announces Executive Changes

Ofcom announced that Steve Unger will step up as acting Chief Executive at the end of 2014. Unger is currently Director of the Strategy, International, Technology and Economist Group at Ofcom. He will become interim Chief Executive when Ed Richards stands down at the end of December 2014.

Ofcom Appoints Jonathan Oxley as Group Director for Competition

Ofcom appointed Jonathan Oxley as its new group director for competition. He will take up the position in November and join Ofcom's board in January 2015. Oxley has been a partner at PwC's strategy and economics practice since 2006, specialising in media and technology. He previously worked at BT and for eight years at Verizon's Metropolitan Fibre Systems.

Ed Richards to Step Down as Chief Executive of Ofcom

Ofcom announced that its chief executive, Ed Richards, will step down at the end of the year 2014. Richards has held the position since 2006, previously serving as Ofcom's chief operating officer and board member. He will continue to lead on all operational, financial, economic, competition and policy matters until that date. The search process to appoint a replacement is under way, led by Zygos Partnership.

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